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10210 Collierville Rd Collierville, TN 38017-3322

OFF-MARKET Strip malls Google Maps
10,731 SF 1.44 ac lot Built 2007
Entity Owned 2-yr Hold ~ Est. High Equity
Estimated value (blended)
$1.82M
Range $1.63M – $2.00M (±10%)
Property ID US80-3172185

Property summary

AI-generated overview

This exceptional 10,731 square foot retail building, constructed in 2007, is ideally situated in Collierville, Tennessee, at the intersection of Highway 385 and Houston Levee Road, offering unparalleled visibility and accessibility. The property boasts a prime location directly off the interstate, ensuring high traffic volume and excellent exposure to potential customers. Currently, there is one suite available, totaling 4,300 square feet, presenting a significant opportunity for a business seeking a prominent retail presence. The entire building comprises a single suite, offering flexibility and potential for customization. The building's location in Shelby County, Tennessee, within the thriving Collierville community, provides access to a strong consumer base and a robust local economy. The zip code is 38017. This property is classified as a commercial retail space with multiple tenancy potential. The building's size and location make it an attractive option for a variety of retail businesses seeking a high-profile location with significant visibility. The available space offers a blank canvas for a business to establish its brand and presence in a highly desirable area.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2007
Total area 10,731 SF
Lot 1.44 ac (62,639 SF)
Zoning code R-1
APN C02-57 - - -00390
UPID US80-3172185

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Printing Service

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.79M
CAP Approach CAP
$1.95M
Comparable Approach Comparable
$1.48M
Blend (final) Blend
$1.82M

Owner & transaction history

since 2023
Last sale
$2.0M
6 recorded transactions
2023
$2.0M
2022
Price N/A
2014
$3.0M
2008
$1.3M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

R-1 · Collierville, TN
Zoning description

ses permitted in each zoning district 151.026 Temporary uses, activities, and structures 151.027 Bulk regulations and yard requirements for all zoning districts Residential Districts 151.035 Statement of purpose 151.036…

General category RESIDENTIAL
Top alternative use upside
Medical building $1.6M +66.3%
Office building $1.6M +63.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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