11973 Macon Rd, Collierville, TN 38017-4879
This exceptional commercial property in Collierville, Tennessee, presents a lucrative investment opportunity. Located at 11973 Macon Road, this corner lot boasts multiple income-generating units currently occupied by month-to-month tenants. The property's zoning designation is CMU2, offering flexibility for a variety of commercial uses. The main building at 11973 Macon Road and an additional building at 11989 Macon Road are both included in this sale, each with its own set of tenants operating under month-to-month leases. A separate residential property, located at 1218 Collierville Arlington Road, is also part of this offering and is similarly zoned CMU2, providing additional potential for development or rental income. The total asking price for this multi-unit commercial property is $1,199,900. This is an excellent opportunity for investors seeking a diversified portfolio with established rental income and significant potential for future growth. The property's prime corner location ensures high visibility and accessibility, making it an attractive proposition for a wide range of businesses. Detailed financial information and lease agreements are available upon request. Serious inquiries only.
-
Bee Well Health Clinic In Office Thursday And Friday - TeleDoc Online Mon- Sat Medical Clinic
-
Shelby Images Photography Service (Bike/Boat/Book/etc) Store
-
Brittany Dye Physician
-
Perkins Builders LLC Construction Company General Contractor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CMU-3 · Collierville, TNCollierville. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.