Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    166 Neely St Collierville, TN 38017-2611

    • Warehouses
    • 12,900 SF
    • 0.49 lot acres
    OFF-MARKET
    Value Estimation
    $940,000
    Last Sale
    May 15, 2023
    $1,010,000
    Location Intelligence
    Property ID
    US80-1198888
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Warehouses

    Property Details for 166 Neely St

    Year built
    1987
    Lot size
    0.49 lot acres
    Property size
    12,900 SF
    Zone code
    GI
    Property type
    Warehouses
    APN
    C02-44 - -A-00363
    APU
    C0244A00363

    Description

    This exceptional 12,000-square-foot warehouse, located at 166 Neely St in Shelby County, Tennessee, presents a unique opportunity for businesses seeking a single-tenant industrial space. The property boasts six convenient drive-in doors, facilitating efficient loading and unloading operations. The entire 12,000 square feet is currently vacant and ready for immediate occupancy, offering unparalleled flexibility for a wide range of industrial uses. The building's design allows for customization to meet specific business needs, providing ample space for storage, manufacturing, or distribution. Its location in Collierville offers excellent visibility and accessibility, making it an attractive option for businesses seeking a prominent presence in a thriving community. The property is ideally suited for a single tenant seeking a substantial and adaptable industrial space. This is a rare opportunity to secure a well-located, spacious warehouse in a desirable area. The modern design and functional layout make this property a highly sought-after asset in the current market. Contact us today to schedule a viewing and explore the possibilities this exceptional warehouse offers.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $915,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,010,000
      6.5%
      $980,000
      7%
      $1,055,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,070,000
      Geo Method
      $855,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,110,000
      Retail
      $1,115,000
      Mixed-Use
      $975,000
      Hospitality
      $1,135,000
      Educational
      $1,060,000
      Residential Income
      $965,000
      Energy
      $865,000
      Income-Based Land
      $1,115,000
      Food Service
      $1,140,000

    Location Insight

    • Map
    • Local Demand
    City
    Collierville
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.6635
    Latitude
    35.0413
    CBSA code
    32820
    CBSA name
    MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $6,469
    $19,240
    $107,360
    $126,600
    -
    $48,100
    $268,400
    $316,500

    Comparable in this City

    • Value Estimation by Request
      630,430 SF

      505 Us Hwy 72

      WAREHOUSE, STORAGE • 630,430 SF
      505 Us Hwy 72, Piperton, TN 38017-5504
      View Details
    • Value Estimation
      $925,000
      12,994 SF

      214 Byhalia Rd

      MINI-WAREHOUSE, STORAGE • 12,994 SF
      214 Byhalia Rd, Collierville, TN 38017-9475
      View Details
    • Value Estimation
      $2,915,000
      5,322 SF

      731 Chaney Dr

      MINI-WAREHOUSE, STORAGE • 5,322 SF
      731 Chaney Dr, Collierville, TN 38017-2932
      View Details
    • Value Estimation
      $205,000
      10,470 SF

      629 Chaney Dr

      WAREHOUSE, STORAGE • 10,470 SF
      629 Chaney Dr, Collierville, TN 38017-2911
      View Details
    • Value Estimation
      $515,000
      7,156 SF

      686 Commerce Pkwy

      WAREHOUSE, STORAGE • 7,156 SF
      686 Commerce Pkwy, Collierville, TN 38017-2931
      View Details
    • Value Estimation
      $280,000
      7,140 SF

      452 Distribution Pkwy

      WAREHOUSE, STORAGE • 7,140 SF
      452 Distribution Pkwy, Collierville, TN 38017-2945
      View Details

    Similar Nearby for Sale

    • $575,000
      4.74 Acres

      Collierville Industrial Land - Hwy 72

      4.74 Acres, Prime Collierville Location
      0 Highway 72, Collierville, TN 38017
      View Details
    • $798,000
      6.33 Acres

      Collierville Industrial Land Investment

      6.33 acres, prime development opportunity.
      660 Mount Pleasant Rd, Collierville, TN 38017
      View Details
    • $1,400,000

      Collierville Office Land Investment Opportunity

      Prime 3.39-Acre Office Development Site
      Houston Levee Rd, Collierville, TN 38017
      View Details
    • Contact for pricing
      1.00 Acre

      Collierville Industrial Land Opportunity

      Prime 1-acre lot, mixed-use potential.
      184 Mount Pleasant Rd, Collierville, TN 38017
      View Details
    • Contact for pricing
      43.60 Acres

      Collierville Commercial Land - 43.6 Acres

      High-visibility commercial land, Hwy 385 frontage.
      4625 Houston Levee Rd, Collierville, TN 38017
      View Details
    • Contact for pricing
      0.50 Acres

      Collierville Commercial Land - 8.4 Acres

      Prime Collierville location, high traffic, development potential.
      500 Market Blvd, Collierville, TN 38017
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      11,857 SF

      Class A Office/Service Space

      Expandable Class A office/service space in Schilling Farms.
      1125 Schilling Blvd E, Collierville, TN 38017
      View Details
    • Contact for pricing
      80,000 SF

      Industrial Park Near I-269

      Industrial and distribution property with highway access and modern features.
      & I-269 E Shelby Dr, Piperton, TN 38017
      View Details
    • $8 SF/Yr
      38,700 SF

      Collierville Warehouse: 38,700 SF

      Modern warehouse, 4+ acres, immediate occupancy.
      280 Moore Ln, Collierville, TN 38017
      View Details
    • Contact for pricing
      43,560 SF

      Collierville Retail Lot - Poplar Ave

      Prime 1.2-acre retail parcel in Collierville, TN.
      1048 Poplar Ave, Collierville, TN 38017
      View Details
    • $32 SF/Yr
      929 SF

      Collierville Creative Office Space

      Charming renovated office, ideal location.
      258 Center St, Collierville, TN 38017
      View Details
    • Contact for pricing
      46,436 SF

      Schilling Farms Retail Center

      Collierville, TN: Prime Retail Space Available
      0 Schilling Blvd, Collierville, TN 38017
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    166 Neely St
    Collierville, TN 38017-2611
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.