Property profile

184 S Mount Pleasant Rd Collierville, TN 38017

FOR SALE
Warehouses
Property ID
US80-1859623
11,216 SF 1.01 ac lot Built 1953
Entity Owned 13-yr Hold Absentee Owner ~ Est. High Equity
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184 S Mount Pleasant Rd, Collierville, TN 38017 For Sale
Contact for pricing 11,216 SF
184 S Mount Pleasant Rd, Collierville, TN 38017
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Property summary

AI-generated overview

This exceptional 1-acre commercial land parcel presents a unique investment opportunity in the thriving Collierville, Tennessee market. Located at 184 S Mt Pleasant Rd, this property boasts a total area of 43,560 square feet and is zoned for industrial use. However, the Collierville Land Use Plan designates it for mixed-use development, opening doors to a wider range of possibilities. Its strategic location, just two blocks from the town square, ensures high visibility and accessibility. The property benefits from its proximity to a developing microbrewery on an adjacent lot, suggesting a burgeoning and vibrant commercial environment. This presents a compelling opportunity for developers or businesses seeking a prime location with significant growth potential. The current owners are open to exploring build-to-suit options for qualified prospects, offering flexibility and collaboration in realizing the property's full potential. This rare, smaller lot in a desirable location makes it an ideal site for a variety of commercial ventures, capitalizing on Collierville's dynamic economic landscape and convenient access to amenities. The property's address is 184 S Mt Pleasant Rd, Collierville, TN 38017, within Shelby County.

Property profile

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1953
Total area 11,216 SF
Lot 1.01 ac (43,996 SF)
Zoning code GI
APN C02-44 - - -00577
UPID US80-1859623

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
  • Production Facility Brewery & Distillery

Location

184 S Mount Pleasant Rd Collierville, TN 38017
Collierville metro Census 21620 MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$220k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$220k

Owner & transaction history

2 recorded transactions
1969
Price N/A
1969
Price N/A

Zoning & alternative use

GI · Collierville, TN
Zoning description

SCC Shopping Center Commercial District 151.064 CB Central Business District 151.065 GC General Commercial District Industrial Districts 151.075 Statement of purpose 151.076 RI - Restrictive Industrial District 151.077 G…

General category INDUSTRIAL

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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