4660 Merchants Park Cir Collierville, TN 38017
- Hotels
- 130,000 SF
- 8.47 lot acres
Current Use by Public Records
- Finish Line (located inside Macy's) / Shoe Store / Clothing Store
- Mid-South Furniture / Furniture Store
- Salon at Macy's / Hair Salon / Fashion Accessories Store
Property Details for 4660 Merchants Park Cir
- Year built
- 2005
- Lot size
- 8.47 lot acres
- Property size
- 130,000 SF
- Zone code
- R-1
- Property type
- Hotels
- APN
- C02-57 - - -00387
- APU
- C025700387
Description
This exceptional commercial land offering presents two distinct parcels totaling 3.68 acres in the thriving Collierville, Tennessee market. One parcel, encompassing 2.18 acres, enjoys a highly visible location between Interstate 385 and Collierville Road, adjacent to the Fairfield Inn. This strategically positioned site is pad-ready and presents significant development potential for a variety of uses, including hotel, medical, retail, restaurant, or entertainment establishments. The second parcel, measuring 1.5 acres, sits at the intersection of South Houston Levee Road and East Shelby Drive, neighboring Jared. This equally advantageous location is also pad-ready and offers similar development opportunities. Both parcels benefit from exceptional traffic counts: Interstate 385 boasts an average annual daily traffic (AADT) of 47,373 vehicles, while South Houston Levee Road sees 12,496 AADT, and East Shelby Drive registers 15,201 AADT. The property is situated near Carriage Crossing, Collierville's premier shopping center, ensuring high visibility and accessibility. This is a rare opportunity to acquire prime commercial land in a rapidly growing area with excellent infrastructure and strong demographics. The address for the larger parcel is 4660 Merchants Park Cir, Collierville, TN 38017. This property is located in Shelby County.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Collierville
- County
- Shelby
- State
- Tennessee
- Longitude
- -89.717
- Latitude
- 35.0251
- CBSA code
- 32820
- CBSA name
- MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA