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Property summary
This property is a 150,000-square-foot commercial space located at the intersection of Highway 385 and Houston Levee in Collierville. It sits within a mixed-use retail and service shopping center environment with nearby hotels and a variety of national and specialty retailers. The site benefits from heavy surrounding traffic, with Highway 385 reporting approximately 53,298 AADT and Houston Levee approximately 12,496 AADT, supporting visibility and customer access. The space is configured to accommodate a range of potential uses, including medical, office, and other professional or service-oriented users.
Property profile
VerifiedCap rate & NOI
Current use
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Clothing & Fashion Store (Bike/Boat/Book/etc) Store
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Furniture & Home Goods Home Decor Store
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Hair Salon
Location
Value estimations
Owner & transaction history
Zoning & alternative use
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…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
R-1 · Collierville, TNses 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…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
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…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for R-1 in Collierville, TN.
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