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    Property profile & analytics

    851 Progress Rd Collierville, TN 38017-2776

    • Warehouses
    • 130,000 SF
    • 11.98 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US80-1677129
    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

    • Brooks Billiards & Gameroom Gallery / Furniture Store / Billiards Supply Store
    • Legacy Billiards / Billiards Supply Store / Wholesaler
    • Belle Meade Signature / Manufacturer

    Property Details for 851 Progress Rd

    Year built
    2009
    Lot size
    11.98 lot acres
    Property size
    130,000 SF
    Zone code
    RI
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    C02-59 - - -00058
    APU
    C025900058

    Description

    This exceptional 5.45-acre industrial land parcel is situated at 851 Progress Rd, Collierville, TN 38017, within the Progress Rd Business Park. Zoned RI – light industrial, this property presents a rare opportunity for businesses seeking a strategically located site in Shelby County. The generous lot size allows for the construction of a building exceeding 80,000 square feet, providing ample space for various industrial operations. The address is easily accessible, offering convenient transportation links for employees and goods. This offering represents a significant advantage for businesses needing a substantial footprint in a thriving area. For businesses requiring a larger land area, additional acreage ranging from 3.8 to 13.5 acres is available on an adjacent property, providing flexibility to accommodate expanding needs. The asking price for this exceptional 5.45-acre parcel is $1,009,000. This is a unique opportunity to secure a prime industrial location in a desirable Collierville business park. Don't miss out on this chance to establish your business in a thriving and well-connected area. Contact us today to learn more about this exceptional property and the adjacent acreage options.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Collierville
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.65
    Latitude
    35.0217
    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
    $116,606
    $589,320
    $1,692,600
    $2,281,920
    -
    $1,473,300
    $4,231,500
    $5,704,800

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    Collierville, TN 38017-2776
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    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
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