851 Progress Rd, Collierville, TN 38017-2776
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.
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Brooks Billiards & Gameroom Gallery Furniture & Home Goods Home Decor Store
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Legacy Billiards Big Box & Wholesale Store
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Belle Meade Signature Industrial Manufacturer Production Facility
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
RI · Collierville, TNCollierville. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.