10210 Collierville RdCollierville, TN 38017

Property Details for 10210 Collierville Rd

Year built

2007

Lot size

1.44 AC

Property size (Sq ft)

10,731 SF

Zone code

R-1

Property type

Retail properties

Property subtype

Strip malls

APN

C02-57 - - -00390

APU

C025700390

Description

This exceptional 10,731 square foot retail building, constructed in 2007, is ideally situated in Collierville, Tennessee, at the intersection of Highway 385 and Houston Levee Road, offering unparalleled visibility and accessibility. The property boasts a prime location directly off the interstate, ensuring high traffic volume and excellent exposure to potential customers. Currently, there is one suite available, totaling 4,300 square feet, presenting a significant opportunity for a business seeking a prominent retail presence. The entire building comprises a single suite, offering flexibility and potential for customization. The building's location in Shelby County, Tennessee, within the thriving Collierville community, provides access to a strong consumer base and a robust local economy. The zip code is 38017. This property is classified as a commercial retail space with multiple tenancy potential. The building's size and location make it an attractive option for a variety of retail businesses seeking a high-profile location with significant visibility. The available space offers a blank canvas for a business to establish its brand and presence in a highly desirable area.

• CAP approach

  CAP return

  Valuation

  6%

  $2,272,866

  6.5%

  $2,098,030

  7%

  $1,948,170

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,108,204

  Geo Method

  $2,108,204

• Alternative Use

  Use

  Valuation

  Residential

  $1,769,766

  Hospitality

  $1,621,097

  Educational

  $1,348,733

  Medical

  $1,395,118

  Retail

  $2,098,030

Location Insight

City

Collierville

County

Shelby

State

Tennessee

Latitude

35.0246

Longitude

-89.722

CBSA code

32820

CBSA name

MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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