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Cordova Development Opportunity For Sale
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SWC Walnut Grove Rd & Houston Levee Rd, Cordova, TN 38018

New development with retail and residential opportunities in Cordova, Tennessee.

Days on Market249

Property Features for SWC Walnut Grove Rd & Houston Levee Rd

General Information

Standard status Active
Property subtype Land, Outparcel, or Pad
Listing Agency: The Shopping Center Group | Memphis
Listed By: Shawn Massey, CCIM, CRRP, ALC · License #297139
Source: Tscg
Added: Nov 25, 2025 Changed: Jul 10 Last Checked: Jul 31 at 6:05AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Shopping Center Group | Memphis

Investment Insights

Based on property information with market context.

This new development is located on the southwest corner of Walnut Grove Road and Houston Levee Road in Cordova, Tennessee. The proposed development offers retail parcels for sale or lease. Two retail buildings are currently under construction with space available for lease. Residential properties are planned, including an assisted living facility of approximately 75,000 square feet, apartments with approximately 232 units, and townhouses with approximately 130 units. The location is approximately 6 minutes from Germantown Parkway and 13 minutes from the eastern loop of I-269. Traffic counts are 16,698 AADT on Walnut Grove Road and 17,432 AADT on Houston Levee Road.

Key Highlights

  • New development in Cordova, Tennessee, at Walnut Grove and Houston Levee Road.
  • Retail parcels are available For Sale or Lease.
  • Two retail buildings under construction with space available For Lease.

Property Analytics

Current Use

Shopping centers

Location Intelligence

Trade Area within ½ mile

105
Businesses Nearby
Under-served
Demand for This Use

Demographics for 38018, TN

37,086
Population
15,110
Households
2.5
Avg Household Size
38
Median Age
46%
College-Educated
94%
High-School Grad
18.7 sq mi
ZIP Area
1,983
Density / Sq Mi
$89,627
Median Household Income
$47,813
Median Earnings
$1,594
Median Rent
$255,300
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Shopping center - New development with retail and residential opportunities in Cordova, Tennessee.
Where is this shopping center located?
The property is located at SWC Walnut Grove Rd & Houston Levee Rd Cordova, TN.
What are key features of this property?
This property features: New development in Cordova, Tennessee, at Walnut Grove and Houston Levee Road.; Retail parcels are available For Sale or Lease.; Two retail buildings under construction with space available For Lease.
More about this property
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