Listing Agency: CBRE | Akron Show Phone

Listed By: Thomas Flynn Show Phone

Source: Moodyscre

Added: Sep 18, 2024 Changed: Oct 9 Last Checked: Oct 23 at 7:10AM

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Investment Insights

Based on property information with market context.

This property presents an excellent development opportunity in the Cordova–Wolfchase area. The site benefits from the proximity of numerous national retailers, restaurants, and hotels. It features excellent visibility from I-40. Access to the site is available along IKEA Way, with a signalized intersection at N Germantown Parkway. N Germantown Parkway is a highly trafficked north-south thoroughfare connecting Cordova and Wolfchase. Furthermore, a 170-acre residential development is planned at Colonial Country Club, located just minutes from the site.

Key Highlights

• Excellent visibility from I‑40
• Access via signalized intersection at N Germantown Pkwy and IKEA Way
• High traffic location on N Germantown Pkwy

Property Analytics

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Auto Parts Store Plumbing Service Building Supply Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

63

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Frequently Asked Questions

What type of property is this?

Land - Development land with excellent visibility and access near retailers.

Where is this land located?

The property is located at 7900 Ikea Way Memphis, TN.

What are key features of this property?

This property features: Excellent visibility from I‑40; Access via signalized intersection at N Germantown Pkwy and IKEA Way; High traffic location on N Germantown Pkwy