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    Swc Walnut Grv Rd & Houston Levee Rd Cordova, TN 38018

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    For Sale
    Contact for pricing

    Prime Retail & Residential Opportunity in Cordova, TN

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial land development opportunity is located at the southwest corner of Walnut Grove Road and Houston Levee Road in Cordova, Tennessee, zip code 38018. The site presents a unique chance to acquire 11 retail parcels, available for sale or lease, within a larger mixed-use development. This proposed development also includes plans for a substantial assisted living facility (approximately 75,000 square feet), a significant apartment complex (approximately 232 units), and a townhouse community (approximately 130 units). The property benefits from a high-traffic location, with Walnut Grove Road boasting an average annual daily traffic (AADT) of 16,698 vehicles and Houston Levee Road showing an AADT of 17,432 vehicles. Its strategic location offers convenient access to major thoroughfares, being approximately 6 minutes from Germantown Parkway and 13 minutes from the eastern loop of Interstate 269. This presents a compelling investment opportunity with significant potential for long-term growth and high returns. The property is classified as commercial land and is situated in Shelby County. Detailed site plans and development specifications are available upon request. This is a rare chance to be part of a thriving community and a rapidly developing area.

    Property Features for 0 Swc Walnut Grv Rd & Houston Levee Rd

    General Information

    Property type
    Land

    HighLights

    • 11 retail parcels available for sale or lease in a mixed‑use development.
    • Proposed development includes a ~75,000 SF assisted living facility, ~232 apartment units, and ~130 townhouses.
    • Conveniently located 6 minutes from Germantown Parkway and 13 minutes from I‑269.
    • High traffic counts: Walnut Grove Road (AADT 16,698) and Houston Levee Road (AADT 17,432).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Cordova
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.7280566
    Latitude
    35.1294915

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    FAQs

    What type of property is this?
    Land - Prime Retail & Residential Opportunity in Cordova, TN
    Where is this land located?
    The property is located at Swc Walnut Grv Rd & Houston Levee Rd Cordova, TN.
    What are key features of this property?
    This property features: 11 retail parcels available for sale or lease in a mixed-use development.; Proposed development includes a ~75,000 SF assisted living facility, ~232 apartment units, and ~130 townhouses.; Conveniently located 6 minutes from Germantown Parkway and 13 minutes from I-269.
    Request Owner's contact information
    Swc Walnut Grv Rd & Houston Levee Rd Cordova, TN 38018
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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
    Swc Walnut Grv Rd & Houston Levee Rd Cordova, TN 38018
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