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

    For Lease
    Contact for pricing

    Prime Cordova location, single-tenant land.

    Lot size:
    1 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 1-square-foot commercial land parcel presents a unique investment opportunity in the thriving Cordova area of Memphis, Tennessee. Situated at the southwest corner of Walnut Grove Road and Houston Levee Road, this property benefits from high visibility and convenient access to major thoroughfares. The single-tenant nature of the land offers flexibility for development tailored to specific business needs. Located in Shelby County, this site is ideal for developers seeking a strategic location within a rapidly growing commercial corridor. The address is easily accessible and boasts excellent visibility for any future business. This is a blank canvas for a new commercial development, offering the chance to create a bespoke property in a prime location. The 1 square foot lot size indicates a potential for a smaller-scale commercial project, perhaps a kiosk, small office, or similar venture. Given its location at a major intersection, the property is well-suited for businesses that benefit from high traffic visibility. Further investigation into zoning regulations and development possibilities is recommended to fully assess the potential of this unique opportunity. The property's location in Cordova, a rapidly developing area of Memphis, suggests strong potential for future appreciation. This is a rare chance to acquire a strategically located commercial land parcel in a high-growth area.

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

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    1 SF

    HighLights

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

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.7280566
    Latitude
    35.1294915

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    FAQs

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