0 Macon Rd And Cordova Sta Rd Memphis, TN 38018
This exceptional 10.1-acre commercial land parcel presents a rare development opportunity in the highly desirable Germantown Parkway corridor of Memphis, Tennessee. Situated at the intersection of Macon Road and Cordova Station Road, this property boasts significant frontage: 700 feet along Macon Road and 300 feet along Cordova Station Road, ensuring high visibility and accessibility. The site is zoned CMU-1, allowing for a diverse range of development options, including retail, office, mixed-use projects, assisted living facilities, condominiums, and apartments. All utilities are conveniently located within the right-of-way, simplifying infrastructure development and reducing project costs. This is one of the last remaining undeveloped parcels in this thriving area, making it an exceptional investment opportunity for developers seeking a prime location with significant development potential. The property is located in Shelby County, Memphis, TN, zip code 38018. Its strategic location offers easy access to major transportation routes and a strong local market. This is a unique chance to acquire a substantial tract of land in a rapidly growing area of Memphis.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.