Technical
Financial
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Property profile

0 Macon Rd And Cordova Sta Rd Memphis, TN 38018

OFF-MARKET
Land
10.1 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 10.1 ac (439,956 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Macon Rd And Cordova Sta Rd Memphis, TN 38018
Memphis metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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