0 New Dexter Rd Cordova, TN 38016
This exceptional 4.253-acre commercial land parcel presents a unique investment opportunity in Cordova, Tennessee. Strategically located on New Dexter Rd, in Shelby County (zip code 38016), this property boasts approximately 600 feet of road frontage. The C-P Planned Commercial (CMU-2) zoning allows for a wide range of development possibilities, including but not limited to retail, medical facilities, office spaces, restaurants, nursing homes or assisted living facilities, and townhouses. Its prime location benefits from significant traffic volume, with Germantown Parkway exhibiting an average annual daily traffic (AADT) of 44,610 vehicles and Dexter Road showing an AADT of 20,394 vehicles. This high visibility ensures excellent exposure for any commercial venture. The property's size and zoning flexibility make it ideal for a variety of development projects, catering to diverse business needs and maximizing investment potential. This is a rare opportunity to acquire a substantial commercial land parcel in a thriving area with strong infrastructure and high traffic counts. Detailed zoning information and permitted uses are available upon request.
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
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.