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Property profile & analytics
OFF-MARKET
Land

0 New Dexter Rd Cordova, TN 38016

4.25 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 4.25 ac (185,261 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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