8466 Macon Rd Memphis, TN 38018
- Office Properties & Spaces
- 2,000 SF
Current Use by Public Records
- Office Properties & Spaces
Property Details for 8466 Macon Rd
- Year built
- 1961
- Property size
- 2,000 SF
- Property type
- Office Properties & Spaces
- Property subtype
- Office space
Description
This exceptional 4.3-acre property at 8466 Macon Road in Cordova, Tennessee, presents a unique investment opportunity. Zoned RW, it offers diverse development potential, including office, retail, sales, services, and even a nursing home. The asking price is $1,400,000. The existing structures include a 1,200 square foot home with a 1,200 square foot basement, and a 900 square foot shop equipped with power and water – ideal for immediate income generation or temporary use during redevelopment. The property boasts a highly desirable location, situated within walking distance of the Shelby Farms Greenline, ensuring high visibility and accessibility. The site benefits from its placement at an extremely busy intersection, promising significant foot and vehicle traffic. The office space itself ranges from 2,000 to 2,500 square feet, spread across a single-story building constructed in 1961. This versatile property is perfect for an investor seeking a blend of immediate return and long-term development potential in a thriving Memphis suburb. The property is classified as both Creative and Traditional Office space, offering flexibility for various business needs. Located in Shelby County, Tennessee, with a zip code of 38018, this property offers a compelling combination of existing assets and future growth opportunities.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Memphis
- County
- Shelby
- State
- Tennessee
- Longitude
- -89.7808
- Latitude
- 35.1571
