0 Swc Walnut Grv Rd & Houston Levee Rd Cordova, TN 38018
This exceptional commercial land development opportunity is located at the southwest corner of Walnut Grove Road and Houston Levee Road in Cordova, Tennessee, zip code 38018. The site presents a unique chance to acquire 11 retail parcels, available for sale or lease, within a larger mixed-use development. This proposed development also includes plans for a substantial assisted living facility (approximately 75,000 square feet), a significant apartment complex (approximately 232 units), and a townhouse community (approximately 130 units). The property benefits from a high-traffic location, with Walnut Grove Road boasting an average annual daily traffic (AADT) of 16,698 vehicles and Houston Levee Road showing an AADT of 17,432 vehicles. Its strategic location offers convenient access to major thoroughfares, being approximately 6 minutes from Germantown Parkway and 13 minutes from the eastern loop of Interstate 269. This presents a compelling investment opportunity with significant potential for long-term growth and high returns. The property is classified as commercial land and is situated in Shelby County. Detailed site plans and development specifications are available upon request. This is a rare chance to be part of a thriving community and a rapidly developing area.
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
Similar Nearby for Sale
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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.