0 Bellevue Pkwy Memphis, TN 38016
This exceptional 1.927-acre commercial land parcel presents a remarkable investment opportunity in Cordova, Tennessee. Located on Bellevue Parkway, this highly visible lot enjoys a prime position within a thriving retail corridor. Its strategic location neighbors established businesses such as Cheddar's Scratch Kitchen and Wolfchase Toyota, ensuring high traffic and excellent brand exposure. The property's suitability for retail or restaurant development is further enhanced by its proximity to a dense population and significant vehicular traffic. Within a one-mile radius, a diverse range of national and local businesses operate, including Costco, Starbucks, Ikea, McDonald's, Wendy's, Kroger, Dollar Tree, The Home Depot, Nothing Bundt Cakes, and Pyro's Fire Fresh Pizza. This concentration of established businesses creates a synergistic environment, promising strong customer traffic and potential for significant returns. The property's accessibility and visibility make it an ideal location for a variety of commercial ventures, offering a unique chance to establish a presence in a bustling and successful retail hub. The single-tenancy nature of the land provides flexibility for development and customization. This is a rare opportunity to secure a highly desirable location in a rapidly growing area of Memphis. The property is situated in Memphis, Tennessee, with a zip code of 38016.
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
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.