0 Macon Rd @ Country Vlg Dr Memphis, TN 38018
This exceptional 10.1-acre commercial land parcel presents a remarkable investment opportunity in the thriving Cordova, Tennessee market. Situated at the highly visible intersection of Macon Road and Country Village Drive, this property benefits from exceptional visibility and accessibility. The site boasts a prominent 100-foot flagpole, serving as a significant landmark and enhancing its recognition. Additional visibility is provided by Germantown Parkway signage. The property's location within the bustling Cordova retail area ensures high traffic counts and exposure to a substantial consumer base. The area is characterized by strong demographics and high household incomes, creating a favorable environment for a wide range of commercial developments. This expansive lot offers significant potential for various commercial uses, making it an ideal investment for developers seeking a prime location in a rapidly growing market. The asking price is $3,354,000. The property is zoned for commercial and multifamily uses, offering flexibility for diverse development plans. The address is Macon Rd @ Country Village Dr., Cordova, TN 38018. This is a rare opportunity to acquire a substantial land parcel in a prime retail corridor.
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
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No recorded transactions found for this property.
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Risks
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