Technical
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Property profile

0 Macon Rd @ Country Vlg Dr Memphis, TN 38018

OFF-MARKET
Land
10.1 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 10.1 ac (439,956 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Macon Rd @ Country Vlg Dr Memphis, TN 38018
Memphis metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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