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7900 Ikea WayMemphis, TN 38016

Prime Cordova location, high visibility, excellent development potential.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 5-acre commercial land parcel presents a remarkable development opportunity in Memphis, Tennessee's thriving Cordova-Wolfchase area. Located at 7900 Ikea Way, this property boasts unparalleled visibility from Interstate 40, ensuring maximum exposure for any future development. Access is conveniently provided via Ikea Way, featuring a signalized intersection at the heavily trafficked North Germantown Parkway, a key north-south thoroughfare connecting Cordova and Wolfchase. The site benefits from its proximity to a multitude of established national retailers, restaurants, and hotels, creating a vibrant and desirable commercial environment. Further enhancing its appeal is the planned 170-acre residential development at the nearby Colonial Country Club, promising increased residential density and consumer traffic in the immediate vicinity. This strategic location, coupled with its significant size and accessibility, makes this 5-acre parcel an ideal investment for developers seeking a high-impact commercial project in a rapidly growing area of Memphis. The property is zoned for commercial use (verification required) and is situated in Shelby County, Tennessee, zip code 38016. This is a rare opportunity to acquire a prime commercial land parcel in a highly sought-after location.

Highlights

  • 5-acre commercial land parcel in Memphis, TN's Cordova-Wolfchase area.
  • Exceptional Interstate 40 visibility at 7900 Ikea Way.
  • Signalized intersection access via Ikea Way and North Germantown Parkway.
  • Proximity to national retailers, restaurants, and hotels.
  • Adjacent to planned 170-acre residential development.
  • Zoned commercial (verification required), Shelby County, TN, 38016.

Property Details for 7900 Ikea Way

Property type
Land
Lot Size (sq. ft)
217,800 SF

Location Insight

City
Memphis
County
Shelby
State
Tennessee
Latitude
35.189434196057
Longitude
-89.800444438558
7900 Ikea Way, Memphis, Tennessee

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7900 Ikea Way
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