7900 Ikea WayMemphis, TN 38016

Property Details for 7900 Ikea Way

Lot size

5.00 AC

Property type

Other commercial real estate

Property subtype

Other land

Description

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.

Location Insight

City

Memphis

County

Shelby

State

Tennessee

Latitude

35.1894

Longitude

-89.8004

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