10111 Houston Levee Rd. Canada Rd And Cobb RdMemphis, TN 38016

Property Details for 10111 Houston Levee Rd. Canada Rd And Cobb Rd

Lot size

15.00 AC

Property type

Other commercial real estate

Property subtype

Other land

Description

This exceptional 15-acre commercial land parcel presents a remarkable investment opportunity in Cordova, Tennessee. Strategically located along Highway 64, this property boasts 710 feet of highway frontage, ensuring high visibility and accessibility. Zoned PUD, it offers considerable flexibility for a variety of commercial developments, including multi-family, industrial, self-storage, office complexes, or retail centers. City water, sewer, and utilities are readily available, simplifying the development process. The property's prime location within the Highway 64 retail corridor places it minutes from Lakeland, Bartlett, Arlington, and Oakland, providing convenient access to a substantial consumer base. Its proximity to major interchanges—4 miles to I-269/Highway 64 and 2.5 miles to I-40/Highway 64—further enhances its strategic value. Additionally, the site is a convenient 25-minute drive to the new plant in Stanton, TN. The asking price is $3,593,700, translating to a land value of $5.50 per square foot. Development options include subdividing, ground leasing, and build-to-suit arrangements. Don't miss this chance to acquire a highly visible and versatile commercial property in a rapidly growing area. This is a truly exceptional opportunity for significant commercial development and long-term investment potential.

Location Insight

City

Memphis

County

Shelby

State

Tennessee

Latitude

35.2027

Longitude

-89.7204

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