0 Appling Rd - Commercial LAND FOR SALE


Cordova, TN 38018 131,551 SF
$725,000 USD
901-338-2685
0 Appling Rd, Cordova, TN for Sale
$725,000 USD
Commercial LAND - FOR SALE
1/2
131,551 SF

0 Appling Rd
Cordova, TN 38018


HIGHLIGHTS

  • Fully Entitled 36-Unit Multifamily Development Opportunity
  • Approved for 36 apartment residences across three 2-story buildings
  • PD RU-3 zoning with multifamily use
  • Shovel-ready opportunity designed to significantly reduce a buyer’s predevelopment timeline
  • Convenient Appling Road location with access to the greater Memphis market
  • Civil, architectural, structural and MEP plans completed Transferable plans/approvals Utility availability confirmed

OVERVIEW

The property consists of approximately 3.019 acres with approved plans for 36 apartment homes in three attractive two-story residential buildings. The approved unit mix includes 24 one-bedroom units and 12 two-bedroom units, offering spacious floor plans designed to appeal to today’s renters. All major entitlement work has been completed, including site planning, civil engineering, architectural plans, and development approvals, allowing a developer to move directly toward construction while avoiding the time, cost, and uncertainty of the entitlement process. Ideally located along Appling Road with convenient access to Interstate 40, Germantown Parkway, Wolfchase, major employers, retail, dining, and healthcare, the property benefits from one of the strongest residential corridors in the Memphis metropolitan area. Property Highlights 3.019± Acres Fully Entitled & Pending Permit-Approval Approved for 36 Apartment Units Three Two-Story Residential Buildings 24 One-Bedroom / 12 Two-Bedroom Units 69 Parking Spaces Transferable Development Plans Utilities Available Excellent Access to I-40 and Germantown Parkway Located in the Growing Cordova Submarket

FOR SALE DETAILS

PRICE

$725,000 USD

PRICE/ACRE

$240,066/AC

PRICE/SF

$6 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Lofts @ Cordova Club

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Multi-Family, Apartment Units

LAND ACRES

3.02 AC

LAND SF

131,551 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

RU-3

APN/PARCEL ID

D0214 00579

ASK ABOUT THIS PROPERTY

Mohamed EldahanSmn incMore Info
901-338-2685

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Mohamed EldahanSmn incMore Info
901-338-2685

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.