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253 Houston Levee Road Rd - Grays Creek Commercial Outparcels 2.12 Acres of Commercial Land Offered at $2,770,416 in Cordova, TN 38018
Executive Summary
There are 10 lots for sale: 5 on Houston Levee, including Lots 1-4 & the hard corner Lot 6, & there are 5 on Walnut Grove Rd, Lots 1-5 not including the hard corner. Lot 6 is priced at $30/sf and all the other lots are priced at $20/sf. This is a hot growth area with many multi million dollar homes, 300 existing aparments on site, with nearly 8,100 new residential units coming soon to this intersection with many other residential developments happening in the very affluent surrounding area.
Taxes & Operating Expenses (Actual - 2025) Click Here to Access |
Annual | Annual Per AC |
|---|---|---|
| Taxes |
-
|
-
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| Operating Expenses |
-
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-
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
Property Facts
| Price | $2,770,416 | Property Subtype | Commercial |
| Sale Type | Owner User | Total Lot Size | 102.19 AC |
| No. Lots | 1 | Cross Streets | Walnut Grove Rd |
| Property Type | Land | ||
| Zoning | CMU-3 - Commercial Mixed Use -3, the former CH Highway Commercial zoning in Shelby County TN. It allows more commercial uses than any other comm. zoning. | ||
| Price | $2,770,416 |
| Sale Type | Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 102.19 AC |
| Cross Streets | Walnut Grove Rd |
| Zoning | CMU-3 - Commercial Mixed Use -3, the former CH Highway Commercial zoning in Shelby County TN. It allows more commercial uses than any other comm. zoning. |
1 Lot Available
Lot 6
| Price | $2,770,416 | Lot Size | 2.12 AC |
| Price Per AC | $1,306,800.00 |
| Price | $2,770,416 |
| Price Per AC | $1,306,800.00 |
| Lot Size | 2.12 AC |
The NW corner of Houston Levee & Walnut Grove Rd & 9 other CMU-3 lots for sale totaling almost 12 acres. Adjacent to 300 existing apartments, with 310 more apartments & 100 townhomes coming soon .
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | D0-215-0-0073C | Improvements Assessment | $0 |
| Land Assessment | $950,150 | Total Assessment | $950,150 |
Property Taxes
Parcel Number
D0-215-0-0073C
Land Assessment
$950,150
Improvements Assessment
$0
Total Assessment
$950,150
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253 Houston Levee Road Rd - Grays Creek Commercial Outparcels
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