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0 Appling Rd
Cordova, TN 38018 Cordova

$725,000 USD

Land For Sale  •  3.02 AC

Property Details

  • Property Type Land
  • Lot Size 3.02 AC
  • Zoning RU-3
0 Transit Score
30 Walk Score

Description

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

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

Public Transportation

AirportDriveWalkDistance
Memphis International 29 min - 18.0 mi
Mohamed Eldahan 901-338-2685 Smn inc
Mohamed Eldahan 901-338-2685 Smn inc