A Premier Mixed-Use Development Opportunity

Swc Walnut Grove Rd & Houston Levee Rd, Cordova Tennessee, 38018

Listing ID: CL-Tennessee-27592 Commercial Commercial Land
Published on: Thursday, April 23, 2026 | Updated on: Thursday, April 23, 2026

Listing Summary

The Grove at Houston Levee: A Premier Mixed-Use Development Opportunity. Strategic Retail & Commercial Parcels at the Gateway of Cordova and Germantown

Full Description

Situated at the high-traffic southwest corner of Walnut Grove Road and Houston Levee Road, The Grove at Houston Levee is a visionary master-planned development designed to redefine the commercial landscape of Cordova, Tennessee. This expansive project seamlessly integrates high-density residential living with a vibrant retail corridor, creating a self-sustaining ecosystem and a premier destination for businesses and residents alike.

Strategic Retail & Commercial Highlights

This proposed development offers a rare opportunity for retailers and service providers to secure a foothold in one of the region's most desirable growth corridors.

  • 11 Prime Retail Parcels: Available for Sale or Lease, these versatile parcels are designed to accommodate a diverse range of tenants, from national anchors and "shadow-anchored" retail to boutique shops and signature dining.

  • Exceptional Traffic Exposure: The development sits at a command position with massive daily traffic counts:

    • Walnut Grove Road: 16,698 VPD (Annual Average Daily Traffic)

    • Houston Levee Road: 17,432 VPD

  • Unrivaled Regional Connectivity:

    • 6 Minutes to the bustling Germantown Parkway retail hub.

    • 13 Minutes to the I-269 Eastern Loop, providing effortless access to the greater Memphis metropolitan area and the Collierville corridor.

A Built-In Customer Base: Residential Density

The true value of The Grove lies in its integrated residential components, ensuring a constant, captive audience for on-site commercial tenants:

  • Sophisticated Apartment Living: Featuring 232± luxury units, providing a modern, high-density residential core.

  • Townhouse Community: A dedicated segment of 130± upscale townhouses, attracting young professionals and families.

  • Assisted Living Facility: A substantial 75,000± SF assisted living component, catering to a growing demographic with specific service and retail needs.

  • Synergy with Local Growth: The project is located near thriving new communities like Amherst, further increasing the immediate trade area's population and purchasing power.

Ideal Use Cases for Retail Parcels

The Grove is perfectly suited for a variety of commercial ventures looking for high visibility and a high-density neighbor:

  • Casual & Fine Dining: Capturing the evening and weekend traffic from the hundreds of on-site homes.

  • Professional & Medical Suites: Serving the residents of the assisted living facility and the broader Cordova community.

  • Boutique Retail & Service: Grocery stores, fitness centers, dry cleaners, and specialized boutiques that cater to the "live-work-play" lifestyle.

  • Hospitality: Capitalizing on the strategic location between major transit loops.

Property Specifications

  • Location: SWC of Walnut Grove Rd & Houston Levee Rd, Cordova, TN 38018

  • Property Type: Commercial Land / Mixed-Use Development

  • Availability: 11 Retail Parcels (For Sale or Lease)

  • Zoning: Optimized for Mixed-Use / Retail / Residential

  • Status: Proposed Development / Site Ready

The Grove at Houston Levee represents the future of suburban urbanism in Shelby County. By combining prime interstate-adjacent access with a dense, diverse residential population, this development offers businesses the unique opportunity to be part of a community from the ground up.


 

Quick Glance

  • Listing ID: CL-Tennessee-27592
  • Status: Active
  • Year Build: N/A
  • Building Size: N/A
  • Lot Size: N/A

Complete Details

  • Heating and Cooling: Not Specified

Pricing Details

Additional Features

Highlights
  • Proposed development offering 11 retail parcels For Sale or Lease
  • Residential properties to include Assisted Living (75,000± SF), Apartments (232± units) and Townhouses (130± units)
  • Approximately 6 minutes to Germantown Pkwy and 13 minutes to the eastern loop of I-269
  • Traffic Counts (AADT): Walnut Grove Rd 16,698 and Houston Levee Rd 17,432

Listing Location

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