Cordova, Tennessee: A Premier Destination for Commercial Real Estate

Introduction

Cordova, Tennessee, located in the metropolitan area of Memphis, is an emerging hub for commercial real estate (CRE) investors and professionals. This vibrant community offers a unique combination of economic growth, strategic location, and robust infrastructure, making it a valuable destination for various CRE opportunities. With a diverse economic base, Cordova is poised to support an array of industries, including logistics, healthcare, and retail, driving demand across multiple property types.

Economic and Industry Overview

Cordova's economy is bolstered by its proximity to Memphis, a major logistics and transportation center. Key industries include:

• Logistics and Distribution: As a crucial part of the Memphis metropolitan area, Cordova benefits from the region's reputation as a logistics hub, with demand for industrial and warehouse spaces.
• Healthcare: The presence of several healthcare facilities and research centers contributes to the demand for medical office buildings and related infrastructure.
• Retail: Cordova's growing population has led to an increase in retail developments to cater to local consumer needs.

Local economic development initiatives are supported by regional agencies like the Greater Memphis Chamber, which provides resources for business growth and development.

Strategic Location and Transportation Infrastructure

Cordova's strategic location is supported by a comprehensive transportation network:

• Highways: The area is well-connected by major highways, including Interstate 40, facilitating east-west travel and distribution.
• Airports: Proximity to Memphis International Airport, a major cargo hub, enhances the city's appeal for logistics operations.
• Rail Lines: Access to several major rail lines further supports the distribution and manufacturing sectors.

For more information, visit the Tennessee Department of Transportation.

Commercial Real Estate Inventory & Zoning

Cordova offers a diverse array of commercial real estate options:

• Submarkets: The city features several key submarkets, including retail corridors, industrial parks, and innovation districts.
• Asset Classes: Available property types include industrial, retail, office, and medical spaces, with zoning ordinances supporting mixed-use developments.
• Zoning Changes: The city actively revises zoning overlays to encourage new development and investment.

Access Cordova's zoning maps and parcel viewers for detailed information.

Major Employers and Institutions

Cordova's commercial real estate landscape is influenced by prominent employers and institutions:

• Top Employers: The area is home to significant logistics companies and healthcare providers.
• Educational Institutions: Proximity to universities and research centers, such as the University of Memphis, fuels demand for office and research spaces.

Explore local business directories via the Memphis Economic Development website.

Notable Commercial Developments & Projects

Cordova is witnessing several large-scale development projects:

• Mixed-Use Developments: New projects are integrating residential, commercial, and retail spaces to create dynamic urban environments.
• Opportunity Zones: Designated Opportunity Zones offer tax incentives for investors, promoting economic revitalization.

Visit the Cordova Planning Department for approved site maps and development details.

Building Permits, Planning, and Development Tools

For developers and investors, Cordova provides comprehensive resources:

• Building and Safety Department
• Permitting Portal
• Parcel Map Viewer / GIS
• Planning Commission
• Development Code

Market Data & Economic Reports

Cordova's market data is supported by various public datasets:

• Census.gov
• City’s Open Data Portal
• Economic impact reports from the Memphis Economic Development.

Brevitas leverages AI-powered aggregation to provide comprehensive market insights. Explore our Brevitas-powered dashboards for detailed analytics.

Why Use Brevitas for Cordova, Tennessee CRE?

Brevitas enhances your CRE experience in Cordova through:

• AI-Driven Discovery: Access real-time market alerts and smart property pages.
• Collaboration Tools: Benefit from dealroom collaboration with brokers and developers.
• Exclusive Listings: Gain premium exposure with auto-generated listing pages and integrated email tools.

Harness Brevitas for your commercial real estate needs in Cordova, Tennessee, and unlock premium opportunities in this dynamic market.