ABSOLUTE REAL ESTATE AUCTION: 3.51 Acres Prime Commercial Land in Cordova, TN
ABSOLUTE REAL ESTATE AUCTION: 3.51 Acres Prime Commercial Land at the intersection of Macon Road & Cully Road in Cordova, TN
LOCATION
📍8307 Macon Road, Cordova, TN 38018
📅 AUCTION DATES
Bidding Opens: April 16
Starts to Close: April 30 @ 2pm (CDT)
🔍 OPEN HOUSE
April 23 @ 10AM-3PM (CDT)
💰 PAYMENT DETAILS
Buyer’s Premium: 10%
Rare opportunity to purchase 3.51± acres of commercially zoned land in the desirable Cordova area of Memphis, TN. Zoned OG (Office General), this versatile property is well-suited for office complexes, medical use, or other professional developments. Located near established residential neighborhoods, retail centers, and major roadways, the property benefits from strong visibility and accessibility. Ideal for developers, investors, or end-users looking to establish a presence in a thriving market.
Founded in 1946, Rentenbach Properties provided general contracting, design/build, and construction management services for a wide variety of commercial and institutional projects. This property was purchased in 2001 to become their West Tennessee office location. The company sold before they were able to build and has subsequently become surplus to their needs.
Pre-auction offers considered. Contact Chuck Fisher at (865) 310-3204.
PROPERTY DOCUMENTS
ONLINE BIDDING
Plan to create your account and/or sign in to hibid.com well before the auction start time to ensure your bidding access. To avoid any internet lags, we suggest you place your maximum bid and allow the computer to bid for you. Furrow Auction Company is NOT responsible for any computer issues or malfunctions.
UTILITY PROVIDERS
Electric: Memphis Light, Gas & Water
Water: Memphis Light, Gas & Water
Natural Gas: Memphis Light, Gas & Water
Sewer: City of Memphis Public Works
REAL ESTATE TAXES
Shelby County: $2,996
City of Memphis: $2,874
ZONING
O-G (Office General)
🗎 AUCTION TERMS & CONDITIONS
All Bidders and other persons participating in this sale agree that they have read and have full knowledge of the auction terms and conditions and agree to be bound thereby.
The winning bidder will deposit 10% of the purchase price (including Buyer’s Premium) DUE SALE DAY immediately at the conclusion of auction in the form of Wire, cashier’s check, personal or company check, plus a real estate sales contract must be signed. Balance is due in certified funds at closing. CLOSING MUST OCCUR WITHIN 30 DAYS OF SALE DATE, NO EXTENSIONS.
Samuel J. Furrow, TN PBL #26 | TN RE Lic #1164
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