10.77 AcresMultifamily Development and residential opportunity With 1088 ft Frontage on Sanga Rd with Several access points to neighborhood and boasts option for division into several lots, near to elementary and historical notable Cordova city. Accommodate both commercial and residential visionary interests.
Vacant landProperty Type
10.77 acresLot Size
$111,421Price/Acres
Listed by Nataraja Krishnaraju• Crye-Leike, Inc., REALTORS
Alliance of Cordova Neighborhoods, located between Germantown Parkway and the Wolf River Greenway, is a suburban and commercial Memphis neighborhood with big-box corridors and pocket parks. The area’s energy concentrates at Germantown Pkwy and N Houston Levee Rd, where shopping plazas, casual eateries, and service storefronts line wide boulevards. Shelby Farms Park and the Wolf River Greenway set an outdoors-forward rhythm with long paved trails and open fields. Cordova’s housing stock mixes late-20th-century subdivisions with newer townhome clusters and landscaped cul-de-sacs. The Cordova Community Center adds courts and programs that shape daily routines. Local staples such as The Beauty Shop Restaurant and Crosstown Brewing Company anchor nearby nights out beyond the retail strip.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Level, wooded topography
Exterior features
Approximately 10.77 acres
Regular-shaped, corner parcel
Wooded lot
No improvements on the land
Road frontage noted as 'Other (See Remarks)'
Directions: From intersection of Poplar Ave and Germantown Rd head north on Germantown Rd, left on Trinity Rd, right on N Walnut Bend Rd, right on Thor Rd—the property is on the right near the intersection of Thor Rd and Sanga Rd
Home design
Land property
Present structure: residence in need of repair
Construction
Zoned Cl
Utilities
Electricity available
Public water
Public sewer
Financial info
New financing options include Conventional and Other (see remarks)
Other
Adjacent areas zoned commercial and multi-family; adjacent uses include commercial, multi-family and residential
Electricity and solar
View estimated energy costs and solar savings for this home
Memphis Area Association of Realtors(R) MLS #10210317
Jul 15, 2026
Price Changed
$1,200,000
Mar 9, 2026
Price Changed
$1,225,000
Nov 23, 2025
Listed
$1,250,000
Memphis Area Association of Realtors(R) MLS #10113803
Feb 10, 2022
Sold
$515,000
Dec 6, 2021
Listed
$600,000
+16
INCOME PRODUCING POTENTIAL!! Multi-family development & residential opportunity w/ 1,086 ft frontage on Sanga RD w/ several access points to neighborhood & boasts option for division into several lots w/ immediate convenience to Cordova Elem. & historically notable Cordova. Accommodates both commercial & residential visionary interests. Farm animals allowed! New HVAC, ducts, wood floors, wiring, water heater, w/ updated downstairs bath & open concept kitchen. Snag this jewel quickly!
Memphis Area Association of Realtors(R) MLS #1
Aug 4, 2016
Price Changed
$199,900
Memphis Area Association of Realtors(R) MLS #3192419
Sep 19, 2013
Sold
$158,000
Feb 24, 2010
Listed
$174,900
Year
Property tax
Land + Additions
Assessment*
2025
$6,743 (−0.4%)
$73,600 + $54,325
$127,925
2024
$6,768 (+8.1%)
$73,600 + $54,325
$127,925
2023
$6,261
$67,200 + $35,575
$102,775
2022
$6,261 (+12.5%)
$67,200 + $35,575
$102,775
2021
$5,565 (+19.3%)
$67,200 + $35,575
$102,775
2020
$4,666
$67,200 + $23,100
$90,300
2019
$4,666
$54,375 + $10,025
$64,400
2018
$4,666 (+76.3%)
$54,375 + $10,025
$64,400
2017
$2,647 (−12.6%)
$54,375 + $10,025
$64,400
2016
$3,030
$54,375 + $10,025
$64,400
2014
$3,030
$54,375 + $14,975
$69,350
Public record
Public record
Zoning
Beds
3
Baths
2
Stories
1.2
Lot width
—
Lot depth
—
Lot size
10.77 Acres
Year renovated
1999
Finished Sq. Ft.
2,434
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,434
Year built
1913
Style
Single Family Residential
County
Shelby County
APN
091053 00005
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 13, 2026.
CA
Conservation Agriculture District
The CA District is intended to conserve agricultural land and undeveloped natural amenities while preventing the encroachment of incompatible land uses on farm land and other undeveloped areas. The types, area and intensity of land uses in this district are designed to encourage and protect agricultural uses and the conservation of undeveloped areas.
Permitted uses
Include but are not limited to:
Equestrian facility
Religious facility
Housing-Senior
Infrastructure
Educational/school
Fire house
Police station
Recreation
Housing-Mobile home park
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
6 days above 109° expected this year, 17 days in 30 years
4/10 Wind Factor
17% chance of strong winds in next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Cordova, TN • 38018
Average low and high temperatures (°F)
47
30
57
37
71
50
77
57
78
62
88
71
92
76
88
70
85
66
77
55
65
48
54
39
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
94/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 29% for direct sun exposure in the zip code. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10 hrs
6.6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 8727 Thor Rd
$1,069,974
$130K under list price of $1.20M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $298K to $413K.