8985 U.S. 51 Hwy, Millington, TN 38053 - Commercial LAND FOR SALE
Millington, TN 38053 | 696,960 SF
$1,393,920 USD
901-568-4444
8985 U.S. 51 Hwy, Millington, TN 38053
Millington, TN 38053
HIGHLIGHTS
- In the path of considerable commercial and residential development along high-traffic US Hwy 51
- May be combined with adjoining 20 ac to provide 36 ac tract
- US Hwy 51 carries 25,000 +/- vpd by this location
- IN OPPORTUNITY ZONE
- Sewer and water are convenient to site
- Pro-development City officials are easy to work with
OVERVIEW
Land for development with 400' frontage on high-traffic US Highway 51 close to recently completed Forked River Commons retail center that includes TJ Maxx, Hobby Lobby, Burlington, Aldi, Sketchers, LoneStar Steakhouse, Chicken Salad Chick, et al
One possible development schematic shows retail along the Hwy 51 frontage with residential behind
This 16-acre site could be combined with the adjoining 20-acre parcel to provide 36 acres. use as an office campus or office + light industrial might get approval
FOR SALE DETAILS
PRICE
$1,393,920 USD
PRICE/ACRE
$87,120/AC
PRICE/SF
$2 USD /SF
# OF LOTS
-
LAND DETAILS
PROPERTY NAME
8985 US Highway 51, Millington, TN
PROPERTY TYPE
Land
PROPERTY SUBTYPE
Commercial
LAND PROPOSED USE
Commercial, Mixed Use, Planned Unit Development
LAND ACRES
16 AC
LAND SF
696,960 SF
OFFSITE IMPROVEMENTS
Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation
ZONING
AG
APN/PARCEL ID
M0-105-0-0200
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901-568-4444
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901-568-4444
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