8985 U.S. 51 Hwy, Millington, TN 38053 - Commercial LAND FOR SALE


Millington, TN 38053 696,960 SF
$1,393,920 USD
901-758-5670
8985 U.S. 51 Hwy, Millington, TN 38053, Millington, TN for Sale
$1,393,920 USD
Commercial LAND - FOR SALE
1/4
696,960 SF

8985 U.S. 51 Hwy, Millington, TN 38053
Millington, TN 38053


HIGHLIGHTS

  • In the path of considerable commercial and residential development
  • 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

16 acres for commercial and residential development. Presently used for agri. Can be combined with adjoining 20 ac parcel to provide 36 acres Millington is booming with new commercial and residential development. it is expected to benefit from Ford's Blue Oval City and Elon Musk's xAI super computer (Memphis). Millington is home of Naval Air Training Center which has been converted to Navy's regional HR center with over 7,000 officer, enlisted and contract personnel. Millington's airport has an 8,000' runway with FBO and repair & maintenance service provider. The site is just north of new Forked River Commons retail development which includes TJ Maxx, Hobby Lobby, Aldi's, Burlington, Chipotle, Mattress Firm, Chicken Salad Chick, Longhorn SteakHouse, et al In OPPORTUNITY ZONE

FOR SALE DETAILS

PRICE

$1,393,920 USD

PRICE/ACRE

$87,120/AC

PRICE/SF

$2 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Mixed Use

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

ASK ABOUT THIS PROPERTY

Mack BrowderCrye-Leike CommercialMore Info
901-758-5670

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Mack BrowderCrye-Leike CommercialMore Info
901-758-5670

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.