0 Highway 51 | Millington, TN 38053
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0 Highway 51
Millington, TN 38053
Highway 51 North and 385 Corner - Millington · Land For Sale · 7.31 AC
Executive Summary
Cushman & Wakefield is pleased to offer this prime commercial land opportunity, spanning approximately 7.31 acres. This offering features 441 feet of frontage on US Highway 51, a major thoroughfare with a daily traffic count of 20,324 vehicles, ensuring excellent visibility. Additionally, the property is conveniently located less than a mile from Interstate 385, which sees 14,048 vehicles per day, further enhancing its accessibility.
Zoned B-2, the land is well-suited for various commercial developments, benefiting from its proximity to the USA Baseball Stadium Complex, a local landmark. The surrounding area boasts strong demographics, with a population of nearly 2,000 people within a 1-mile radius, expanding to over 12,000 within 5 miles. Average household incomes range from $64,262 to $83,064, indicating a stable and potentially lucrative market for retail or service-based businesses.
With its strategic location, ample acreage, and favorable demographic profile, this property represents a valuable investment opportunity in a growing area of Millington, TN.
Zoned B-2, the land is well-suited for various commercial developments, benefiting from its proximity to the USA Baseball Stadium Complex, a local landmark. The surrounding area boasts strong demographics, with a population of nearly 2,000 people within a 1-mile radius, expanding to over 12,000 within 5 miles. Average household incomes range from $64,262 to $83,064, indicating a stable and potentially lucrative market for retail or service-based businesses.
With its strategic location, ample acreage, and favorable demographic profile, this property represents a valuable investment opportunity in a growing area of Millington, TN.
PROPERTY FACTS
Sale Type | Investment | Proposed Use | Commercial |
No. Lots | 1 | Total Lot Size | 7.31 AC |
Property Type | Land | Opportunity Zone |
Yes
|
Property Subtype | Commercial |
Sale Type | Investment |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Commercial |
Proposed Use | Commercial |
Total Lot Size | 7.31 AC |
Opportunity Zone |
Yes |
1 Lot Available
Lot
Lot Size | 7.31 AC |
Lot Size | 7.31 AC |
• 441 +/- feet of Hwy 51 Frontage • Less than a mile from I-385 • Close proximity to the USA BaseballStadium Complex • Zoned B-2 • US Hwy 51 – 20,324 VPD • I-385 – 14,048 VPD
zoning
Zoning Code | B-2 |
B-2 |
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