This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
8901 US Highway 51 N
20.49 Acres of Commercial Land Offered at $2,510,551 CAD in Millington, TN 38053
Investment Highlights
- In the path of considerable commercial development; may be combined with adjoining 16 ac to provide 36 ac tract
- Pro development City officials are easy to work with
- Sewer and water are convenient
- US Hwy 51 carries 25,000+/- vehicles per day by this location
- 500' front x 1,750' deep configuration allows for options in development plan; adjoining 16 ac has 400' frontage
- In OPPORTUNITY ZONE
Executive Summary
Just north of significant new retail development including TJ Maxx, Hobby Lobby, Aldi's, Burlington, Chipotle, Dollar Tree, Mattress Firm, Chicken Salad Chic, LongHorn SteakHouse, et al
In OPPORTUNITY ZONE which offers considerable potential tax benefits
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual (CAD) | Annual Per AC (CAD) |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2024) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
Property Facts
| Price | $2,510,551 CAD | Property Subtype | Commercial |
| Sale Type | Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 20.49 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Price | $2,510,551 CAD |
| Sale Type | Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 20.49 AC |
| Opportunity Zone |
Yes |
1 Lot Available
Lot 1
| Price | $2,510,551 CAD | Lot Size | 20.49 AC |
| Price Per AC | $122,526 CAD |
| Price | $2,510,551 CAD |
| Price Per AC | $122,526 CAD |
| Lot Size | 20.49 AC |
20 ac level land ready for development. 500' frontage on US Hwy 51; approx 1,750' depth Can be combined with adjacent 16 ac to provide 36 ac tract Across US Hwy 51 from Homer Skelton Ford dealership and Hampton Inn OPPORTUNITY ZONE
Description
20.49 ac on the northern fringe of significant new commercial development. it is expected that development will continue in the direction of this site. Presently used for agri purposes. Sewer and water are convenient to site May be combined with adjoining 16 acres to provide 36 ac tract. Millington is booming with new commercial and residential development. it is expected to benefit from Ford's Blue Oval City and Elon Musk's 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. The airport has 8,000' runway with FBO and repair & maintenance services provider. This site is just north of Forked River Commons retail center that includes TJ Maxx, Hobby Lobby, Aldi, Burlington, LongHorn SteakHouse, et al. in OPPORTUNITY ZONE....
-
Mack Browder -
Crye-Leike Commercial
Presented by
8901 US Highway 51 N
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.