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0 N Highway 51
Millington, TN 38053
Highway 51 North and 385 Corner · Land For Sale
·
5.11 AC


EXECUTIVE SUMMARY
Cushman & Wakefield is pleased to offer this prime commercial land opportunity, spanning approximately 7.31 acres (split into two parcels: 2.1987 AC and 5.1144 AC). 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 | 5.11 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Commercial | ||
| Zoning | B-2 | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 5.11 AC |
| Opportunity Zone |
Yes |
| Zoning | B-2 |
1 LOT AVAILABLE
Lot
| Lot Size | 5.11 AC |
| Lot Size | 5.11 AC |
• 441 +/- feet of Hwy 51 Frontage • Less than a mile from I-385 • Close proximity to the USA Baseball Stadium Complex • Zoned B-2 • US Hwy 51 – 20,324 VPD • I-385 – 14,048 VPD
PROPERTY TAXES
| Parcel Number | M0-115-0-0973 | Improvements Assessment | $0 CAD |
| Land Assessment | $190,197 CAD | Total Assessment | $190,197 CAD |
PROPERTY TAXES
Parcel Number
M0-115-0-0973
Land Assessment
$190,197 CAD
Improvements Assessment
$0 CAD
Total Assessment
$190,197 CAD
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