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    01 Sanders Store Rd Milan, TN 38358

    For Sale
    $440,000

    LAND - Milan, TN

    Lot size:
    28.43 Acres
    Days on Market:
    171
    Last Refresh:
    Dec 7 at 5:06 am

    Property Features for 01 Sanders Store Rd

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Vegetation
    Wooded
    APN
    140 023.01
    Lot size
    28.43 Acres

    Utilities

    Utilities
    Electricity Available
    Water source
    Private

    Southern Lifestyle Properties (731) 613-2354 [email protected]

    Listing agent Bradley V Arnold (731) 431-9479 License #277769

    Listing date Jun 20, 2025

    MLS# 2500824 Listing URL

    Copyright © 2025 Central West Tennessee Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Development Land in Milan

    This 28.43-acre property is located within the city limits of Milan. It offers opportunities for developers, investors, or those seeking a versatile piece of land. The property features cleared land and mature woodland, providing space for various uses, from residential development to private estates, agricultural ventures, or recreational use. The expansive cleared acreage offers potential for a planned housing community, whether for single-family homes, townhomes, or workforce housing, pending necessary zoning and municipal approvals. The wooded portion adds a natural buffer, creating opportunities for greenspaces, walking trails, or conservation areas that could enhance future development. With city utilities nearby, infrastructure expansion is feasible, making this an investment. Milan's continued growth and strong demand for housing add to this property's appeal, whether for development, investment, or creating a private retreat with space to expand.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Milan
    County
    Gibson
    State
    Tennessee
    Longitude
    -88.777279
    Latitude
    35.912644

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    FAQs

    What type of property is this?
    Land - 28.43 acres in Milan, TN, with development and investment potential.
    Where is this land located?
    The property is located at 01 Sanders Store Rd Milan, TN.
    What is the asking price?
    The asking price for this property is $440,000.
    What are key features of this property?
    This property features: - Large 28.43-acre tract within Milan city limits.; - Development potential for residential housing (single-family, townhomes, workforce housing).; - Cleared land and mature woodland offer versatile usage options.
    (731) 431-9479
    Request Owner's contact information
    01 Sanders Store Rd Milan, TN 38358
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    Milan, TN 38358
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    01 Sanders Store Rd Milan, TN 38358
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