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Land with Existing Structures, Milan
For Sale
$1,700,000
Pending

12533 S 1st St, Milan, TN 38358

LAND - Milan, TN

Lot Size5.50 Acres
Days on Market990

Property Features for 12533 S 1st St

General Information

Property type Land
Property subtype Other
Zoning description commercial
Lot features Split Possible
Directions From the intersection of Hwy 45 and Hwy 79 in Milan (Burger King). Proceed north on Hwy 45 (S First Street) appx 2 mi, property will be on right.
Standard status Pending
APN Multiple Parcel
Lot size 5.50 Acres

Utilities

Utilities Natural Gas Available
Listing Agency: Hickman Realty Group Inc.-Jack
Listed By: David W. Nelson · License #202015
Added: Nov 13, 2023 Changed: May 14 Last Checked: Jul 30 at 1:06PM
MLS# 234593

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This property, situated on US 45 in Milan, TN, comprises approximately 5.5 acres divided into three tracts. It is one of only two properties between McDonald's and Walmart with available space for construction. The site currently features a car sales office with a large shop, a 3,750-square-foot rental area previously used for firecracker sales, and 65 mini storage units. Located on a four-lane highway that extends from the Gulf of Mexico to the Great Lakes, this property presents an opportunity for developing a new business.

Key Highlights

  • Prime location on US 45, a 4‑lane highway connecting the Gulf of Mexico to the Great Lakes.
  • One of only two properties with building potential between McDonald's and Walmart in Milan.
  • Total of approximately 5.5 acres across 3 tracts.

Property Analytics

Current Use

Emert Auto Sales Car Dealership Southern Boom Fireworks Discount Store Big Bad Wraps Auto Repair Shop Autocare Milan Auto Repair Shop

Suggested Use

Top Pick Dental Office Real Estate Agency Big Box & Wholesale Store Building Supply (Bike/Boat/Book/etc) Store Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

105
Businesses Nearby

Demographics for 38358, TN

12,153
Population
5,113
Households
2.4
Avg Household Size
40
Median Age
18%
College-Educated
89%
High-School Grad
82.7 sq mi
ZIP Area
147
Density / Sq Mi
$65,537
Median Household Income
$39,429
Median Earnings
$808
Median Rent
$157,900
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Self service car wash - 5.5 acres on US 45 with existing structures and storage.
Where is this self service car wash located?
The property is located at 12533 S 1st St Milan, TN.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Prime location on US 45, a 4‑lane highway connecting the Gulf of Mexico to the Great Lakes.; One of only two properties with building potential between McDonald's and Walmart in Milan.; Total of approximately 5.5 acres across 3 tracts.
More about this property
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