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4900 Cuba-Millington Rd Millington, TN 38053

For Sale
$340,000

High-potential commercial lot with existing tenant.

Description

Added:
Feb 3, 2025
Days on Market:
307
This exceptional commercial property, located at 4900 CUBA-MILLINGTON Rd, Millington, TN, presents a compelling investment opportunity. Priced at $340,000, the property's primary value lies in its significant land potential, despite the presence of a currently rented building. The lot itself is zoned O - Office/Commercial, allowing for a diverse range of uses. Permitted businesses include retail trade, food and beverage establishments, pharmacies, financial institutions, insurance agencies, real estate services, personal services, and various business services. Detailed zoning information can be found in Millington Code 14-704. This versatile zoning makes the property suitable for a variety of commercial ventures, offering significant potential for future development and increased rental income. The existing tenant provides immediate cash flow, making this a strong investment with both short-term and long-term growth prospects. The property's location in Millington, TN, offers easy access to key transportation routes and a growing local market. Serious inquiries are encouraged to explore the full potential of this promising commercial investment. The property is offered as-is.

Property Features for 4900 Cuba-Millington Rd

General Information

Property type
Other commercial real estate

Building Details

Year Built
1973

Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Map

City
Millington
County
Shelby
State
Tennessee
Longitude
-89.89986
Latitude
35.35054

FAQs

What type of property is this?
Commercial real estate - High-potential commercial lot with existing tenant.
Where is this commercial real estate located?
The property is located at 4900 Cuba-Millington Rd Millington, TN.
What is the asking price?
The asking price for this property is $340,000.
More about this property
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