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5500 Victory Ln Millington, TN 38053

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For Sale
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Land with existing structures and speedway in Millington, TN.

Lot size:
342.00 Acres

Property Features for 5500 Victory Ln

General Information

Lot size
342.00 Acres
Source: Moodyscre

Listing Agent: Kemp Conrad

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Millington Land with Speedway

The property is a land parcel in Millington, Tennessee, featuring mild topography, existing structures, and a speedway. The northern acreage is currently used as a farm. Utilities including water, gas, and power are available on site, and sewer access has been approved. A new 3-4 acre substation with a minimum 42 MW capacity could be built on site with project construction assistance. An initial site plan has been completed, and the property is fully entitled. Due diligence documentation, including a Phase I ESA, is available. Estimated time to rough grade is approximately 115 days for design and permitting, followed by 180 days for clearing and grading from initial demolition.
Location Intelligence

Current Use by Public Records

Memphis International Raceway Car Racing Track ATM (Trustmark National ... Atm

Suggested Use

Law Firm Building Supply Auto Parts Store Car Rental Storage Facility Parking Facility

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

Location Insight

  • Map
  • Local Demand
City
Millington
County
Shelby
State
Tennessee
Longitude
-89.9425174
Latitude
35.2748816

FAQs

What type of property is this?
Land - Land with existing structures and speedway in Millington, TN.
Where is this land located?
The property is located at 5500 Victory Ln Millington, TN.
What are key features of this property?
This property features: - Fully Entitled Land with Approved Sewer: Ready for immediate development.; - Existing Utilities (Water, Gas, & Power): Reduces initial infrastructure costs.; - Potential for High-Capacity Substation (42 MW): Ideal for energy-intensive operations.
More about this property
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