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    7838 W Navy Cir Millington, TN 38053

    For Sale
    Contact for pricing

    Retail and hotel opportunities in Millington's first mixed-use community.

    Property size:
    30,000 SF
    Lot size:
    15.95 Acres

    Property Features for 7838 W Navy Cir

    General Information

    Size
    30,000 SF
    Lot size
    15.95 Acres

    Source: The Shopping Center Group | Memphis Agent Shawn Massey

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

    Overview

    Millington Mixed-Use Community Retail Space

    This property is part of Millington's first mixed-use community, which will include apartments, residential single-family townhomes, a hotel, an existing YMCA, and commercial retail and office space. The location offers close proximity to the Millington Airport and the largest Inland Naval Air Station in the U.S., which has more than 7,500 military, civilian, and contract personnel assigned and working on base. There is approximately 30,000 square feet of first-floor retail space available for lease. A hotel outparcel is available for sale. Retail outparcels are available for sale, ground lease, and/or build-to-suit options. The property is ideally suited for restaurants, entertainment venues, specialty retail services, and office uses.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Similar Places Nearby

    Navy Exchange Main, Plaza Center Shopping Center

    Location Insight

    • Map
    • Local Demand
    City
    Millington
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.8865983
    Latitude
    35.3400874

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    FAQs

    What type of property is this?
    Shopping center - Retail and hotel opportunities in Millington's first mixed-use community.
    Where is this shopping center located?
    The property is located at 7838 W Navy Cir Millington, TN.
    What are key features of this property?
    This property features: - Part of Millington's first mixed-use community, offering a variety of residential, commercial, and recreational options.; - Close proximity to the Millington Airport and the largest Inland Naval Air Station in the U.S. with a large workforce.; - **30,000± SF of 1st Floor Retail Space Available For Lease.**
    (901) 869-2720
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    7838 W Navy Cir Millington, TN 38053
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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
    7838 W Navy Cir Millington, TN 38053
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