Listing Agency: Tranzon Asset Advisors

Listed By: Edward Durnil · License #KY P1734 Show Phone

Source: Kcrea.resimplifi

Added: Oct 9 Changed: Oct 13 Last Checked: Oct 13 at 2:08AM

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Investment Insights

Based on property information with market context.

This 342-acre property in Millington, Tennessee, includes a 3/4-mile oval track and a drag strip. Portions of the site have been demolished. Existing infrastructure includes water, gas, and electric service, along with approved sewer access. The property is zoned IH and has supported motorsports events, including NASCAR events at the oval track.

The site adjoins Charles W. Baker Airport and is adjacent to rail access. Routes I-40, I-269, and U.S. 51 provide regional connections. Conceptual plans envision more than 4 million square feet of logistics development and potential power capacity above 42 MW; these are planning concepts, not stated built improvements.

Key Highlights

• 342‑acre property with IH zoning
• 3/4‑mile oval track with a history of hosting NASCAR events
• Airport‑adjacent site adjoining Charles W. Baker Airport

Property Analytics

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Current Use

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

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Building Supply Auto Parts Store Storage Facility Law Firm

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

26

Businesses Nearby

Explore this area Business Placement

Demographics for 38053, TN

26,839

Population

10,674

Households

2.5

Avg Household Size

42

Median Age

21%

College-Educated

88%

High-School Grad

162.4 sq mi

ZIP Area

165

Density / Sq Mi

$58,548

Median Household Income

$41,429

Median Earnings

$1,105

Median Rent

$195,100

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

Questions? Ask Rey

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What type of property is this? Where is this race tracks located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Race track - The site combines motorsports facilities with IH zoning, rail access, and existing utility connections.

Where is this race track located?

The property is located at 5500 Victory Ln Millington, TN.

What are key features of this property?

This property features: 342‑acre property with IH zoning; 3/4‑mile oval track with a history of hosting NASCAR events; Airport‑adjacent site adjoining Charles W. Baker Airport