Development Land with Major Road
For Sale
$500,000
5508 Shipp Road, Millington, TN 38053
Large tract with substantial Shipp Road frontage and nearby water, sewer, and gas for development planning.
Property SizeContact for details
Lot Size14.70 Acres
Days on Market141
Property Features for 5508 Shipp Road
General Information
Standard status
Active
Lot size
14.70 Acres
Property subtype
Land / Land
Zoning
AG
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$2.00
Listing Agency:
Crye-Leike, Inc., REALTORS
(901) 605-4542
Listed By:
Ethan Whitley · License #369520
(901) 605-4542
Source:
Compass
Added: Apr 6
Changed: Aug 23
Last Checked: Aug 24 at 12:14PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Crye-Leike, Inc., REALTORS
Investment Insights
Based on property information with market context.
This for-sale development land offering consists of approximately 14.702 acres with substantial road frontage. The property is positioned for future site planning, with utilities including water, sewer, and gas available near the rear of the site to support development feasibility.
Located on Shipp Road, just off Highway 51, the property provides approximately 950 feet of frontage on Shipp Road. That combination of frontage and access supports visibility and practical circulation for a range of development concepts.
For buyers seeking land to develop, this acreage and frontage size can support a variety of site layouts, depending on end use and required approvals. With key utilities available near the rear, the property offers a straightforward starting point for engineering and permitting work. Its straightforward access from Shipp Road makes it easier to evaluate and manage for prospective development teams and future occupants.
Located on Shipp Road, just off Highway 51, the property provides approximately 950 feet of frontage on Shipp Road. That combination of frontage and access supports visibility and practical circulation for a range of development concepts.
For buyers seeking land to develop, this acreage and frontage size can support a variety of site layouts, depending on end use and required approvals. With key utilities available near the rear, the property offers a straightforward starting point for engineering and permitting work. Its straightforward access from Shipp Road makes it easier to evaluate and manage for prospective development teams and future occupants.
Key Highlights
- Approximately 14.702‑acre development tract on Shipp Road in Millington, just off Highway 51
- About 950 feet of road frontage on Shipp Road for strong access and visibility
- Water, sewer, and gas utilities are available near the rear of the property
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
36
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Waterfront Land - Large tract with substantial Shipp Road frontage and nearby water, sewer, and gas for development planning.
Where is this waterfront land located?
The property is located at 5508 Shipp Road Millington, TN.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Approximately 14.702‑acre development tract on Shipp Road in Millington, just off Highway 51; About 950 feet of road frontage on Shipp Road for strong access and visibility; Water, sewer, and gas utilities are available near the rear of the property
