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Industrial Land Near Logistics Facilities
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5709 Old Millington Rd, Millington, TN 38053

Large industrial land tract near major logistics and transportation facilities.

Property SizeContact for details
Days on Market143

Property Features for 5709 Old Millington Rd

General Information

Standard status Active
Property subtype Land
Listing Agency: CBRE - Memphis
Listed By: Jacque Beeson · License #TN 324711
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 29 at 3:36PM

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 CBRE - Memphis

Investment Insights

Based on property information with market context.

This approximately 100-acre industrial land property is located in Millington, Tennessee, within the Northwest submarket of the Memphis MSA. The site offers a substantial land base for industrial-oriented planning and development, subject to applicable approvals and site conditions.

The property is near U.S. Highway 51 and a 3.5M SF Amazon Fulfillment Center, as well as the Nike North America Logistics Campus. Memphis International Airport, Memphis Port Commission, and the Canadian National rail yard are each approximately 20 miles or less from the site, placing the tract within reach of several established freight and logistics assets.

Key Highlights

  • Approximately 100 acres of industrial land in Millington, Tennessee
  • Near U.S. Highway 51
  • 3.5M SF Amazon Fulfillment Center in close proximity

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick Real Estate Agency Plumbing Service Garden Center (Bike/Boat/Book/etc) Store Auto Repair Shop Kitchen & Bath Showroom

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

49
Businesses Nearby

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
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Frequently Asked Questions

What type of property is this?
Industrial land - Large industrial land tract near major logistics and transportation facilities.
Where is this industrial land located?
The property is located at 5709 Old Millington Rd Millington, TN.
What are key features of this property?
This property features: Approximately 100 acres of industrial land in Millington, Tennessee; Near U.S. Highway 51; 3.5M SF Amazon Fulfillment Center in close proximity
(901) 528-1000 Call to check price and availability
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