Entitled Multifamily Development
For Sale
Contact for pricing
Pending
7266 Raleigh Millington Rd, Millington, TN 38053
Entitled multifamily land with utilities to site and opportunity zoning; supports 12.8 units per acre.
Property SizeContact for details
Days on Market123
Property Features for 7266 Raleigh Millington Rd
General Information
Standard status
Pending
Property subtype
Land, Multifamily
Additional Details
Opportunity Zone
Yes
Utilities to Site
Yes
Listing Agency:
Southern Properties
Listed By:
Bob Turner · License #TN 218717
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Apr 11 at 1:11PM
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 Southern Properties
Investment Insights
Based on property information with market context.
This is development land that has been entitled for multifamily use at 12.8 units per acre. The site is noted as having all utilities to the site, providing the infrastructure readiness buyers typically look for in a multifamily entitlement.
The property also references Opportunity Zone eligibility, and it is described as located in an active development area. The public remarks further note that new developments are adjoining the property, supporting interest from developers seeking a growing surrounding context in Millington, TN.
The property also references Opportunity Zone eligibility, and it is described as located in an active development area. The public remarks further note that new developments are adjoining the property, supporting interest from developers seeking a growing surrounding context in Millington, TN.
Key Highlights
- Entitled for multifamily development at 12.8 units per acre
- Utilities are available to the site
- Opportunity zoning is available
Property Analytics
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
403
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?
Residential land & home lot - Entitled multifamily land with utilities to site and opportunity zoning; supports 12.8 units per acre.
Where is this residential land & home lot located?
The property is located at 7266 Raleigh Millington Rd Millington, TN.
What are key features of this property?
This property features: Entitled for multifamily development at 12.8 units per acre; Utilities are available to the site; Opportunity zoning is available
