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Veterans Pkwy Millington, TN 38053

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For Sale
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203 acres, prime industrial location.

Description

Added:
Dec 11, 2024
Days on Market:
391
This exceptional 203-acre commercial land parcel presents a unique investment opportunity in Millington, Tennessee. Strategically located on Veterans Parkway, just east of US Highway 51, this flat topography site offers unparalleled access to major transportation arteries. Proximity to Highway 385/Interstate 269 ensures seamless connectivity for logistics and distribution. The property is zoned MP - Planned Industrial, making it ideal for a wide range of industrial developments. Further enhancing its appeal, this site is situated within a Certified Opportunity Zone, providing significant tax advantages for investors. Utilities are readily available, including 3-phase, 12kV primary overhead electrical service, and a 6-inch high-density main water line (61-99 PSIG) within 1,500 feet west of the property. Foreign Trade Zone benefits are accessible through an expedited ASF process. The combined city and county tax rate is $5.66 per $100 of assessed value ($1.53 city, $4.13 county). This substantial land holding offers exceptional potential for large-scale industrial projects, capitalizing on its prime location and advantageous zoning. The asking price is $18,000 per acre.

Property Features for 0 Veterans Pkwy

General Information

Property type
Land
Lot Size
8,842,680 SF

HighLights

  • 203‑acre site.
  • Located in a Qualified Opportunity Zone.
  • $18,000 per acre asking price.
  • MP‑Planned Industrial zoning.
  • Flat topography.
  • ~1 mile to Highway 385/Interstate 269.
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Map

City
Millington
County
Shelby
State
Tennessee
Longitude
-89.8841056
Latitude
35.3467912

FAQs

What type of property is this?
Land - 203 acres, prime industrial location.
Where is this land located?
The property is located at Veterans Pkwy Millington, TN.
What are key features of this property?
This property features: 203-acre site.; Located in a Qualified Opportunity Zone.; $18,000 per acre asking price.
More about this property
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