Millington Development Opportunity Zone
8961 TN-3 Millington, TN 38053
8961 TN-3, Millington, TN, 38053
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For Sale
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20 acres of commercial land in an Opportunity Zone.
Lot Size20.00 Acres
Days on Market738
Property Features for 8961 TN-3
General Information
- Standard status
- Active
- Lot size
- 20.00 Acres
- Property subtype
- Land
Listing Agency
Crye-Leike Commercial Memphis
Listed by
Mack Browder · License #250167
Source
Crexi
Added: Jul 11, 2024 Checked: Jul 17 at 4:13 am
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 Commercial Memphis
Investment Insights
Based on property information with market context.
This 20-acre commercial land parcel is located on the west side of US Hwy 51, across from the Hampton Inn and Homer Skelton Ford, and just north of the Forked River Commons retail center. The retail center features tenants such as TJ Maxx, Hobby Lobby, Aldi’s, Dollar Tree, Mattress Firm, LongHorn SteakHouse, Chicken Salad Chick, and Campbell Clinic (orthopedics). Situated in an Opportunity Zone, the site is positioned within the developing area of Millington, which is experiencing considerable commercial and residential growth. Sewer access is available on the east side of Hwy 51. The property can be divided, with pricing dependent on the size and location of the selected parcel within the site. Additionally, it can be combined with the bordering 16 acres to create a 36-acre parcel.
Key Highlights
- 20‑acre development opportunity in an Opportunity Zone
- Located on US Hwy 51, across from Hampton Inn and Homer Skelton Ford
- Situated near Forked River Commons retail center (TJ Maxx, Hobby Lobby, Aldi’s, etc.)
Property Analytics
Location Intelligence
Current Use by Public Records
Commercial land
Similar For Sale Nearby
FAQs
What type of property is this?
Commercial land - 20 acres of commercial land in an Opportunity Zone.
Where is this commercial land located?
The property is located at 8961 TN-3 Millington, TN.
What is the asking price?
The asking price for this property is $1,785,090.
What are key features of this property?
This property features: 20‑acre development opportunity in an Opportunity Zone; Located on US Hwy 51, across from Hampton Inn and Homer Skelton Ford; Situated near Forked River Commons retail center (TJ Maxx, Hobby Lobby, Aldi’s, etc.)
