Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    8546 Hwy 51 Millington, TN 38053

    Sponsored
    For Sale
    Contact for pricing

    High-traffic commercial lot, 0.79 acres.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.79-acre commercial land parcel presents a prime investment opportunity in Millington, Tennessee. Strategically located on Highway 51, this property boasts exceptional visibility and accessibility, situated between a Cook Out and a Zaxby's restaurant, ensuring high foot and vehicle traffic. The parcel benefits from convenient access to both US Highway 51 and Creek Mill Court, providing excellent connectivity for customers and employees. Highway 51 experiences a significant average annual daily traffic count of 37,290 vehicles, guaranteeing substantial exposure for any commercial development. The property's adjacency to a planned Express Oil further enhances its value and potential for synergistic business growth. This location offers a unique chance to establish a thriving commercial venture in a high-demand area, capitalizing on the existing infrastructure and substantial traffic flow. The property's size and location make it ideal for a variety of commercial uses, offering significant potential for return on investment. Detailed site plans and further information are available upon request. This is a rare opportunity to acquire a highly visible and accessible commercial lot in a rapidly growing area.

    Property Features for 8546 Hwy 51

    General Information

    Property type
    Land
    Lot Size
    34,412 SF

    HighLights

    • 0.79‑acre commercial land parcel.
    • Located between Cook Out and Zaxby's restaurants.
    • Excellent access to US Highway 51 and Creek Mill Court.
    • High traffic count: 37,290 AADT on US Highway 51.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Millington
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.8914738
    Latitude
    35.3594863

    Nearby Similar for Sale

    • $2,000,000
      2.47 Acres

      Commercial Building in Millington, TN

      Commercial building for sale in Millington, Tennessee.
      6347 Navy Rd, Millington, TN 38053
      View Details
    • $364,900

      Millington Commercial Building For Sale

      Modern commercial building with versatile office spaces in prime location.
      8098 N Us 51, Millington, TN 38053
      View Details
    • Contact for pricing

      Restaurant Building on Highway 51

      Freestanding restaurant with patio on 1.53 acres for sale.
      8800 Us Highway 51 N, Millington, TN 38053
      View Details
    • Contact for pricing

      Millington Mixed-Use Development Opportunity

      Proposed mixed-use development with retail, hotel, and office opportunities.
      Navy Rd, Millington, TN 38053
      View Details
    • $299,000
      33,000 SF

      Millington Highway 51 Commercial Property

      3,300 SF property near Millington-Memphis Airport.
      7713 Hwy 51 S, Millington, TN 38053
      View Details
    • Contact for pricing
      30,000 SF

      Millington Mixed-Use Community Retail Space

      Retail and hotel opportunities in Millington's first mixed-use community.
      7838 W Navy Cir, Millington, TN 38053
      View Details
    • $2,000,000

      Prime Millington Hwy 51 Commercial

      High-sales flooring business, 8000 sq ft building
      9040 Hwy Hwy, Millington, TN 38053
      View Details
    • $1,230,000

      Millington Chapel - Prime Location

      Spacious Chapel, Classrooms, Ample Parking
      6368 Us 51 Hwy, Millington, TN 38053
      View Details
    • $2,000,000

      Millington Strip Center Investment

      Fully leased, high-yield commercial property.
      6347 Navy Rd, Millington, TN 38053
      View Details
    • $340,000

      Millington Commercial Property Investment

      High-potential commercial lot with existing tenant.
      4900 Cuba-Millington Rd, Millington, TN 38053
      View Details
    • $489,000

      Millington Commercial Investment Opportunity

      High-yield property, strong tenant, lease options.
      4750 Navy Rd, Millington, TN 38053
      View Details
    • $349,000

      Millington Business Opportunity: Offices & Warehouse

      Prime Millington location, office & warehouse space.
      4765 Cuba-Millington Rd, Millington, TN 38053
      View Details

    FAQs

    What type of property is this?
    Land - High-traffic commercial lot, 0.79 acres.
    Where is this land located?
    The property is located at 8546 Hwy 51 Millington, TN.
    What are key features of this property?
    This property features: 0.79-acre commercial land parcel.; Located between Cook Out and Zaxby's restaurants.; Excellent access to US Highway 51 and Creek Mill Court.
    Request Owner's contact information
    8546 Hwy 51 Millington, TN 38053
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    8546 Hwy 51
    Millington, TN 38053
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8546 Hwy 51 Millington, TN 38053
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.