7608 US-51, Millington, TN 38053

Listing agent Mack Browder License #250167

Listing office Crye-Leike Commercial Memphis

Listing date Jul 11, 2024

Source Crexi

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Overview

This 3-acre site features frontage on US Highway 51, situated at the northeast corner of US Highway 51 and Paul Barrett Parkway, also known as Tennessee Highway 385 and the future Interstate 269. Located in an Opportunity Zone, the property offers potential tax benefits. The site is positioned on the north side of Armitage Drive, a cul-de-sac leading to youth soccer fields currently under development. Some fill will be required for the site. Potential uses for the property include lodging, retail, and medical facilities. The property is located within half a mile of the USA Stadium complex, which includes 6 lighted baseball fields and extensive training facilities for youth baseball. The stadium complex attracts numerous teams for week-long competitions and training events for 9 months of the year. The completion of the youth soccer fields is expected to draw additional visitors to the immediate area. Currently, the demand for lodging exceeds the available supply.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Millington

County

Shelby

State

Tennessee

Longitude

-89.9158736

Latitude

35.3349144

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FAQs

What type of property is this?

Commercial land - 3-acre site in Opportunity Zone near sports facilities.

Where is this commercial land located?

The property is located at 7608 US-51 Millington, TN.

What is the asking price?

The asking price for this property is $785,000.

What are key features of this property?

This property features: Frontage on US Hwy 51 at Paul Barrett Parkway (TN Hwy 385/future I‑269); Located in an Opportunity Zone offering potential tax benefits; Proximity to USA Stadium complex, drawing numerous visitors for 9 months of the year