7608 US-51 Millington, TN 38053
3-acre site in Opportunity Zone near sports facilities.
Type:Land
Lot size:
3.00 Acres- Added:
- Jul 11, 2024
- Days on Market:
- 655
- Last Refresh:
- Mar 17 at 1:26 pm
Property Features for 7608 US-51
General Information
- Standard status
- Active
- Lot size
- 3.00 Acres
- Property subtype
- Land
Listing agent Mack Browder License #250167
Listing office Crye-Leike Commercial Memphis
Listing date Jul 11, 2024
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Crye-Leike Commercial Memphis
Overview
Prime Land on US Hwy 51
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.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Commercial land
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
