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    Millington Arlington Rd Millington, TN 38053

    Sponsored
    For Sale
    $799,000

    6.74 Acres, High-Visibility Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 6.74-acre commercial land parcel sits at the highly visible northwest corner of Austin Peay Highway and Millington Arlington Road in Millington, Tennessee (zip code 38053, Shelby County). The property boasts approximately 650 feet of frontage on Austin Peay Highway, offering significant visibility and accessibility. Currently priced at $799,000, this represents a compelling opportunity for long-term development given its strategic location. The site is situated at a lighted intersection, directly across from a Shell gas station and Subway, and adjacent to a Dollar General, ensuring high traffic counts and brand recognition. Furthermore, the area is experiencing significant growth, fueled by the expansion of Millington and Arlington, and the upcoming Blue Oval City development in Stanton, Tennessee. A road widening project on Austin Peay Highway, extending north towards Tipton County, is underway and anticipated for completion in Spring 2025, further enhancing the property's value and accessibility. A recent survey is available for review. This property presents a rare chance to capitalize on the burgeoning growth in this area and secure a prime location for corporate development. The parcel's size and visibility make it ideal for a variety of commercial uses. The property's APN is D0117 00267.

    Property Features for 0 Millington Arlington Rd

    General Information

    Property type
    Land
    Lot Size
    293,594 SF

    HighLights

    • High‑visibility corner lot at lighted intersection of Austin Peay Hwy & Millington Arlington Rd, Millington, TN (38053).
    • Adjacent to Shell, Subway, and Dollar General, ensuring high traffic counts.
    • 6.74‑acre development opportunity with ±650 ft of frontage on Austin Peay Hwy.
    • Austin Peay Hwy road widening project underway, enhancing accessibility.
    • Attractive pricing for long‑term development.
    • Recent survey available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Millington
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.78884638
    Latitude
    35.34379414

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    FAQs

    What type of property is this?
    Land - 6.74 Acres, High-Visibility Location
    Where is this land located?
    The property is located at Millington Arlington Rd Millington, TN.
    What is the asking price?
    The asking price for this property is $799,000.
    What are key features of this property?
    This property features: High-visibility corner lot at lighted intersection of Austin Peay Hwy & Millington Arlington Rd, Millington, TN (38053).; Adjacent to Shell, Subway, and Dollar General, ensuring high traffic counts.; 6.74-acre development opportunity with ±650 ft of frontage on Austin Peay Hwy.
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    Millington Arlington Rd Millington, TN 38053
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    Millington, TN 38053
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    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
    Millington Arlington Rd Millington, TN 38053
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