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Farm Property with Stocked Lake
New
For Sale
$2,000,000

Covington Pike, Millington, TN 38053

Land, Millington, TN

Property SizeContact for details
Lot Size221.42 Acres
Days on Market2

Property Features for Covington Pike

General Information

Property type Land
Property subtype Other
Vegetation Partially Wooded
Lot features Agricultural, Greenbelt, Level, Wooded
Elementary school district Millington Municipal Schools
Directions Take I-40 West toward Memphis. Take exit 24-25 toward Millington. Continue onto Hwy 385W, then exit onto Hwy 14S, turn left onto Austin Peay Hwy, then right onto Covington Pike.
Standard status Active
APN D0138 00115
Lot size 221.42 Acres

Taxes and HOA fees

Tax Description Map D0138 Parcel 00115
Tax Annual Amount 2693
Legal Description Map D0138 Parcel 00115

Utilities

Utilities Electricity Available
Listing Agency: Premier Realty Group of W TN
Listed By: Susan Bradberry · License #299489
Added: Oct 30 Last Checked: Oct 31 at 8:06PM
MLS# 2605104

Copyright © 2026 Central West Tennessee Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This 221.42-acre farm property includes 125 acres currently under cultivation and a 15-acre lake stocked with bream, bass and catfish. Wooded acreage across the tract provides habitat for deer and other wildlife. Electricity is available.

The property fronts both Covington Pike and Broad Meadows, with two access points and potential building sites. It is located in Millington, in northern Shelby County, about 9 miles north of Memphis.

Key Highlights

  • 221.42 acres in Millington
  • 125 acres currently farmed
  • 15‑acre lake stocked with bream, bass and catfish

Property Analytics

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Current Use

Recreation land

Location Intelligence

Trade Area within ½ mile

2
Businesses Nearby

Demographics for 38053, TN

26,839
Population
10,674
Households
2.5
Avg Household Size
42
Median Age
21%
College-Educated
88%
High-School Grad
162.4 sq mi
ZIP Area
165
Density / Sq Mi
$58,548
Median Household Income
$41,429
Median Earnings
$1,105
Median Rent
$195,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Farm - Two road frontages provide access from Covington Pike and Broad Meadows.
Where is this farm located?
The property is located at Covington Pike Millington, TN.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 221.42 acres in Millington; 125 acres currently farmed; 15‑acre lake stocked with bream, bass and catfish
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