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Gallaway Industrial Development Opportunity
For Sale
$600,000

HWY 196-10ACRES/MAIN ST, Gallaway, TN 38036

LAND - Gallaway, TN

Property SizeContact for details
Lot Size10.00 Acres
Days on Market771

Property Features for HWY 196-10ACRES/MAIN ST

General Information

Property type Land
Property subtype Other
Zoning Commer
Standard status Active
Lot size 10.00 Acres

Taxes and HOA fees

Tax Annual Amount 303
Listing Agency: Crye-Leike, Inc., REALTORS
Listed By: Laura Lovelace
Added: Jul 3, 2024 Changed: May 28 Last Checked: Aug 12 at 12:06PM
MLS# 10176123

Copyright © 2026 Memphis Area 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.

Investment Insights

Based on property information with market context.

This is a 10-acre industrial-zoned development opportunity situated along the Hwy 196 corridor in Gallaway, Tennessee, providing convenient access to I-40. The property is suitable for industrial, logistics, warehouse, flex space, contractor yard, or light industrial development. It is located minutes from the new Buc-ee's development under construction at Exit 28 and approximately 17 miles from BlueOval City. The property features approximately 325 feet of road frontage. Additional adjoining acreage may be available for purchase. The property is located in Fayette County, with a Gallaway postal city and a postal code of 38036.

Key Highlights

  • Prime industrial‑zoned development opportunity.
  • Located along the growing Hwy 196 corridor with convenient access to I‑40.
  • Strong potential for industrial, logistics, warehouse, flex space, contractor yard, or light industrial development.

Property Analytics

Current Use

Industrial land

Location Intelligence

Trade Area within ½ mile

68
Businesses Nearby

Demographics for 38036, TN

220
Population
39
Households
5.6
Avg Household Size
63
Median Age
17%
College-Educated
78%
High-School Grad
0.2 sq mi
ZIP Area
1,100
Density / Sq Mi
$825
Median Rent
$187,500
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Industrial land - 10 acres of industrial-zoned land near I-40 and BlueOval City.
Where is this industrial land located?
The property is located at HWY 196-10ACRES/MAIN ST Gallaway, TN.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Prime industrial‑zoned development opportunity.; Located along the growing Hwy 196 corridor with convenient access to I‑40.; Strong potential for industrial, logistics, warehouse, flex space, contractor yard, or light industrial development.
More about this property
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