Industrial Land with Dual
For Sale
$1,634,050
HWY 196/MAIN ST, Gallaway, TN 38036
Land, Gallaway, TN
Property SizeContact for details
Lot Size29.71 Acres
Days on Market817
Property Features for HWY 196/MAIN ST
General Information
Property type
Land
Property subtype
Other
Zoning
I
Standard status
Active
Lot size
29.71 Acres
Taxes and HOA fees
Tax Annual Amount
162
Listing Agency:
Crye-Leike, Inc., REALTORS
(901) 372-3690
Listed By:
Laura Lovelace
(901) 239-5284
Added: Jul 3, 2024
Changed: Sep 14
Last Checked: Sep 27 at 7:06AM
MLS# 10176122
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 level, vacant industrial land is positioned along the Hwy 196 corridor in Gallaway and carries I zoning. The property fronts both Hwy 196/Main Street and Centerpoint Road, supporting access from two roadways. Potential applications identified for the site include light manufacturing, logistics, warehousing, flex space, commercial storage, transportation-related operations, and a contractor yard, subject to governmental approval.
The property is approximately 17 miles from BlueOval City and offers access to I-40. It is also located minutes from the Buc-ee's development underway at I-40 Exit 28. Additional adjoining acreage may be available, with approximately 325 feet of added frontage. Buyers should verify acreage, utilities, access, flood status, zoning, and suitability for the intended use.
The property is approximately 17 miles from BlueOval City and offers access to I-40. It is also located minutes from the Buc-ee's development underway at I-40 Exit 28. Additional adjoining acreage may be available, with approximately 325 feet of added frontage. Buyers should verify acreage, utilities, access, flood status, zoning, and suitability for the intended use.
Key Highlights
- I‑zoned industrial land with approximately 197 feet of frontage on Hwy 196/Main Street
- Approximately 137 feet of frontage on Centerpoint Road
- Level, vacant site with potential access from two roadways
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
68
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Industrial land - Level, vacant industrial land with access from two roads and I zoning.
Where is this industrial land located?
The property is located at HWY 196/MAIN ST Gallaway, TN.
What is the asking price?
The asking price for this property is $1,634,050.
What are key features of this property?
This property features: I‑zoned industrial land with approximately 197 feet of frontage on Hwy 196/Main Street; Approximately 137 feet of frontage on Centerpoint Road; Level, vacant site with potential access from two roadways
