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Industrial Land with Road Frontage
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 Market771

Property Features for HWY 196/MAIN ST

General Information

Property type Land
Property subtype Other
Zoning Comm
Standard status Active
Lot size 29.71 Acres

Taxes and HOA fees

Tax Annual Amount 162
Listing Agency: Crye-Leike, Inc., REALTORS
Listed By: Laura Lovelace
Added: Jul 3, 2024 Changed: Aug 5 Last Checked: Aug 12 at 2:06PM
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 industrial land tract spans approximately 29.67 acres along Hwy 196/Main Street in Gallaway, with additional frontage on Centerpoint Road. The property carries Comm zoning and extends toward a railroad corridor. Buyer verification is required for acreage, utilities, access, zoning, road frontage, and intended use.

The site is positioned along the Hwy 196 corridor with convenient access to I-40. It is minutes from the Buc-ee's development under construction at Exit 28 and approximately 17 miles from BlueOval City. The property is identified for potential industrial, logistics, warehouse, flex-space, or contractor-yard development. Additional adjoining acreage may also be available.

Key Highlights

  • Approximately 29.67 acres along Hwy 196/Main Street in Gallaway
  • Comm zoning designation
  • Approximately 197 feet of frontage on Main St/Hwy 196

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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Industrial land - Commercially designated land along Hwy 196 with access toward I-40 and frontage on two roads.
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: Approximately 29.67 acres along Hwy 196/Main Street in Gallaway; Comm zoning designation; Approximately 197 feet of frontage on Main St/Hwy 196
More about this property
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