Signalized Commercial Corner
S First Street, Milan, TN 38358
For Sale
$250,000
Land, Milan, TN
Property SizeContact for details
Lot Size0.81 Acres
Days on Market9
Property Features for S First Street
General Information
Property type
Property subtype
Zoning description
Vegetation
Lot features
Elementary school district
Standard status
APN
Lot size
Taxes and HOA fees
Tax Annual Amount
Utilities
Utilities
Water source
Listing Agency:
Southern LifeStyle Properties
(731) 613-2354
Listed By:
Bradley V Arnold · License TN #277769
(731) 431-9479
Added: Nov 2
Changed: Nov 9
Last Checked: Nov 10 at 8:06AM
MLS# 2605224
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.
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Investment Insights
Based on property information with market context.
Two adjoining parcels form a mostly open commercial site totaling approximately 0.81 acres. The property is zoned B-2 (Retail Business), a designation that allows uses including retail, restaurants, professional and medical offices, auto sales and service, and banking. Public water and cable are listed among the available services.
The site occupies the signalized junction of South First Street (US Highway 45) and Smith Street, along a four-lane highway carrying approximately 13,500 vehicles per day based on 2025 TDOT counts. Johnnie Hale Stadium is directly across from the property, with banks, offices, and retail businesses in the surrounding area.
The site occupies the signalized junction of South First Street (US Highway 45) and Smith Street, along a four-lane highway carrying approximately 13,500 vehicles per day based on 2025 TDOT counts. Johnnie Hale Stadium is directly across from the property, with banks, offices, and retail businesses in the surrounding area.
Key Highlights
- Approximately 0.81 acres across two adjoining parcels
- B‑2 (Retail Business) zoning
- Signalized corner at South First Street (US Highway 45) and Smith Street
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Location Intelligence
Trade Area within ½ mile
428
Businesses Nearby
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Business Placement
Demographics for 38358, TN
12,153
Population
5,113
Households
2.4
Avg Household Size
40
Median Age
18%
College-Educated
89%
High-School Grad
82.7 sq mi
ZIP Area
147
Density / Sq Mi
$65,537
Median Household Income
$39,429
Median Earnings
$808
Median Rent
$157,900
Median Home Value
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Market
Properties on Market for Commercial land in Gibson County
Frequently Asked Questions
What type of property is this?
Commercial land - B-2 zoning accommodates retail and a range of service-oriented commercial uses.
Where is this commercial land located?
The property is located at S First Street Milan, TN.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Approximately 0.81 acres across two adjoining parcels; B‑2 (Retail Business) zoning; Signalized corner at South First Street (US Highway 45) and Smith Street
