4900 Cuba-Millington Rd Millington, TN 38053
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 4900 Cuba-Millington Rd
- Year built
- 1973
- Property type
- Commercial real estate
Description
This exceptional commercial property, located at 4900 CUBA-MILLINGTON Rd, Millington, TN, presents a compelling investment opportunity. Priced at $340,000, the property's primary value lies in its significant land potential, despite the presence of a currently rented building. The lot itself is zoned O - Office/Commercial, allowing for a diverse range of uses. Permitted businesses include retail trade, food and beverage establishments, pharmacies, financial institutions, insurance agencies, real estate services, personal services, and various business services. Detailed zoning information can be found in Millington Code 14-704. This versatile zoning makes the property suitable for a variety of commercial ventures, offering significant potential for future development and increased rental income. The existing tenant provides immediate cash flow, making this a strong investment with both short-term and long-term growth prospects. The property's location in Millington, TN, offers easy access to key transportation routes and a growing local market. Serious inquiries are encouraged to explore the full potential of this promising commercial investment. The property is offered as-is.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Millington
- County
- Shelby
- State
- Tennessee
- Longitude
- -89.8999
- Latitude
- 35.3505
