Mayhill Rd, Stanton, TN 38069

Property Details for 0 Mayhill Rd

Property type

Warehouses

Property subtype

Industrial properties

Description

This exceptional 6.48M industrial warehouse property in Stanton, Tennessee, presents a unique investment opportunity. Located just 1.25 miles from the burgeoning Blue Oval City, this strategically positioned site offers unparalleled access via local roads. The property has been annexed into the Town of Stanton, with an ALTA survey already completed, simplifying the development process. Currently zoned R2, it allows for multifamily development, capitalizing on the area's growing demand for housing. Utility infrastructure is readily available, with sewer service secured (480 taps via a Will Serve Letter), and water, gas, and electric utilities adjacent to the site. Recent infrastructure improvements include a full-depth reclamation rebuild of SR 179 (completed August 2024), enhancing accessibility. The site's relatively level terrain, with a slight eastern slope ideal for detention, further streamlines development. Future plans include significant roadway improvements on Blue Oval City's west side, including a new I-40 Exit 39 interchange, promising increased connectivity and value appreciation. The potential development of a nearby YMCA with daycare services adds to the property's long-term appeal and desirability. This property offers a compelling blend of immediate industrial use and significant future multifamily development potential, making it an attractive investment in a rapidly growing area. The property is located on Mayhill Rd, Stanton, Haywood County, TN 38069.

Location Insight

City

Stanton

County

Haywood

State

Tennessee

Longitude

-89.3895

Latitude

35.4593