Technical
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Property profile

0 Singleton Pkwy Millington, TN 38053

OFF-MARKET
Land
286.36 ac lot
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Property summary

AI-generated overview

This exceptional investment opportunity presents 286.358 acres of agricultural land ideally situated along Singleton Parkway in Shelby County, Tennessee. The property boasts 206.6 tillable acres, generating substantial existing farm income. Currently zoned Conservation Ag (CA), this expansive tract enjoys the benefits of a lower tax base due to its location just outside the Millington city limits (zip code 38053). Convenient access to major highways, including Highway 51 and Highway 385, enhances its strategic location and potential for future development. The surrounding area exhibits strong demographics, with an average household income of $94,443, suggesting a robust market for potential residential or mixed-use projects. The property's APN is D0127 00332C. This unique offering combines immediate agricultural returns with significant long-term upside, making it an attractive investment for discerning buyers seeking a blend of current income and future development potential. The property's location offers easy access to Millington, TN.

Property profile

Verified
Property type Land
Lot 286.36 ac (12,473,754 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Singleton Pkwy Millington, TN 38053
Millington metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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