0 Densford Cir Millington, TN 38053
This exceptional 13-acre commercial land parcel presents a unique investment opportunity in the rapidly growing city of Millington, Tennessee. Strategically located adjacent to a thriving Kroger-anchored retail center, this property benefits from significant existing commercial activity and high visibility. The site's convenient access to major thoroughfares, US-51 (20,563 AADT) and TN-385 (14,048 AADT), ensures excellent connectivity and accessibility for potential businesses and customers. Millington itself is experiencing robust economic development and population growth, making this a particularly attractive location for a variety of commercial ventures. The surrounding area boasts a diverse range of established retailers, including Walgreens, Tractor Supply Co., Big Lots, Dollar General, Ollie's Bargain Outlet, Save A Lot, ATC Fitness, Scooter's Coffee, Domino's Pizza, Tropical Smoothie Cafe, Chick-fil-A, Starbucks, Huey's, Lennys Grill & Subs, Jack's, Subway, Sonic, and Metro by T-Mobile, among many others. Situated approximately 30 minutes north of Memphis, this property offers the advantages of a thriving suburban location with easy access to a major metropolitan area. This 13-acre tract is ideal for developers seeking a prime location for a variety of commercial projects, capitalizing on the existing infrastructure and high traffic counts. The property's proximity to established businesses and its location within a growing community make it an exceptional opportunity for long-term growth and return on investment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.