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Property profile & analytics
OFF-MARKET
Land

0 Us Highway 51 Millington, TN 38053

3.97 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 3.966-acre commercial land parcel is ideally situated on North US Highway 51 in Millington, Tennessee, offering unparalleled visibility and accessibility. Boasting over 206 feet of highway frontage, this B-2 zoned property benefits from high daily traffic counts exceeding 20,563 vehicles. Its prime location places it in close proximity to major retail establishments, including a Walmart, Tractor Supply, Lenny's Sub Shop, Little Caesar's, and Sherwin Williams, ensuring high consumer traffic and brand recognition. The property's strategic position within a key development corridor promises significant long-term value appreciation. Comprised of three parcels (APN: M0115R A00001, M0115R A00003, and M0115R A00006), this land offers flexibility for individual or combined development, making it an attractive investment opportunity for businesses seeking to establish a presence in a thriving market. Direct access from US-51 is available for each parcel. The Shelby County location and 38053 zip code further enhance its appeal. This property presents a rare chance to acquire a highly visible and strategically located commercial land asset in a rapidly growing area.

Property profile
Verified
Property type Land
Lot 3.97 ac (172,759 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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