15035 187 Medina, TN 38358
This exceptional 2.7-acre commercial lot is strategically located on US-45 Bypass in Milan, Tennessee, near major retailers like Walmart and Lowe's. Situated on a four-lane highway connecting the Great Lakes to the Gulf of Mexico, this property boasts unparalleled visibility and accessibility. Its prime location offers significant advantages for businesses seeking high traffic exposure. The lot is only seven minutes from Medina, Tennessee, one of the fastest-growing cities in the state, ensuring future growth potential. All utilities are readily available, simplifying development and reducing upfront costs. This presents a rare opportunity to establish a thriving business in a rapidly expanding area. The asking price is $1,850,000. The property is zoned for commercial use and offers significant potential for various business ventures. Don't miss this chance to secure a prominent location in a thriving market. The address is 15035 S 1st Street/US 45/Hwy 187, Milan, TN 38358.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.