8565 Alanburg Trl Millington, TN 38053
- Land
- 191.81 lot acres
Current Use by Public Records
- Land
Property Details for 8565 Alanburg Trl
- Lot size
- 191.81 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
This exceptional 191.814-acre property presents a unique investment opportunity in the rapidly growing city of Millington, Tennessee. The land is strategically located near Edmund Orgill Park, providing convenient access to recreational amenities. Access is available via Bethel Road and Kerrville-Rosemark Road, ensuring excellent connectivity. The property boasts a diverse zoning designation: 183.54 acres are zoned R-1 (Residential), ideal for residential development, while an additional 8.274 acres are zoned CA (likely Commercial Agricultural). Currently generating income from existing farmland operations across 118 acres, this asset offers immediate returns while providing a platform for future residential projects. Millington's impressive growth trajectory, with an 8.4% population increase from 2020 to 2023, and significant infrastructure investments (tens of millions in sewer, water, roads), underscore the area's strong potential. The favorable demographics, including an average household income exceeding $95,514 within a 3-mile radius, further enhance the appeal of this site for creating a thriving residential community. The property's APN numbers are D0116 00256, M0116 00394, and M0116 00395. This is a rare chance to acquire a substantial land parcel with immediate income and significant long-term development potential in a thriving Tennessee community. The property is classified as both Agricultural and Residential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Millington
- County
- Shelby
- State
- Tennessee
- Longitude
- -89.8469
- Latitude
- 35.3616
