7608 Us-51 Millington, TN 38053

Property Details for 7608 Us-51

Property type

Land

Description

This exceptional 3-acre commercial land parcel is strategically located on US Highway 51 in Millington, Tennessee, at the northeast corner of US Hwy 51 and Paul Barrett Parkway (also known as TN Hwy 385 and the future I-269). The property enjoys significant highway frontage and visibility, offering unparalleled exposure to a high volume of daily traffic. Situated on the north side of Armitage Drive, a cul-de-sac leading to soon-to-be-completed youth soccer fields, this site presents a unique opportunity for developers. The land is situated within an Opportunity Zone, providing considerable potential tax benefits for investors. While some site preparation, including fill, may be required, the property's location offers numerous potential uses, including lodging, retail, and medical facilities. The property's proximity to the USA Stadium complex, featuring six lighted baseball fields and extensive training facilities, is a major advantage. This complex regularly attracts over 150 teams for week-long competitions and training, generating substantial visitor traffic for nine months of the year. The addition of the new youth soccer fields will further increase foot and vehicle traffic in the immediate area. Millington's robust commercial growth, evidenced by recent openings of major retailers such as TJ Maxx, Hobby Lobby, Aldi's, Burlington, and others, alongside existing anchors like Walmart, Lowe's, and Kroger, makes this a highly desirable investment. The land's value is estimated at $6-$7 per square foot. The property's APN is M0115 A00046. The current demand for lodging in the area significantly exceeds the available supply, presenting a compelling opportunity for development. The property's address is 7608 US-51, Millington, TN 38053.

Location Insight

City

Millington

County

Shelby

State

Tennessee

Longitude

-89.9178

Latitude

35.334