5550 Hwy Millington, TN 38053
- Land
- 7.60 lot acres
Current Use by Public Records
- Land
Property Details for 5550 Hwy
- Lot size
- 7.60 lot acres
- Property type
- Land
Description
This exceptional 7.6-acre commercial land parcel presents a remarkable investment opportunity in Millington, Tennessee. Strategically located on Highway 51, near the northeast corner of Highway 51 and Fite Road, this property boasts high visibility and accessibility. The site is zoned for commercial use, offering flexibility for a variety of development projects. With a substantial lot size, the land is divisible, allowing for tailored development to meet specific needs. The property's prime location benefits from significant traffic volume, with Highway 51 reporting an average annual daily traffic count of 28,111 vehicles. This high traffic count ensures excellent exposure for any commercial venture established on the site. Furthermore, the land's adjacency to a planned convenience store further enhances its desirability and potential for increased foot traffic and customer base. This presents a unique chance to capitalize on the growth and development occurring in this thriving area of Shelby County. The property's commercial zoning and ample space make it ideal for a wide range of commercial uses, from retail establishments to light industrial facilities. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The property is located at 5550 Highway 51, Millington, TN 38053.
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
- -89.9803
- Latitude
- 35.2738
