8546 Hwy Millington, TN 38053
This exceptional 0.79-acre commercial land parcel presents a prime investment opportunity in Millington, Tennessee. Strategically located on Highway 51, this property boasts exceptional visibility and accessibility, situated between a Cook Out and a Zaxby's restaurant, ensuring high foot and vehicle traffic. The parcel benefits from convenient access to both US Highway 51 and Creek Mill Court, providing excellent connectivity for customers and employees. Highway 51 experiences a significant average annual daily traffic count of 37,290 vehicles, guaranteeing substantial exposure for any commercial development. The property's adjacency to a planned Express Oil further enhances its value and potential for synergistic business growth. This location offers a unique chance to establish a thriving commercial venture in a high-demand area, capitalizing on the existing infrastructure and substantial traffic flow. The property's size and location make it ideal for a variety of commercial uses, offering significant potential for return on investment. Detailed site plans and further information are available upon request. This is a rare opportunity to acquire a highly visible and accessible commercial lot in a rapidly growing area.
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.