Technical
Financial
Distress signals
Property profile

8546 Hwy Millington, TN 38053

OFF-MARKET
Land
0.79 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 0.79 ac (34,412 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

8546 Hwy Millington, TN 38053
Millington metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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