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Property profile & analytics
OFF-MARKET
Land

8546 Hwy Millington, TN 38053

0.79 ac lot
Property ID
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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