3069 Graball Dr Milan, TN 38358
This exceptional 21-acre commercial land parcel, encompassing 914,760 square feet, presents a remarkable investment opportunity in Milan, Tennessee. Strategically located on Highway 187, with convenient access to Highway 45 E, this unimproved land boasts significant development potential. The property is ready for immediate development, featuring readily available utilities including water, electricity, sewer, and natural gas connections already in place at the site. This eliminates significant upfront infrastructure costs and accelerates the development timeline. The expansive lot size offers ample space for a variety of commercial projects, from large-scale industrial facilities to retail centers or other commercial ventures. Its prime location ensures high visibility and accessibility, making it an attractive proposition for businesses seeking a strong presence in the Milan market. The address is 3069 Graball Drive, Milan, TN 38358, situated in Gibson County. This property is priced at $315,000 and represents a compelling opportunity for investors and developers seeking a well-positioned, utility-ready land parcel in a growing Tennessee community. Don't miss this chance to acquire this exceptional piece of commercial real estate.
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
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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.