7608 US Hwy 51, 3 Ac
Land | 3 acres
Marketing description
3 acre site with frontage on US Hwy 51 in northeast corner of US Hwy 51 @ Paul Barrett Parkway (aka TN Hwy 385 and future I-269).
in OPPORTUNITY ZONE which offers significant potential tax benefits
Sits on north side of Armitage Drive, a cul-de-sac that leads to youth soccer fields under development. Site will require some fill
Likely uses for property include lodging, retail, medical
Within 1/2 mile of USA Stadium complex which features 6 lighted baseball fields and extensive training facilities for youth baseball. It is not uncommon for this complex to draw 150 TEAMS for a week’s competition and training. This facility draws numerous visitors to the area during 9 months of a calendar year
Completion of the youth soccer fields will draw additional visitors to this immediate area
Currently, demand for lodging exceeds available supply
Investment highlights
in OPPORTUNITY ZONE which offer considerable potential tax benefits
Highway 51 visibility
Near USA Stadium complex which draws many visitors to the area
At entrance to youth soccer fields under development
Millington is experiencing significant commercial and residential development. D.R. Horton has several housing developments underway. Significant new retailers have recently opened in Millington….TJ Maxx, Hobby Lobby, Aldi’s, Burlington, et al…. joining long-time anchors like Walmart SuperCenter, Lowe’s and Kroger. Food service offerings include Chick Fil A, Buffalo Wild Wings, LongHorn SteakHouse, Whataburger, Chicken Salad Chick, Chipotle, McDonalds, Wendys, Arbys, KFC, et al
Millington will benefit from opening of Ford’s Blue Oval City and Elon Musk’s SuperComputer under construction within easy driving distance of site
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