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18820706
18820707

8961 TN-3, Millington, TN 38053 For Sale

MB
Crye-Leike Commercial Memphis
Listed by Crye-Leike Commercial Memphis
$1,785,090
739 days on market
Updated 13 days ago

20 ac US Hwy 51

Details
Property Type Land
Sub Type Commercial, Residential
Acreage 20.000

Land | 20 acres

Marketing description

OPPORTUNITY ZONE 20 ac for development

on west side of US Hwy 51 across from Hampton Inn and Homer Skelton Ford

Just north of Forked River Commons retail center that features TJ Maxx, Hobby Lobby, Aldi’s, Dollar Tree, Mattress Firm, LongHorn SteakHouse, Chicken Salad Chick, Campbell Clinic (orthopedics), et al

Site is in the path of development for Millington which has considerable commercial and residential development underway.

Sewer is on east side of Hwy 51 and is available to serve site

Property could be divided with pricing to depend on size of selected parcel and location within site

Can be combined with bordering 16 acres to form 36 ac parcel

Investment highlights

US Hwy 51 frontage

Across street from Hampton Inn and Homer Skelton Ford

Just north of recently developed Forked River Commons retail center

Millington will benefit from Ford’s Blue Oval City (30 miles N of site) and Elon Musk’s xAi SuperComputer (Memphis)

OPPORTUNITY ZONE offers significant potential tax benefits

Listing Contacts

MB
Crye-Leike Commercial Memphis
Listed by Crye-Leike Commercial Memphis

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