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22954743
22954744

8839 US Highway 51, Millington, TN 38053

MB
Crye-Leike Commercial Memphis
Listed by Crye-Leike Commercial Memphis
$1,900,000
416 days on market
Updated 39 days ago
Opportunity zone

14.75 Ac Highway 51, Millington, TN

Details
Property Type Land
Sub Type Commercial
Acreage 14.750

Land | 14.75 acres

Marketing description

Land for development just north of recently completed Forked River retail center in NW corner of US Hwy 51 @ Veterans Parkway. The center includes retailers TJ Maxx, Aldi, Burlington, Hobby Lobby, et al and food retailers such as Longhorn Steakhouse and Chicken Salad Chick. Campbell Clinic (orthopedics) is located on one or the outparcels.

This north side of Millington, along the Hwy 51 corridor, includes Walmart SuperCenter, Lowes, ChickFilA, Whataburger, Chipotle, KFC, Arby’s, Chili’s, Zaxby’s and other retailers as well as Holiday Inn Express and Hampton Inn.

Commercial B-2 zoning allows hotel/motel, general retail, restaurants, medical office, nursing, assisted living, automotive repair, etc.

Site has over 1,400’ frontage on US Hwy 51. Property depth at north end is 1,150’; at south end 540’. Two median cuts in Hwy 51 allow easy access. The northernmost cut allgns with entrance to Hampton Inn; the southernmost aligns with Shipp Road

Investment highlights

Over 1,400’ frontage on busy US Highway 51

Zoned Commercial, B-2, which allows many uses

In Opportunity Zone

Two median cuts in Hwy 51 median allow good access

Near recently completed Forked River retail center,; Walmart SuperCenter and Lowes are convenient

Listing Contacts

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

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