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0 N Hwy 51

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0 N Hwy 51, Millington, TN
Status: Active
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Property Type
Commercial Acreage
Acreage
7.31 acres
County
Shelby, TN
Format
Sale
Features
Development Potential
List Date
Sep 18, 2024
Documents
Flyer
Description
Cushman & Wakefield is pleased to offer this prime commercial land opportunity, spanning approximately 7.31 acres. This offering features 441 feet of frontage on US Highway 51, a major thoroughfare with a daily traffic count of 20,324 vehicles, ensuring excellent visibility. Additionally, the property is conveniently located less than a mile from Interstate 385, which sees 14,048 vehicles per day, further enhancing its accessibility. Zoned B-2, the land is well-suited for various commercial developments, benefiting from its proximity to the USA Baseball Stadium Complex, a local landmark. The surrounding area boasts strong demographics, with a population of nearly 2,000 people within a 1-mile radius, expanding to over 12,000 within 5 miles. Average household incomes range from $64,262 to $83,064, indicating a stable and potentially lucrative market for retail or service-based businesses. With its strategic location, ample acreage, and favorable demographic profile, this property represents a valuable investment opportunity in a growing area of Millington, TN.
Listing Agent
Matt Davis
Co-Op Member Owner
Cushman & Wakefield
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Co-Listing Agent
Agents Name: Caleb Park
Office Number: (901)362-3454
Cell Number: (901)239-3623