8551 Bethuel Rd | Millington, TN 38053
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8551 Bethuel Rd
Millington, TN 38053
Millington Land · Land For Sale · 191.81 AC
Investment Highlights
- • Close proximity to Edmund Orgill Park
- • Access points on Bethuel Rd and Kerrville-Rosemark rd
- • Existing farm income in place on 118 acres
Executive Summary
Excellent opportunity for residential development in the growing city of Millington, Tennessee. The property, encompassing approximately 191.814 acres, is located near Edmund Orgill Park and has access points via Bethel Road and Kerrville-Rosemark Road. This site is a quick 5 min drive from the current development corridor in Millington. With existing farm income on 118 acres, this site offers immediate potential while planning for future residential development. The area’s favorable demographics, including an average household income of $95,514 within a 3-mile radius, add to its attractiveness for creating a thriving residential community.
From 2020 to 2023, Millington's population grew by 8.4%, the fastest rate among Shelby County municipalities. The city has made significant investments in infrastructure, spending tens of millions of dollars to build nearly five miles of sewer and water lines, roads, and other essential facilities, enabling it to more than double its population and support large employers.
From 2020 to 2023, Millington's population grew by 8.4%, the fastest rate among Shelby County municipalities. The city has made significant investments in infrastructure, spending tens of millions of dollars to build nearly five miles of sewer and water lines, roads, and other essential facilities, enabling it to more than double its population and support large employers.
PROPERTY FACTS
Sale Type | Investment | Property Subtype | Residential |
No. Lots | 1 | Total Lot Size | 191.81 AC |
Property Type | Land | Opportunity Zone |
Yes
|
Sale Type | Investment |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Residential |
Total Lot Size | 191.81 AC |
Opportunity Zone |
Yes |
1 Lot Available
Lot
Lot Size | 191.81 AC |
Lot Size | 191.81 AC |
Description
191.814 Acres for Sale in Millington, TN
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $0 | |
Land Assessment | $112,125 | Total Assessment | $112,125 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$112,125
Improvements Assessment
$0
Total Assessment
$112,125
zoning
Zoning Code | R-1 & CA (• 183.54 Acres Zoned R-1 (Residential - low density) • 8.274 Acres Zoned CA (Conservation Ag)) |
R-1 & CA (• 183.54 Acres Zoned R-1 (Residential - low density) • 8.274 Acres Zoned CA (Conservation Ag)) |
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