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8612 Hwy 51 N
Millington, TN 38053

Land For Sale · 4.01 AC

Investment Highlights

  • Strategic location at SEC of US Hwy 51 @ Veterans Parkway
  • Near Walmart SuperCenter, Lowe's, Chick-Fil-A, Chili's, Buffalo Wild Wings, et al
  • Signalized intersection
  • Considerable additional commercial and residential development planned in immediate area

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Mixed Use
  • Hospitality
  • Medical
  • Neighborhood Center
  • Restaurant
  • Storefront, Retail or Office
Total Lot Size 4.01 AC

Description

See Parcel D in aerial. Strategic corner at signalized intersection of U.S. Highway 51 @ Veterans Parkway. Southeast corner of intersection adjacent to recently developed retail stores and restaurants. A 103+ acre development has been approved just east and southeast of this corner which will include multi-family, medical, office, assisted living, etc. Directly across Hwy 51 on west side is a new KFC to open soon. Directly across Veterans Parkway from site is a new Arby's restaurant. 30 acres on the NWC of this intersection is under contract and expected to include big box retail, local retail, restaurants, etc. This area on the north side of Millington has seen significant commercial development in recent years led by Walmart SuperCenter, Lowe's, Chick Fil-A, Chili's, et al. Other area businesses include Buffalo Wild Wings, Huey's, Starbucks, IHOP, Zaxby's, Dairy Queen, Aspen Dental, Burke's Outlet, Petco, Rue 21, Ross Dress for Less, Dunham's, Five Below, Rack Room Shoes, Holiday Inn Express

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
M0-115-0-0786
Land Assessment
$175,080
Improvements Assessment
$39,800
Total Assessment
$214,880

zoning

Zoning Code B-2 (General Commercial District)
B-2 (General Commercial District)
  • Listing ID: 19237854

  • Date on Market: 4/15/2020

  • Last Updated:

  • Address: 8612 Hwy 51 N, Millington, TN 38053

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