Contacts
Matt Davis
SharpLaunch
Melanie Haynes
SharpLaunch
Carson Claybrook
Cushman & Wakefield | Commercial Advisors
Caleb S. Park
Cushman & Wakefield | Commercial Advisors
Property Details
- Property Type Other
- Property Size 407,286 SF
- Additional Rent Contact for pricing
- Date Updated Nov 4, 2024
Cushman & Wakefield is pleased to offer this compelling residential development opportunity with approximately 9.35 acres of land available for sale. This site is strategically positioned along Raleigh-Millington Road, which experiences a daily traffic count of 9,949 vehicles. It also benefits from its proximity to major routes such as US Highway 51, with 20,324 vehicles per day, and Interstate 269, which sees 14,048 vehicles daily, ensuring easy accessibility.
Zoned R-2, the property is ideally suited for a large single family home site or residential development, supported by strong local demographics. Within a 1-mile radius, the average household income is $94,052, reflecting a stable and affluent community. As the radius expands to 5 miles, the population grows to over 15,000, with consistent household income levels averaging around $80,000.
Given its location, zoning, and favorable demographic profile, this parcel offers a significant opportunity for residential developers to capitalize on the growing demand for housing in the Millington area.
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Attachments
Getting around
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25/100
Bike Score ®
Location
- City Millington, TN
- Neighborhood Millington
- Zip Code 38053
- Market Memphis
Points of Interest
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Exxon
1.66 miles
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Marathon
1.90 miles
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Kroger
2.02 miles
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Murphy USA
2.89 miles
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Valero
4.19 miles
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BP
5.12 miles
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Mapco
5.40 miles
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Shell
6.58 miles
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Econo Lodge
1.42 miles
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Days Inn
1.52 miles
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Super 10
1.82 miles
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Holiday Inn Express & Suites
3.28 miles
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Hampton Inn & Suites
3.80 miles
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Rose Motel
7.75 miles
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Motel 6
7.79 miles
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Suburban Extended Stay Bartlett
9.32 miles
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Deluxe Inn & Suites
9.64 miles
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Save-A-Lot
1.56 miles
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Kroger
2.09 miles
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Big Lots
2.14 miles
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Navy Exchange
2.52 miles
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Commissary
2.63 miles
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Walmart Supercenter
2.93 miles
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Ross
3.14 miles
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ALDI
3.53 miles
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Walmart Neighborhood Market
7.11 miles
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Stage Centre
8.50 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
