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0 Milton Wilson - Large development tract outside Memphis! 27.35 Acres of Commercial Land Offered at $9,900,000 in Arlington, TN 38002

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INVESTMENT HIGHLIGHTS

  • Proposed and approved site plan that allows multi-story medical/professional office building and 43 or more mixed-use buildings/strip centers.
  • Arlington TN has 3 A-Rated schools, close to Memphis and is experiencing an enormous growth phase.
  • Less than 20 minutes away from the new Ford EV plant, in Stanton, TN, that will employ 6000 people and their families.
  • Located in Arlington TN which has new developments finished and ongoing on every corner.
  • Merchantable timber on 27 acres.

EXECUTIVE SUMMARY

Sellers willing to subdivide up to 10 acres, at a premium. The largest development tract available in the middle of Arlington. Situated by the new Baptist ER Center, new Kroger site, next to site for new Holiday Inn, chain restaurants, new VA center, Arlington HS & more upcoming area amenities. Proposed use & approved renderings show this site can accommodate a multi-story medical/professional office & 43 mixed-use buildings. Loft apartments & SF detached rentals are possible on this site as well. This site can also accommodate warehouse/flex space. Located close to the new Ford plant. Close to Blue Oval City. The new Ford plant will require 100's of new homes in Arlington ideal for more mixed-use development. Sewer recently installed. Located right off I-40 for prime location and convenience to everything and close to Memphis. In the TN Greenbelt tax savings program. All public utilities available & timber value.
Email offers or questions to jvickrealtor@gmail.com or jasonmillerrealtor@gmail.com.

PROPERTY FACTS

Price $9,900,000
Sale Type Investment
Sale Conditions
1031 Exchange
  • Lease Option
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Industrial
  • Retail
  • Office
  • Mixed Use
  • Bank
  • Fast Food
  • Healthcare
  • Health Club
  • Medical
  • Office Park
  • Restaurant
  • Retail Warehouse
  • Single Family Development
  • Storefront, Retail or Office
  • Storefront, Retail or Residential
  • Warehouse
  • Single Family Residence
Total Lot Size 27.35 AC
Zoning Mixed-Use - Zoning allows for medical/professional office, loft apartments above retail, flex/warehouse space, single family detached rentals, banks and other.

1 LOT AVAILABLE

Lot

Price $9,900,000
Price Per AC $361,974.41
Lot Size 27.35 AC

Sellers willing to subdivide up to 10 acres, at a premium. Mixed-use commercial tract outside of Memphis close to new Ford EV plant. Cell phone tower and utility access road does not convey. Lot situated by new Kroger and Baptist ER Center.

DESCRIPTION

Sellers willing to subdivide up to 10 acres, at a premium. The largest development tract available in the middle of Arlington. Situated by the new Baptist ER Center, new Kroger site, next to site for new Holiday Inn, chain restaurants, new VA center, Arlington HS & more upcoming area amenities. Proposed use & approved renderings show this site can accommodate a multi-story medical/professional office & 43 mixed-use buildings. Loft apartments & SF detached rentals are possible on this site as well. This site can also accommodate warehouse/flex space. Email offers to jvickrealtor@gmail.com or jasonmillerrealtor@gmail.com.

  • Listing ID: 27981239

  • Date on Market: 3/15/2023

  • Last Updated:

  • Address: 0 Milton Wilson, Arlington, TN 38002

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