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7590 U.S. Highway 51 - Armitage Drive 4 ac south side 4.28 Acres of Commercial Land Offered at $1,120,000 in Millington, TN 38053

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INVESTMENT HIGHLIGHTS

  • Great visibility from Hwy 385 (future I-269) and from high-traffic US Hwy 51
  • At the only entrance to 1,200 +/- acre Big Creek Nature Area with youth soccer fields, playground, walking/bile trails, nature area, etc
  • Easy access from busy US Hwy 51
  • Near USA Stadium which draws a lot of visitors to area for youth baseball tournaments and athlete training
  • Millington is booming with new commercial development, airport with 8,000' runway, etc

EXECUTIVE SUMMARY

4 ac lot for development near USA baseball stadium. This site fronts on US Hwy 51 near its intersection with Paul Barrett Pkwy aka Hwy 385 (future I-269). Some fill required.
Good visibility and easy access via Armitage Drive off busy US Highway 51. Site lies near busy USA Stadium which hosts youth baseball and softball tournaments 9 months each year. It is not uncommon for USA stadium to host 200 teams for a week's competition and training.
Armitage Drive is the only entry to the 1,200+/- ac Big Creek Nature Area which, when completed in Fall of 2025, will include 4 soccer (multi-purpose) fields, a playground, disc golf course, 3 separate parking areas, restrooms, paved walking/bike trails, nature areas with wetlands, an amphitheater with stage and other amenities. Big Creek Nature Area borders the north side of Paul Barrett Parkway (future I-269) between US Highway 51 on the west and Raleigh Millington Road on the east

TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access

ANNUAL ANNUAL PER AC
Taxes - -
Operating Expenses - -

TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access

Taxes
Annual -
Annual Per AC -
Operating Expenses
Annual -
Annual Per AC -
Total Expenses
Annual $99,999
Annual Per AC $9.99

PROPERTY FACTS

Price $1,120,000
Sale Type Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Hospitality
  • General Freestanding
  • Medical
Total Lot Size 4.28 AC
Opportunity Zone Yes
Zoning B2 - General commercial... most commercial uses allowed

1 LOT AVAILABLE

Lot

Price $1,120,000
Price Per AC $261,682.24
Lot Size 4.28 AC

4.28 ac Lot south side Armitage Drive Most likely use is lodging and/or retail Exc visibility from Hwy 385 and Hwy 51. Near USA Stadium which holds youth baseball tourneys 9 mo/yr. Armitage Dr is the only entry to 1,200+/-ac Big Creek Nature Area

  • Listing ID: 32002225

  • Date on Market: 6/3/2024

  • Last Updated:

  • Address: 7590 U.S. Highway 51, Millington, TN 38053

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