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7608 U.S. 51 hwy - Armitage Drive Lot north side 3 Acres of Commercial Land Offered at $785,000 in Millington, TN 38053
INVESTMENT HIGHLIGHTS
- Great visibility from Hwy 385 (future I-269) and from US Hwy 51
- At the only entry to the 1,200 +/- Big Creek Nature Area with soccer fields, bike/walking trails and other amenities under development
- Near USA stadium which draws a lot of visitors to the area for youth baseball tournaments and athlete training
- Easy access from Hwy 51
EXECUTIVE SUMMARY
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 |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
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 | $785,000 | Property Subtype | Commercial |
| Sale Type | Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 3.00 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | B2 - General commercial uses | ||
| Price | $785,000 |
| Sale Type | Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 3.00 AC |
| Opportunity Zone |
Yes |
| Zoning | B2 - General commercial uses |
1 LOT AVAILABLE
Lot
| Price | $785,000 | Lot Size | 3.00 AC |
| Price Per AC | $261,666.67 |
| Price | $785,000 |
| Price Per AC | $261,666.67 |
| Lot Size | 3.00 AC |
3 acre lot N side Armitage Drive in NE quadrant of I-269/Hwy 385 @ Hwy 51. Suitable for development for lodging, retail, office Armitage Drive is the entry to the Big Creek Nature Area, 1,200+ ac of ball fields, walking/bike trails and natural areas
DESCRIPTION
3 ac lot for development near USA baseball stadium. Some fill required. This site fronts on US Hwy 51 adjacent to Paul Barrett Parkway, aka Hwy 385 (future I-269) Good visibility and easy access via Armitage Drive off Highway 51. USA Stadium 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. This lot also sits at the only entry to 1,200 +/- acre Big Creek Nature Area under development. When completed in Fall of 2025, it 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
Presented by
7608 U.S. 51 hwy - Armitage Drive Lot north side
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