8612 N US 51 Millington, TN 38053

$1,600,412
8612 N US 51, Millington, TN 38053
10018126

Commercial Property for sale in Millington, TN

for $1,600,412. This building was built in 1987 on a lot size of 113.05 X 753.

Property Information

  • $1,600,412
  • Commercial
  • Taxes are $16,312
  • Retail
  • Active
  • 1 Floors
  • Lot size of 113.05 X 753
  • Built in 1987
  • Millington, TN
  • Shelby County
  • MLS/Web ID is 10018126

Description

This is 4.01 acres of prime commercial real estate located on the corner of Hwy 51 and Veterans Pkwy. Currently 9, 000 square foot building on the lot w/ 4 other buildings, all can remain or be removed. Surrounded by nationwide food chains, shopping centers, and hotels. Only seconds from Lowes and Wal-Mart Super Center. This Grand location has an option to buy another 760 linear foot of road frontage on Veterans Pkwy next door at an additional +/- $570, 000. https://youtu.be/4NQzsEFqums

Interior 4

Basement

  • Other

Cooling System

  • Central Heat and Cool

Heating Source

  • Gas

Heating System

  • Central Heat
  • Electric
  • Hot Water Heater: Electric

Exterior 2

Parking

  • Covered Parking

Road Frontage

  • US Highway

Miscellaneous 2

Commercial

  • Inventory Included
  • Sale Includes Building & Land

Location

  • Corner Lot
  • Other
  • Shopping Mall / Center

† Excluded Feature

Listed By

Broker: JASCO, REALTORS

8612 N US 51 , Millington, TN, 38053 is a Commercial Property for sale at $1,600,412 with a lot size of 113.05 X 753. 8612 N US 51 has 0.0 baths and was built in 1987. The property's zip code is 38053 which is in Millington, TN

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Pricing History

Date Price Price Change Description
5/31/2018 $1,600,412 -3.56 % Price Change
2/13/2018 $1,659,412 -9.52 % Price Change
1/8/2018 $1,834,093 Listed Price

Market Pricing

Average % of sale price Median % of sale price
All listings in Millington $336,217 79 % below $256,750 84 % below
Commerical listings in Millington $573,777 64 % below $407,450 75 % below

Get the facts about Millington, TN!

Population 11,303
Population Growth (since 2000) -8 %
Median Income $48,947
Median Age 38.76
Households w/ Children 28 %

Residential Dwellings

  • Owned 2551
  • Vacant 468
  • Rented 1815

Similar Listings

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or Call us at 1-800-839-1363