For Sale
$1,700,000

12533 1St St Milan, TN 38358

High-traffic US 45 location, 5.5 acres

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional 5.5-acre commercial land parcel, totaling 239,580 square feet, presents a rare development opportunity in Milan, Tennessee. Strategically located on US Highway 45, a four-lane highway extending from the Gulf of Mexico to the Great Lakes, this property boasts unparalleled visibility and accessibility. The site currently includes an existing car sales office with a large shop, a 3,750 square foot rental space previously used for firecracker sales, and 65 mini storage units, offering immediate income potential or redevelopment options. This is one of only two buildable properties situated between McDonald's and Walmart in Milan, ensuring high traffic volume and strong brand recognition. The land is divided into three convenient tracts, providing flexibility for various development scenarios. This prime location offers significant potential for a wide range of commercial ventures, capitalizing on the high traffic count and strategic positioning along a major transportation artery. The asking price for this exceptional property is $1,700,000. Don't miss this chance to secure a prominent commercial presence in a thriving Tennessee market. The property is located at 12533 S 1st St, Milan, TN 38358, in Gibson County.

Highlights

  • $1,700,000 asking price.
  • 5.5-acre commercial land parcel.
  • Located in Milan, TN, on US Highway 45, between McDonald's and Walmart.
  • Includes existing improvements: car sales office with shop, 3,750 sq ft rental space, and 65 mini-storage units.
  • High-traffic location on a four-lane highway.

Property Details for 12533 1St St

Property type
Land

Location Insight

City
Milan
County
Gibson
State
Tennessee
Latitude
35.8927631
Longitude
-88.7499833

FAQs

What type of property is this?
Land - High-traffic US 45 location, 5.5 acres
Where is the land located?
The property is located at 12533 1St St Milan, TN.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: $1,700,000 asking price.; 5.5-acre commercial land parcel.; Located in Milan, TN, on US Highway 45, between McDonald's and Walmart.
How can I contact the broker?
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12533 1St St
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