For Sale
$350,000

15427 1St StMilan, TN 38358

11.6 Acres, Prime Location, High-Growth Area

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 11.6-acre commercial land parcel presents a remarkable investment opportunity in Milan, Tennessee. Located at 15427 S 1st St, this property boasts an enviable position directly adjacent to a Walmart, Hampton Inn, and Lowe's, ensuring high visibility and convenient access. The asking price is $350,000, translating to approximately $30,172 per acre. Its strategic location offers significant potential for a variety of commercial developments. The site's proximity to established retail giants and less than a mile from two new residential subdivisions creates a strong foundation for success. This prime location is ideal for a hotel, self-storage facility, restaurant, retail shopping center, or an apartment complex, catering to the growing residential and commercial needs of the area. The property's size and location make it an attractive prospect for developers seeking a high-impact investment in a thriving market. Gibson County's robust economy and strategic location further enhance the property's long-term value and potential for significant returns. This is a rare opportunity to acquire a substantial commercial land parcel in a high-demand area with exceptional visibility and access. The property is zoned for commercial use.

Highlights

  • ± 11.6 acres of prime commercial land available in Milan, TN.
  • Excellent location suitable for hotel, self-storage, restaurant, retail, or multifamily development.
  • Adjacent to Walmart, Hampton Inn, and Lowe's.
  • Less than one mile from two new residential subdivisions.
  • Asking price: $350,000 ($30,172/acre); Broker co-op available.

Property Details for 15427 1St St

Property type
Land
Lot Size (sq. ft)
505,296 SF

Location Insight

City
Milan
County
Gibson
State
Tennessee
Latitude
35.880233659609
Longitude
-88.748083906036
15427 1St St, Milan, Tennessee

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15427 1St St
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