$199,000

This 3.4 +/- acre wooded lot in Milan, Tennessee, offers a premier development opportunity with exceptional visibility and strategic positioning. Located just feet from Highway 45, the site benefits from a high traffic count of nearly 20,000 vehicles per day (per TDOT) and features 392 feet of road frontage, making it an ideal location for businesses requiring high exposure. The property is currently wooded, providing a natural buffer for new construction or the potential for timber harvesting. Essential infrastructure is already in place, with water, sewer, electricity, fiber, and gas available either on-site or directly across the street.

The property's M-1 (Light Industrial) zoning provides a flexible framework for a wide range of commercial and industrial ventures. Permitted uses include retail and wholesale sales for automotive, hardware, and building materials , as well as service-oriented businesses such as restaurants, truck terminals, and animal hospitals. The district also supports light manufacturing for products ranging from electronics and apparel to food processing.

All developments are subject to a site plan review by the Milan City Planning Comm. to ensure the project remains compatible with the surrounding area. Development standards within the M-1 district allow for significant scale, with structures permitted to reach up to six stories or 75 feet in height. The ordinance enforces 20-foot setbacks for front, rear, and side yards to maintain a professional site layout, though side yard requirements may adjust if the lot is adjacent to a residential district.

Future owners can join a thriving commercial corridor that includes major national neighbors like Walmart, Lowe's, and Starbucks, as well as local independent businesses such as Steve Marsh Ford and numerous local medical and professional offices, banks, retail shopping, restaurants, and more.

Call Jennifer at 731-414-9446 or Town & Country Realtors at 731-668-7000 for more information.