Commercial development opportunity in Milan, Tennessee! This 1-acre lot is located within Milan's M-1 Light Industrial Planning District and offers an excellent setting for a variety of potential business uses, including professional office, medical, service-related, or light industrial development, subject to applicable zoning requirements and approvals. The property is situated near a number of established businesses and community facilities, including Milan Medical Center, Milan Eye Clinic, Skating Place of Milan, the Milan Municipal Building, and other commercial businesses and professional offices. The site is ready for development with public utilities available at the street, including electric, natural gas, water, sewer, and fiber internet. Whether you are looking to establish a new business, expand an existing operation, or invest in commercial property, this manageable 1-acre site provides an attractive opportunity in Milan, one of West Tennessee's established business communities. Tennessee also has no state income tax on earned income. Buyers should verify intended use, utility availability, and all applicable zoning and development requirements with the appropriate authorities.
| MLS #: | 2603763 |
|---|---|
| List Price: | $150,000 |
| Property Type: | Land |
| Property Sub Type: | Commercial Lot |
| Status: | Active |
| Tax Annual Amount: | $423 |
| Lot Size Square Feet: | 43,560.0 |
| Lot Size Acres: | 1.0 |
| Waterfront?: | No |
| City: | Milan |
| County Or Parish: | Gibson |
| Postal Code: | 38358 |
| Lot Size Units: | Acres |
| State Or Province: | TN |
| Lot Features: | Level |
| Utilities: | Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Fiber Optic Available |
| Sewer: | Public Sewer |
| Status: | Active |
| Lot Size Area: | 1.0 |
| Water Source: | Public |
| Lot Size Dimensions: | 130 ft x 330 ft. |
| Parcel Number: | 140N C 021.06 |
| Road Frontage Type: | City Street |
| Road Responsibility: | Public Maintained Road |
| Special Listing Conditions: | Standard |
| Original List Price: | $150,000 |
| Zoning Description: | M-1 (Milan Planning Region) |
| Possession: | Close Of Escrow |
| Vegetation: | Cleared |
| Road Surface Type: | Asphalt |
| Basement YN: | No |
| General Property Information List Price/acre: | $150,000 |
| Contract Information Comp Sale Yn: | No |
| Elementary School District: | Milan School District |
| Land Details Greenbelt: | No |
| General Property Information Road Frontage Length: | 130 |
| Contract Information Restrictive Covenants Yn: | No |
| Contract Information Original Entry Timestamp: | 2026-08-09T11:11:01-05:00 |
| Location, Tax, And Legal School Tax: | $175 |
| Location, Tax, And Legal City Tax: | $148 |
| Location, Tax, And Legal County Tax: | $100 |
| Location, Tax, And Legal City Limits: | Yes |
Listing Courtesy of: Southern LifeStyle Properties
Listing Agent: Bradley V Arnold
731-431-9479
Mortgage Calculator
The data on this website relating to real estate for sale comes in part from the IDX Program of the Central West Tennessee Association of REALTORS®.
All information is believed accurate but not guaranteed. The properties displayed may not be all of the properties available through the IDX Program. Any use of this site other than by potential buyers or sellers is strictly prohibited.
© 2026 Central West Tennessee Association of REALTORS®.
Central West Tennessee Association of REALTORS® data last updated on November 04, 2026 04:46 PM - CT.
Property Last Updated: November 04, 2026 04:46 PM - CT
