7± Acres of Prime Commercial Land - Milan, TN Exceptional commercial opportunity at the corner of Highway 45 and Highway 187 in Milan, Tennessee. This 7± acre tract boasts high traffic counts, prime corner visibility, and excellent accessibility—ideal for retail, restaurant, convenience store, or hotel development. With strong frontage along US Highway 45, a major north-south corridor, this site offers superior exposure and flexible site design options. Positioned in a growing market with both local and regional traffic, it's a perfect fit for investors or businesses seeking a high-profile Gibson County location. Location: Corner of Hwy 45 & Hwy 187, Milan, TN Size: 7± acres Highlights: Prime corner visibility, hotel/retail potential, high traffic counts, development-ready All information is deemed accurate but is not warranted by the seller, agent or company. This document is to be used as reference only and is not a valid part of the Sales Agreement between the Buyer and the Seller.
| MLS #: | 2504639 |
|---|---|
| List Price: | $2,250,000 |
| Property Type: | Land |
| Property Sub Type: | Unimproved Land |
| Status: | Active |
| Tax Annual Amount: | $7,093 |
| Lot Size Square Feet: | 304,920.0 |
| Lot Size Acres: | 7.0 |
| Waterfront?: | No |
| City: | Milan |
| County Or Parish: | Gibson |
| Postal Code: | 38358 |
| Lot Size Units: | Acres |
| State Or Province: | TN |
| Lot Features: | Corner Lot |
| Utilities: | Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Fiber Optic Available |
| Sewer: | Public Sewer |
| Status: | Active |
| Lot Size Area: | 7.0 |
| Water Source: | Public |
| Lot Size Dimensions: | 256x450x307x238 |
| Parcel Number: | 143 044.00 and 045.005 |
| Road Frontage Type: | City Street, Highway |
| View?: | No |
| Road Responsibility: | Public Maintained Road |
| Special Listing Conditions: | Standard |
| Original List Price: | $2,250,000 |
| Zoning Description: | B-4 |
| Possession: | Close Of Escrow |
| Road Surface Type: | Asphalt |
| Basement YN: | No |
| General Property Information List Price/acre: | $321,429 |
| Contract Information Comp Sale Yn: | No |
| Documents: | Aerial Photo |
| Elementary School District: | Milan School District |
| General Property Information Road Frontage Length: | 256,905 |
| Contract Information Original Entry Timestamp: | 2025-09-25T16:43:25-05:00 |
| Location, Tax, And Legal School Tax: | $2,933 |
| Location, Tax, And Legal City Tax: | $2,479 |
| Location, Tax, And Legal County Tax: | $1,682 |
| Location, Tax, And Legal City Limits: | Yes |
Listing Courtesy of: Hickman Realty Group, Inc.-Mil
Listing Agent: Scott Beasley
731-571-4300
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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
