Ashmont – 3 Parcels on Canada Rd, Lakeland, TN

Canada Rd, Arlington Tennessee, 38002

Listing ID: CL-Tennessee-27598 Commercial Mixed Use Retail
Published on: Friday, April 24, 2026 | Updated on: Friday, April 24, 2026

Listing Summary

Premium Commercial Development Opportunity | Ashmont – 3 Parcels on Canada Rd, Lakeland, TN. High-Visibility Retail & Executive Office Land at the Gateway to Regional Growth

Full Description

Elevate your business presence in Lakeland, Tennessee, with three premier commercial parcels available within the highly anticipated Ashmont development. Strategically situated at the northwest corner of Canada Road and Davies Plantation Road, these strategic lots are positioned just off Interstate 40, offering an elite destination for retail, medical, and professional office users.

As one of the most dynamic submarkets in the Memphis metropolitan area, Lakeland is a hub for high-end residential growth and infrastructure expansion. Ashmont stands as a premier mixed-use destination, seamlessly blending sophisticated living with modern commercial opportunities.

Investment & Development Highlights

  • Three Shovel-Ready Parcels: Available to suit a variety of scales and commercial needs:

    • Parcel 1: 1.32 Acres

    • Parcel 2: 1.41 Acres

    • Parcel 3: 1.50 Acres

  • The Ashmont Mixed-Use Advantage: These parcels are part of the larger Ashmont Development, a master-planned community featuring:

    • Single-family homes and luxury townhomes.

    • Multi-family residential units.

    • Dedicated zones for Retail, Medical, Creative Office, and Hospitality.

  • Superior Regional Connectivity: * Located just off the Interstate 40 interchange for effortless access to Memphis and Nashville.

    • Minutes from the I-269 outer loop, enhancing logistics and commuter reach.

    • Approximately 22.7 miles from BlueOval City, Ford’s massive electric vehicle manufacturing campus, driving significant regional economic demand.

  • High-Traffic Visibility: Capture the attention of a massive daily audience with impressive traffic counts:

    • Interstate 40: 69,585 AADT

    • Canada Road: 10,431 AADT

  • Proximity to "The Lake District": Benefit from the synergy of nearby high-end retail and upscale amenities, making this a "main and main" location for the Lakeland/Arlington corridor.

Property Specifications

  • Property Type: Retail, Office, Medical

  • Sub-Type: Executive Office, Creative Office, Retail Pad

  • Tenancy: Multi-tenant or Single-user potential

  • Total Acreage Range: 1.32 to 1.50 Acres

  • Location: NWC Canada Rd & Davies Plantation Rd, Lakeland, TN 38002

Strategic Location Overview: Lakeland, Tennessee

For investors and developers searching for commercial land in Lakeland, TN, the Ashmont parcels represent a rare opportunity to enter a high-barrier-to-entry market. The site is perfectly suited for executive offices, creative workspaces, or boutique retail looking to serve an affluent, growing population.

With the explosive development of the surrounding area and the long-term impact of the BlueOval City project, these parcels offer both immediate visibility and long-term value appreciation. Whether you are developing a flagship medical clinic or a high-end retail center, Ashmont provides the infrastructure and demographic profile to ensure success.


 

Quick Glance

  • Listing ID: CL-Tennessee-27598
  • Status: Active
  • Year Build: N/A
  • Building Size: N/A
  • Lot Size: N/A

Complete Details

  • Heating and Cooling: Not Specified

Pricing Details

Additional Features

Features
  • Sub Type: Executive Office, Creative Office, Commercial
  • Tenancy: Multi
  • Acreage: 1.32 - 1.5
Highlights
  • 3 parcels available: 1.32 acres, 1.41 acres and 1.50 acres on Canada Rd in the Ashmont Development
  • Ashmont is a mixed-use development with single family homes, townhomes, multi-family, retail, medical, office and hospitality opportunities
  • Close proximity to The Lake District, Interstate 40, Interstate 269 and Blue Oval City (22.7 miles)
  • Traffic Counts (AADT): Interstate 40 (69,585) and Canada Rd (10,431)

Listing Location

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