Listing Summary
Massive Commercial Development Opportunity | 53 Acres on Highway 196, Gallaway, TN. Premier 13-Parcel Portfolio at I-40 Exit 28 – The Gateway to BlueOval City
Full Description
Strategically positioned on the north side of Interstate 40 at Highway 196, this expansive 53-acre commercial land assemblage represents one of the most significant development opportunities in the Memphis regional market. Located in Gallaway, Tennessee (Fayette County), this 13-parcel portfolio is perfectly primed to capture the explosive growth generated by the nearby BlueOval City, Ford’s massive next-generation electric vehicle manufacturing campus.
With direct proximity to major industrial hubs and high-density residential developments, this site is a "main and main" location for developers looking to establish a dominant retail, hospitality, or mixed-use footprint.
Investment & Development Highlights
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Substantial Scale & Flexibility: A total of 53± acres across 13 parcels, offering the rare ability to execute a large-scale master-planned project.
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Ready for Development: A conceptual site plan is already in place, showcasing high-value potential for:
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Regional Shopping Centers
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Quick Service Restaurants (QSRs) with drive-thru capabilities
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Flagship Hotels and extended-stay lodging
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Full-Service Dining & Entertainment
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The "BlueOval" Advantage: Located approximately 14.4 miles from BlueOval City, where Ford is set to produce its next generation of electric F-Series trucks. This facility is driving thousands of new jobs and an unprecedented demand for local commercial infrastructure.
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Strategic Neighbors & Built-in Traffic:
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Industrial Synergy: Directly across from the Winstead Trade Center, a premier logistics park featuring 3.2 million square feet of industrial space.
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Residential & Anchor Growth: The site is flanked by a 13-acre multi-family development and a 28-acre proposed anchor development, both of which are currently under contract.
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High-Volume Visibility: Unmatched exposure with I-40 traffic counts exceeding 44,490 AADT, plus significant local flow along Highway 196.
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Buc-ee's Proximity: Located near the highly anticipated Buc-ee’s travel center planned for the Exit 28 interchange, further solidifying this exit as a primary regional destination.
Property Specifications
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Property Type: Land
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Sub-Type: Commercial / Mixed-Use
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Total Acreage: 53.000 Acres (13 Parcels)
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Location: Highway 196 at I-40 (Exit 28), Gallaway, TN 38036
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Zoning: Commercial / Light Industrial potential
Location Overview: Fayette County Growth Corridor
As the Memphis metropolitan area expands eastward, Gallaway and the Highway 196 corridor have become the epicenter of new investment. The combination of Interstate 40 access, the massive scale of the Winstead Trade Center, and the proximity to Ford’s BlueOval City creates a "perfect storm" for commercial value appreciation.
For investors searching for commercial land in Gallaway, TN or large-scale development sites near Arlington and Memphis, this Highway 196 portfolio offers the size, visibility, and strategic positioning necessary to anchor a thriving commercial district.
Quick Glance
- Listing ID:
CL-Tennessee-27597
- Status:
Active
- Year Build:
N/A
- Building Size:
N/A
- Lot Size:
53.00 Acre