Listing Summary
Strategic Commercial Development Opportunity: 53 Acres on Highway 196 | Gallaway, TN
Full Description
Unlocking massive potential in the rapidly expanding corridor of Gallaway, Tennessee, this expansive 53-acre commercial land offering represents a premier development opportunity. Strategically located on the north side of Interstate 40 at Highway 196, this site is positioned at the epicentre of a burgeoning economic hub, specifically curated for high-density commercial, retail, and hospitality ventures.
This expansive portfolio consists of 13 individual parcels totaling approximately 53 acres, situated immediately off Exit 28 of I-40. With the region experiencing an unprecedented industrial and residential surge, this land is a foundational asset for developers looking to capitalize on the "Blue Oval" effect.
A Master-Planned Commercial Destination
The property features a sophisticated conceptual site plan designed to maximize utility and ROI. The vision for this site includes:
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Retail & Shopping Centers: Ideal for large-scale anchors or boutique retail strips.
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Quick Service Restaurants (QSRs): High-visibility pads for national food and beverage brands.
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Hospitality Units: Perfect terrain for premium hotels catering to both interstate travelers and the influx of professional staff visiting the area’s new industrial sites.
Synergy and Strategic Proximity
One of the most compelling aspects of this Highway 196 land is its immediate neighbors. The site is nestled between a 13-acre multi-family residential development and a 28-acre proposed anchor development, both of which are currently under contract. This surrounding growth ensures a built-in customer base and high foot traffic from day one. Additionally, the property sits directly across from the Winstead Trade Center, a massive logistics and commerce hub boasting 3.2 million square feet.
The Blue Oval City Connection
Location is everything, and this site is positioned just 14.4 miles from Blue Oval City, Ford Motor Company’s revolutionary manufacturing campus. As Ford prepares to build its next generation of electric Ford F-Series trucks, the demand for commercial support services, lodging, and retail in this specific radius is projected to skyrocket.
Key Investment Highlights
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Total Acreage: 53± Acres across 13 versatile parcels.
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Unrivaled Visibility: Frontage and immediate access to I-40, which carries a staggering 44,490 AADT (Annual Average Daily Traffic).
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Growth Corridor: Located in the primary path of development between Memphis and the Blue Oval City project.
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Flexible Sub-Type: Zoned for Commercial use, supporting a wide variety of development phases.
Take advantage of this rare opportunity to secure a significant footprint in Gallaway’s future. Whether for a phased shopping center or a landmark hospitality project, this Highway 196 acreage offers the scale and visibility required for a successful long-term investment.
Quick Glance
- Listing ID:
CL-Tennessee-27603
- Status:
Active
- Year Build:
N/A
- Building Size:
N/A
- Lot Size:
53.00 Acre