High-Visibility Commercial Lot for Sale in Gibson County, TN

Commercial Land for Sale in Milan, TN – 0.8 Acres on US Highway 45

Outstanding commercial development opportunity in the heart of Milan, Tennessee! Located at the signalized intersection of South First Street (US Highway 45) and Smith Street, this approximately 0.8-acre commercial property consists of two adjoining parcels being offered together.

Positioned along one of Milan’s primary commercial corridors, the property benefits from excellent highway visibility, convenient access to the surrounding business district, and approximately 13,500 vehicles traveling US Highway 45 daily, according to 2025 Tennessee Department of Transportation (TDOT) traffic counts.

With its prominent corner location, established commercial surroundings, and versatile B-2 zoning, this property presents an attractive opportunity for business owners, entrepreneurs, investors, and commercial developers seeking land in West Tennessee.

Commercial Property Highlights

• Location: Corner of South First Street (US Highway 45) and Smith Street, Milan, TN 38358
• Acreage: Approximately 0.8 acres (two adjoining parcels)
• Road Exposure: Prominent corner location along four-lane US Highway 45
• Traffic Signal: Located at a signal-controlled intersection
• Traffic Volume: Approximately 13,500 vehicles per day (2025 TDOT)
• Zoning: B-2 – Retail Business District, City of Milan
• Property Type: Vacant commercial land with mostly open, grassy terrain and mature trees
• Public Utilities: Water, sewer, electricity, natural gas, and fiber-optic internet reportedly available
• Development Potential: Retail, restaurant, office, automotive, and other commercial uses, subject to applicable approvals
• Community Landmark: Immediately in front of Johnnie Hale Stadium, Milan’s renovated sports and event venue

Excellent Location Near Established Milan Businesses

This commercial property is situated in an established business area of Milan, Tennessee, with convenient proximity to banking institutions, financial services, professional offices, government facilities, and other commercial establishments.

Notable nearby businesses and landmarks include:

• Regions Bank
• Huntington Bank (formerly BancorpSouth)
• Carroll Bank & Trust
• Cooper-Stover Wealth Advisors – Ameriprise Financial
• United States Post Office
• Bodkin Funeral Home
• Johnnie Hale Stadium

The property’s location directly in front of Johnnie Hale Stadium provides additional visibility and places it near a prominent community gathering destination.

B-2 Commercial Zoning – Numerous Permitted Business Uses

According to Section 11-602 of the Milan Zoning Ordinance, the property’s B-2 (Retail Business) zoning district provides for a broad range of commercial and institutional uses.

Retail Sales Opportunities

• Automobile sales and automobile parts
• Grocery stores, bakeries, and beverage stores
• Pharmacies and drugstores
• Hardware and home improvement retailers
• Furniture, flooring, and household appliance stores
• Sporting goods, marine equipment, and agricultural equipment sales
• Gift shops, florists, nurseries, and other specialty retailers

Professional and Commercial Services

• Restaurants and food-service establishments
• Banks and financial institutions
• Professional and business offices
• Medical clinics and veterinary clinics
• Barber shops and beauty salons
• Automobile repair and service facilities
• Hotels and motels
• Laundry and dry-cleaning establishments
• Other commercial services permitted by the zoning ordinance

Additional Permitted Uses

• Limited manufacturing or fabrication incidental to an on-site retail or service business, subject to ordinance limitations
• Churches and certain governmental uses
• Commercial advertising signs and structures, subject to municipal regulations

Prospective purchasers should consult the City of Milan regarding their intended business use, site development standards, access requirements, parking, signage, building permits, and any additional approvals.

Available Public Utilities Add to Development Appeal

Reported utility availability includes public water, public sewer, electricity, natural gas, and fiber-optic internet service. These services may provide important advantages when planning a new commercial establishment.

Utility connection locations, service capacities, availability, and applicable connection fees should be confirmed directly with the respective providers.

Invest in Commercial Real Estate in Milan, Tennessee

Milan is an established community in Gibson County, West Tennessee, with a mix of residential neighborhoods, retail establishments, professional services, and local industry.

For businesses seeking visibility along US Highway 45, this approximately 0.8-acre commercial corner property offers a compelling combination of highway exposure, nearby commercial activity, and flexible B-2 zoning.

Whether you’re considering a retail storefront, restaurant, professional office, automotive business, or another permitted commercial venture, this Milan, Tennessee commercial lot deserves your consideration.

Contact United Country Real Estate | Southern Lifestyle Properties to learn more about this commercial land opportunity in Milan, Gibson County, Tennessee, and arrange a property showing.

Property boundaries and acreage are approximate. Buyers should independently verify zoning, permitted uses, utility access, driveway approvals, and development feasibility.

About Milan, Tennessee

Milan, TN is a charming small town in West Tennessee known for its friendly community, quality schools, and affordable housing options. With a mix of historic homes, newer developments, and spacious lots, Milan offers great opportunities for homebuyers and investors alike. Its convenient location between Jackson and Memphis makes it ideal for those seeking a quieter lifestyle with easy access to city amenities. Whether you’re looking for homes for sale in Milan, TN or investment properties, the local real estate market offers something for everyone.

Contact Bradley Arnold – Southern Lifestyle Properties

Bradley Arnold is a seasoned real estate professional with over two decades of experience, specializing in niche properties like golf homes, equine estates, and luxury residences in West Tennessee. Growing up in a real estate family, Bradley’s deep knowledge of the local market, paired with five national designations, ensures expert guidance for buyers and sellers. Outside of real estate, he enjoys spending time with family, watching sports, and serving his community.