Excellent development opportunity consisting of approximately 14.702 acres located on Shipp Road, just off Highway 51 in Millington. Featuring approximately 950 feet of road frontage along Shipp Road, the property offers substantial frontage and convenient access, making it an attractive site for potential subdivision or residential development. Water, sewer, and gas are available near the rear of the property, further enhancing the site’s development potential. With its acreage, extensive road frontage, access to nearby utilities, and strategic location in the growing Millington market, this property presents an outstanding opportunity for builders, developers, and investors seeking land for a future residential or subdivision development.
Vacant landProperty Type
14.7 acresLot Size
$34,014Price/Acres
Listed by Ethan Whitley• Crye-Leike, Inc., REALTORS
Adjacent zoning includes commercial and single-family
Home design
Property type: Land
Construction
No structures (vacant land)
Utilities
Electricity available
Public water
Public sewer
Sale and tax history for 5508 Shipp Rd
Sale History
Tax History
Date
Event
Price
Memphis Area Association of Realtors(R) MLS #10225517
Apr 19, 2026
Listed
$500,000
Year
Property tax
Land + Additions
Assessment*
2025
$1,108 (−7.5%)
$28,475
2024
$1,198
$28,475
Public record
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
14.6 Acres
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
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Year built
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Style
Vacant Land
County
Shelby County
APN
M0105 00219
Parking Spaces
—
Basement
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Accessible
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HOA Dues
—
Garage
—
Features
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Last updated by owner on Jun 16, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 111° expected this year, 21 days in 30 years
4/10 Wind Factor
17% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Millington, TN • 38053
Average low and high temperatures (°F)
45
29
56
36
71
49
77
56
78
62
89
71
92
75
89
68
84
65
77
54
64
46
53
38
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
100/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 25% for direct sun exposure in the zip code. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.9 hrs
6.7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 5508 Shipp Rd
$446,578
$53K under list price of $500K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $275K to $325K.