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Commercial For sale Land Commercial

53 Acres on Highway 196, Gallaway, TN

Highway 196, Arlington, Tennessee 38002

Price not disclosed
Listed Apr 24, 2026
53 acres
Lot

About this property

53 Acres on Highway 196, Gallaway, TN is a land for sale in Arlington, Tennessee. Key details: lot size 53 acres, property status Normal Sale, building status Existing. Listed by Shawn Massey CCIM, CRRP, ALC of TSCG - The Shopping Center Group on LoopingCloud and last updated April 24, 2026.

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

  • Substantial Scale & Flexibility: A total of 53± acres across 13 parcels, offering the rare ability to execute a large-scale master-planned project.

  • Ready for Development: A conceptual site plan is already in place, showcasing high-value potential for:

    • Regional Shopping Centers

    • Quick Service Restaurants (QSRs) with drive-thru capabilities

    • Flagship Hotels and extended-stay lodging

    • Full-Service Dining & Entertainment

  • 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.

     

  • Strategic Neighbors & Built-in Traffic:

    • Industrial Synergy: Directly across from the Winstead Trade Center, a premier logistics park featuring 3.2 million square feet of industrial space.

    • 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.

  • High-Volume Visibility: Unmatched exposure with I-40 traffic counts exceeding 44,490 AADT, plus significant local flow along Highway 196.

     

  • 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

  • Property Type: Land

  • Sub-Type: Commercial / Mixed-Use

  • Total Acreage: 53.000 Acres (13 Parcels)

  • Location: Highway 196 at I-40 (Exit 28), Gallaway, TN 38036

  • 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.


 

Key highlights

  • Traffic Count I-40 (44,490 Aadt)

Lending Opportunities

Connect with a mortgage professional to explore financing options and see what you may qualify for.

CompanyLender typeContactPhone
TheLoanProsTeam Mortgage Broker Roxanne Chung (754) 707-5877
Money Solutions, LLC Mortgage Broker Jennifer A. Judice (813) 431-5000

Property details

Key facts

Lot Size
53 acres
Property Status
Normal Sale
Building Status
Existing

Pricing details

Financing
Third Party Financing
Investment Property
Active investment property

Investment snapshot

Acquisition options

OptionAsking priceCap rateCommissionMonthly incomeOwnership
Purchase Only - - - - -

Features and amenities

Highlights

  • 13 Parcels Totaling 53± Acres for Sale Off Exit 28 of I-40
  • Conceptual Site Plan Includes Retail Parcels Available for a Shopping Center, Qsrs, Hotels and Restaurants
  • Land is Between a Multi-family Residential Development (13 Acres) and a Proposed Anchor Development (28 Acres), Both Currently Under Contract, and Across the Street From the Winstead Trade Center With 3.2m Sf
  • Approximately 14.4 Miles to Blue Oval City Where Ford Will Build the Next Generation of Electric Ford F-series Trucks
  • Traffic Count: I-40 (44,490 Aadt)

Location

Address as shown by the lister.

Get directions

About this area - Arlington

Population
17,709
Housing units
6,884
Land area
120.7 sq mi
County
Fayette

Neighborhood

Places shown on the map come from Google Maps and are near the property. Check details with each place before you rely on them.

Documents, links and contacts

Additional contacts

1 person to reach
  • Sidney Seale - sidney.seale@tscg.comRetail Specialist - License #: TN 372782 (901) 252-1039

Frequently asked questions

Where is 53 Acres on Highway 196, Gallaway, TN located?

The property is in Highway 196, Arlington, Tennessee 38002, Fayette County.

What type of property is this?

This is a land for sale in the commercial category.

How big is the property?

The lot is 53 acres.

Is financing available?

The lister indicates: Third Party Financing.

Who do I contact about this listing?

Shawn Massey CCIM, CRRP, ALC of TSCG - The Shopping Center Group listed this property. Use the Request Info button to send a message or call (910) 461-7070.

When was this listing published?

It was published on April 24, 2026 and last updated on April 24, 2026.

Listing information

Listing ID
CL-Tennessee-27597
Published
Apr 24, 2026
Last updated
Apr 24, 2026

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Disclaimer: LoopingCloud is a social listing portal that connects real estate professionals, service providers, buyers, and sellers. All property information, descriptions, availability, financial details, and any offerings are provided by the respective lister or service provider and are not independently verified by LoopingCloud.

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