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Commercial For sale Land Commercial

53 Acres on Highway 196 | Gallaway, TN

Highway 196, Lakeland, Tennessee 38002

Price not disclosed
Listed Apr 27, 2026
53 acres
Lot

About this property

53 Acres on Highway 196 | Gallaway, TN is a land for sale in Lakeland, 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 27, 2026.

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:

  • Retail & Shopping Centers: Ideal for large-scale anchors or boutique retail strips.

  • Quick Service Restaurants (QSRs): High-visibility pads for national food and beverage brands.

  • 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

  • Total Acreage: 53± Acres across 13 versatile parcels.

  • Unrivaled Visibility: Frontage and immediate access to I-40, which carries a staggering 44,490 AADT (Annual Average Daily Traffic).

  • Growth Corridor: Located in the primary path of development between Memphis and the Blue Oval City project.

  • 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.


 

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, Lakeland, 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 27, 2026 and last updated on April 27, 2026.

Listing information

Listing ID
CL-Tennessee-27603
Published
Apr 27, 2026
Last updated
Apr 27, 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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