342+/- Acres Motorsports Complex – Prime for Development Millington, TN

Property Location MAP

5500 Victory Lane
Millington, TN 38053

Property #: ATLAS26118

Contact Agent

T. Wyatt Mast
Tranzon Atlas

731-610-2256 wmast@tranzon.com

342+/- Acres Motorsports Complex – Prime for Development

  • Memphis International Speedway Property
  • 342± Acres - Large-Scale Development Opportunity.
  • Commercial Zoning - Supports a Wide Range of Uses.
  • Airport Adjacent – Joins Charles W. Baker Airport for Flexibility.
  • 4,400 Ft. Drag Strip - Established Motorsports Infrastructure. Partially Demoed Ready for Your Vision and Buildout
  • 3/4 Mile Oval Track - Hosted Multiple NASCAR Events.
  • Railroad Adjacent - Added Logistics and Distribution Potential.
  • Strategic Memphis Location - Great Access to I-40, I-269 & U.S. 51.
  • Existing Utilities - Water, Gas, Electric and Approved Sewer Access.
  • National Motorsports Legacy - Established Destination for Racing and Major Events.
  • Future Potential - Conceptual Plan for Large-Scale Logistics Development
  • Subject to Sale Prior to the Auction without Notice – Pre-Auction Offers Welcomed - Brokers Protected!
     
5500 Victory Lane presents a rare ±342-acre development opportunity in Millington, Tennessee, combining established motorsports infrastructure with significant industrial potential. The property features a quarter-mile drag strip, ¾ mile oval track, heavy-industrial zoning, rail access, existing utilities, and approved sewer access, along with conceptual plans supporting 4M+ SF of logistics development and 42+ MW of potential power capacity. Strategically located with access to I-40, I-269, and U.S. 51, the property offers scale and flexibility for motorsports, industrial, logistics, and investment uses.
 

Tranzon Asset Advisors, Tim Mast, TN Broker/Auctioneer #5252

The following summary of Terms & Conditions of Auction Sale is only intended to provide you a brief outline. For a complete copy, either download the Property Information Package, if available, or contact T. Wyatt Mast

T. Wyatt Mast: Tranzon Atlas

731-610-2256 wmast@tranzon.com

All bidders must agree to all of the Terms & Conditions of Auction Sale prior to bidding at any Tranzon auction. Listings may be withdrawn or modified without notice at anytime.

For general information on the auction process, please review the Frequently Asked Questions.

  • Buyer's Premium: 10% Buyers Premium based on the high bid.
  • Closing: 30-Day closing, sold in As-Is, Where-Is condition, no contingencies.
  • Deposit Amount: 10% deposit of the Total Sale Price in guaranteed funds.
  • Buyer Agent Compensation: 2% of the high bid will be paid to a properly registered buyer's agent at settlement.
  • Agency Disclosure: The member company acting as auctioneer/agent is an agent for the seller only.
  • Disclaimer: Information contained herein is believed to be correct to the best of auctioneer/agent's knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions. All square footage and other dimensions are approximate. This offering is subject to prior sale and may be withdrawn, modified or cancelled at any time without notice.

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