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Commercial For sale Retail Mixed Use

Ashmont – 3 Parcels on Canada Rd, Lakeland, TN

Canada Rd, Arlington, Tennessee 38002

Price not disclosed
Listed Apr 24, 2026
Normal Sale
Property Status
Existing
Building Status

About this property

Ashmont – 3 Parcels on Canada Rd, Lakeland, TN is a retail for sale in Arlington, Tennessee. Key details: 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.

Elevate your business presence in Lakeland, Tennessee, with three premier commercial parcels available within the highly anticipated Ashmont development. Strategically situated at the northwest corner of Canada Road and Davies Plantation Road, these strategic lots are positioned just off Interstate 40, offering an elite destination for retail, medical, and professional office users.

As one of the most dynamic submarkets in the Memphis metropolitan area, Lakeland is a hub for high-end residential growth and infrastructure expansion. Ashmont stands as a premier mixed-use destination, seamlessly blending sophisticated living with modern commercial opportunities.

Investment & Development Highlights

  • Three Shovel-Ready Parcels: Available to suit a variety of scales and commercial needs:

    • Parcel 1: 1.32 Acres

    • Parcel 2: 1.41 Acres

    • Parcel 3: 1.50 Acres

  • The Ashmont Mixed-Use Advantage: These parcels are part of the larger Ashmont Development, a master-planned community featuring:

    • Single-family homes and luxury townhomes.

    • Multi-family residential units.

    • Dedicated zones for Retail, Medical, Creative Office, and Hospitality.

  • Superior Regional Connectivity: * Located just off the Interstate 40 interchange for effortless access to Memphis and Nashville.

    • Minutes from the I-269 outer loop, enhancing logistics and commuter reach.

    • Approximately 22.7 miles from BlueOval City, Ford’s massive electric vehicle manufacturing campus, driving significant regional economic demand.

  • High-Traffic Visibility: Capture the attention of a massive daily audience with impressive traffic counts:

    • Interstate 40: 69,585 AADT

    • Canada Road: 10,431 AADT

  • Proximity to "The Lake District": Benefit from the synergy of nearby high-end retail and upscale amenities, making this a "main and main" location for the Lakeland/Arlington corridor.

Property Specifications

  • Property Type: Retail, Office, Medical

  • Sub-Type: Executive Office, Creative Office, Retail Pad

  • Tenancy: Multi-tenant or Single-user potential

  • Total Acreage Range: 1.32 to 1.50 Acres

  • Location: NWC Canada Rd & Davies Plantation Rd, Lakeland, TN 38002

Strategic Location Overview: Lakeland, Tennessee

For investors and developers searching for commercial land in Lakeland, TN, the Ashmont parcels represent a rare opportunity to enter a high-barrier-to-entry market. The site is perfectly suited for executive offices, creative workspaces, or boutique retail looking to serve an affluent, growing population.

With the explosive development of the surrounding area and the long-term impact of the BlueOval City project, these parcels offer both immediate visibility and long-term value appreciation. Whether you are developing a flagship medical clinic or a high-end retail center, Ashmont provides the infrastructure and demographic profile to ensure success.


 

Key highlights

  • Tenancy Multi
  • Acreage 1.32 - 1.5

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

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

Property Features

  • Sub Type: Executive Office, Creative Office, Commercial
  • Tenancy: Multi
  • Acreage: 1.32 - 1.5

Highlights

  • 3 parcels available: 1.32 acres, 1.41 acres and 1.50 acres on Canada Rd in the Ashmont Development
  • Ashmont is a mixed-use development with single family homes, townhomes, multi-family, retail, medical, office and hospitality opportunities
  • Close proximity to The Lake District, Interstate 40, Interstate 269 and Blue Oval City (22.7 miles)
  • Traffic Counts (AADT): Interstate 40 (69,585) and Canada Rd (10,431)

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) 252-103

Frequently asked questions

Where is Ashmont – 3 Parcels on Canada Rd, Lakeland, TN located?

The property is in Canada Rd, Arlington, Tennessee 38002, Fayette County.

What type of property is this?

This is a retail for sale in the commercial category.

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-27598
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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