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    5569 Old Millington Rd Millington, TN 38053

    For Sale
    Contact for pricing

    Versatile Shop & Office Space Available

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    310
    This pre-engineered commercial building in Millington, Tennessee, presents a unique leasing opportunity. Located at 5569 Old Millington Road, the property offers a blend of office and shop space, ideal for a variety of businesses. The building features two framed offices, complete with bathrooms, and a dedicated reception area, providing a professional and functional workspace. The shop area is equipped with two overhead roll-up doors, facilitating easy access for loading and unloading of goods or equipment. The building sits on a lot with zero acres. The asking lease price is $2,000. This property is perfect for a contractor, small manufacturer, or any business requiring a combination of office and warehouse space. The convenient location in Millington offers easy access to major transportation routes, ensuring efficient logistics and accessibility for clients and employees. The building's layout is designed for optimal workflow and efficiency, maximizing the use of available space. The interior is ready for immediate occupancy, allowing businesses to quickly establish their operations. Serious inquiries are encouraged to schedule a viewing and explore the potential of this versatile commercial space. The square footage is not currently available. Lease only.

    Property Features for 5569 Old Millington Rd

    General Information

    Property type
    Other commercial real estate

    Building Details

    Year Built
    1987
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Wholesale Shop Auto Repair Shop Hotel & Motel Auto Parts Store HVAC Service Furniture Store Garden Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Millington
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.97018
    Latitude
    35.27817

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    FAQs

    What type of property is this?
    Commercial real estate - Versatile Shop & Office Space Available
    Where is this commercial real estate located?
    The property is located at 5569 Old Millington Rd Millington, TN.
    What is the asking price?
    The asking price for this property is $2,000.
    (901) 873-3312
    Request Owner's contact information
    5569 Old Millington Rd Millington, TN 38053
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5569 Old Millington Rd Millington, TN 38053
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