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    6368 Us 51 Hwy Millington, TN 38053

    For Sale
    $1,230,000

    Spacious Chapel, Classrooms, Ample Parking

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This stunning two-story chapel, situated on a sprawling four-acre lot at 6368 US 51 Hwy in Millington, Tennessee, presents a unique investment opportunity. The property offers a versatile space ideal for a variety of uses, including religious services, educational programs, or community events. The main chapel area is perfect for large gatherings and ceremonies, while multiple classrooms on both floors provide ample space for smaller group meetings or educational activities. A fully equipped kitchen is conveniently located for catering events or preparing meals for community gatherings. The property boasts abundant parking, ensuring easy access for attendees. The building has recently undergone renovations, including the installation of new flooring and a fresh coat of paint throughout, making it move-in ready. The expansive four-acre lot provides ample room for future expansion or outdoor activities. This exceptional property offers a blend of functionality and aesthetic appeal, making it an attractive investment in a desirable location. The property's size and features make it suitable for a wide range of uses, providing significant potential for growth and return on investment. The convenient location on US 51 Hwy ensures high visibility and accessibility. This is a rare opportunity to acquire a well-maintained, versatile property with significant potential. The asking price is $1,230,000.

    Property Features for 6368 Us 51 Hwy

    General Information

    Property type
    Other commercial real estate

    Building Details

    Year Built
    1980
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Millington
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.95341
    Latitude
    35.29934

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    FAQs

    What type of property is this?
    Commercial real estate - Spacious Chapel, Classrooms, Ample Parking
    Where is this commercial real estate located?
    The property is located at 6368 Us 51 Hwy Millington, TN.
    What is the asking price?
    The asking price for this property is $1,230,000.
    (901) 767-8770
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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
    6368 Us 51 Hwy Millington, TN 38053
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