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    7713 Us Highway 51 N Millington, TN 38053

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    For Lease
    $399,000

    Prime retail space in a well-connected Millington location.

    Property size:
    3,500 SF
    Lot size:
    1.18 Acres

    Property Features for 7713 Us Highway 51 N

    General Information

    Size
    3,500 SF
    Lot size
    1.18 Acres

    Source: NAI Saig Company - Memphis Agent Brian Califf

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in Millington Heart

    Located in Millington, this property is situated near dining options such as O'Charley's and Rizzo's Diner. Retail destinations including a Walmart Supercenter and the Millington Plaza Shopping Center are conveniently nearby. Navy Lake and Meeman-Shelby Forest State Park are also in proximity. The property offers 3,500 square feet of retail space.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Millington
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.9155947
    Latitude
    35.3371251

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    FAQs

    What type of property is this?
    Retail space - Prime retail space in a well-connected Millington location.
    Where is this retail space located?
    The property is located at 7713 Us Highway 51 N Millington, TN.
    What are key features of this property?
    This property features: - Prime location in the heart of Millington.; - Diverse dining options nearby, including O'Charley's and Rizzo's Diner.; - Convenient access to retail destinations like Walmart Supercenter and Millington Plaza Shopping Center.
    (901) 526-3100
    Request Owner's contact information
    7713 Us Highway 51 N Millington, TN 38053
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    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
    7713 Us Highway 51 N Millington, TN 38053
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