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Property profile & analytics
OFF-MARKET
Commercial real estate

6368 Us 51 Hwy Millington, TN 38053

Built 1980
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Commercial real estate
Year built 1980
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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