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Property profile & analytics
OFF-MARKET
Specialty properties

6368 Us 51 Hwy Millington, TN 38053

15,000 SF 4 ac lot Built 1980
Property ID
Property summary
AI-generated overview

This exceptional 15,000 sq ft, two-story building on a 4-acre lot in Millington, Tennessee, presents a unique investment opportunity. Located on Highway 51, between Millington and Memphis, this property offers high visibility and convenient access. Built in 1980 and recently renovated, the structure features a beautiful chapel, perfect for religious services and large gatherings. Multiple classrooms on both floors are ideal for educational programs, community activities, or even office space. A spacious gathering room provides ample space for meetings and events, complemented by a functional kitchen. The expansive 4-acre lot provides extensive parking, ensuring ample space for attendees. The property's recent renovations include new flooring and fresh paint, making it move-in ready. The property's versatile design and prime location make it suitable for a variety of uses, including religious services, community centers, educational facilities, or even a combination thereof. The APN is D0125 00591. The asking price is $1,300,000. This is a for sale by owner property. The address is 6368 US 51 HWY N, Millington, TN 38053.

Property profile
Verified
Property type Specialty properties
Year built 1980
Total area 15,000 SF
Lot 4 ac (174,240 SF)
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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