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    Sanders Store Rd Milan, TN 38358

    • Land
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Sanders Store Rd

    Property type
    Land

    Description

    This exceptional 7-acre property, located at 0 Sanders Store Road in Milan, Tennessee, presents a unique dual-use opportunity. Zoned for both commercial and residential development, this expansive 313,632 square foot lot offers unparalleled flexibility. Situated just outside the Milan city limits in Gibson County, zip code 38358, it provides the peace and quiet of rural living while maintaining convenient access to city amenities. The land is ready for immediate development, making it ideal for a variety of projects. Imagine building your dream home on this tranquil acreage, enjoying the privacy and natural beauty while avoiding city taxes. Alternatively, the commercial zoning opens doors for entrepreneurial ventures. The property's size and location make it a highly attractive investment, offering significant potential for future growth and return. With its strategic location and versatile zoning, this property is a rare find in the Milan area. The asking price is $87,000. Coordinates: Latitude 35.9126455, Longitude -88.7770244.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Milan
    County
    Gibson
    State
    Tennessee
    Longitude
    -88.777
    Latitude
    35.9126

    Comparable in this City

    • Value Estimation by Request
      17.88 Acres

      19 Farrow Ln

      Multifamily properties • 1,980 SF
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      Herbert Neal Rd

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      0.82 Acres

      458 Laneview-Concord Rd

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      458 Laneview-Concord Rd, Milan, TN 38358
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    • Value Estimation by Request
      13.60 Acres

      Middle Rd

      Land • 13.60 Acres
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    • Value Estimation by Request

      Van Hook St

      Land
      0 Van Hook St, Milan, TN 38358
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    • Value Estimation by Request
      2,492 SF

      1013 Main St

      Individual retail properties • 2,492 SF
      1013 Main St, Milan, TN 38358
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    Similar Nearby for Sale

    • Contact for pricing
      0.82 Acres

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    • New
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    • $440,000
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      Prime Development Land in Milan

      28.43 acres in Milan, TN, with development and investment potential.
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    • $1,700,000
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      74.40 Acres

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    Similar Nearby for Lease

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      Adaptable retail space with ample parking and brand exposure.
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      294,425 SF

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    Sanders Store Rd
    Milan, TN 38358
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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
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