Hwy 51Millington, TN 38053
- Retail properties
- 5,956 SF
Off market
$15,268,550 Estimated
Property Details for Hwy 51
- Year built
- 2006
- Lot size
- 1.52 AC
- Property size (Sq ft)
- 5,956 SF
- Zone code
- P-C
- Property type
- Retail properties
- Property subtype
- Turn key restaurants
- APN
- M01-15 - - -00952
- APU
- M011500952
Valuation
by Realmo methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,261,503
- 6.5%
- $1,164,464
- 7%
- $1,081,288
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,170,111
- Geo Method
- $1,170,111
-
Alternative Use
- Use
- Valuation
- Residential
- $982,269
- Hospitality
- $899,753
- Educational
- $748,584
- Medical
- $774,329
- Retail
- $1,164,464
Hwy 51, Millington, Tennessee
Leaflet | © OpenStreetMap contributors
Location Insight
- City
- Millington
- County
- Shelby
- State
- Tennessee
- Latitude
- 35.359
- Longitude
- -89.8924
- CBSA code
- 32820
- CBSA name
- MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$40,479
$278,280
$566,800
$845,080
-
$695,700
$1,417,000
$2,112,700
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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