Financial
Distress signals
Property profile

15856 Hwy 51st S Millington, TN 38053

OFF-MARKET
Retail space
Property ID
US80-3012686
8,520 SF 1.18 ac lot Built 2015
Last sale Sep 2022 · $1,281,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$12k
Tax billed · 2022
Assessed value · 2023$426k
Assessed land$67k
Assessed improvement$360k
Effective rate2.87%

Value estimate

· Sep 2026
$1.14M
$1.02M – $1.25M
AI approach$1.18M
CAP approach$1.54M
Sales comparison$1.04M

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$71/SF
County average, outlier-cleaned · 88 recorded sales of this use type
Observed band · Q1–Q3$32 – $122
Qualifying comparables4

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionTIPTON

Location intelligence

Which uses thrive at this corner?
Best fit: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop11.1
Law Firm10.6
Hair Salon10.3

Location

15856 Hwy 51st S Millington, TN 38053
County assessor Recorded deeds · 1 transfer 4 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4659 Shelby, Millington, TN 38053-1907 $125,000 Dec 2024 4,700 SF
7994 Us Hwy 51st N, Millington, TN 38053-1909 $3,056,216 Dec 2024 14,376 SF
4641 Shelby, Millington, TN 38053-1951 $275,000 Sep 2024 8,317 SF
6599 Navy, Millington, TN 38053-2735 $1,662,200 Mar 2023 8,750 SF
7956 Austin Peay, Millington, TN 38053-5654 $1,272,144 Sep 2022 4,834 SF
4788 Navy, Millington, TN 38053-1927 $160,000 May 2022 6,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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