Financial
Distress signals
Property profile

8553 Us Hwy 51st N Millington, TN 38053

OFF-MARKET
Auto shops
Property ID
US80-2997345
2,178 SF 1.8 ac lot Built 2022
Last sale Oct 2021 · $850,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property at 8553 US-51 in Millington, Tennessee is an automotive service facility with two separate operating areas: an oil-change component of 2,208 square feet and a tire-center component of 3,293 square feet, for a total building area of 5,501 square feet. The improvements were constructed in 2022 and are situated on a 0.86-acre site. The facility is configured and equipped to provide automotive maintenance and related services, including oil changes and mechanical service, as well as…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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?
$27k
Tax billed · 2022
Assessed value · 2023$570k
Assessed land$307k
Assessed improvement$263k
Effective rate4.79%

Value estimate

· Sep 2026
$695k
$626k – $765k
AI approach$655k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$100/SF
County average, outlier-cleaned · 265 recorded sales of this use type
Observed band · Q1–Q3$38 – $190
Qualifying comparables3

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

What can be built here?
B-2
The intent of this district is to provide retail services, along with personal and business services
General categoryCOMMERCIAL
JurisdictionSHELBY

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service9.8
Building Supply9.6
Electrical Service9.5

Location

8553 Us Hwy 51st N Millington, TN 38053-1528
County assessor Recorded deeds · 2 transfers 3 qualifying comp sales Zoning catalog

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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5036 Navy, Millington, TN 38053-2112 $2,599 Jul 2022 1,960 SF
5734 Hwy 51st N, Millington, TN 38053 $70,000 Oct 2021 2,735 SF
6817 Ward, Millington, TN 38053-7433 $210,000 Dec 2019 2,400 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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