Property summary
This exceptional Millington investment opportunity boasts a 7,520 square foot strip mall strategically located on M-15, offering 185 feet of prime road frontage. The property includes six tenant spaces, each equipped with a private bathroom, air conditioning, furnace, utility closet, and 200-amp electrical service. Currently enjoying 100% tenant occupancy for 2024, this property provides immediate and consistent income generation. Adding to its versatility, a substantial pole barn with electric service and a 10' x 14' roll-up door sits on the 3.97-acre lot, providing ample space for various uses, such as a contractor's yard or a mobile business base. The expansive yard space offers further potential for expansion or outdoor storage. The property's location on M-15 ensures high visibility and significant drive-by traffic. A potential added entrance off Willard Road is also a possibility. This turnkey investment is further enhanced by the availability of an additional 3 contiguous acres for purchase, presenting significant expansion opportunities. Buyer to verify all information.
Property profile
VerifiedCap rate & NOI
Current use
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Cafe & Coffee Shop
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Telecommunications Service Data Center
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Grocery & Convenience Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2020Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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