15423 1St St Milan, TN 38358
- Retail space
- 43,966 SF
- 4.73 lot acres
Current Use by Public Records
- FACTORY CONNECTION / Jeans Shop / Dress Store
- Cash Corral Milan / Loan Agency
- AT&T Store / Cell Phone Store / Cell Phone Accessory Store
- Dab City Tobacco & Vape / Tobacco Shop
- Shoe Show / Shoe Store / Fashion Accessories Store
Property Details for 15423 1St St
- Year built
- 2007
- Construction
- FRAME
- Lot size
- 4.73 lot acres
- Property size
- 43,966 SF
- Property type
- Retail space
- APN
- 143 07204
- APU
- 14307204
Description
This exceptional executive office opportunity is located within the Marketplace at Milan, a thriving retail and office complex in Gibson County, Tennessee. The property, situated at 1543 S First St, Milan, TN 38358, offers a total of 38,225 square feet of space, with a currently available contiguous block of 3,225 square feet. Smaller spaces are also divisible down to a minimum of 1,600 square feet, providing flexibility for businesses of various sizes. The building benefits from its strategic location as a Walmart shadow center, ensuring high visibility and significant foot traffic. This translates to excellent exposure for your business and easy access for clients and employees. The property is classified as both retail and office space, making it suitable for a wide range of commercial uses. Ample parking is available for tenants and their visitors, ensuring convenience and accessibility. The address is 15423 S First St, Milan, TN 38358. This presents a unique chance to establish a presence in a growing market area with excellent visibility and convenient access. The available space is ideal for businesses seeking a high-traffic location with ample parking and flexible space options. Don't miss this opportunity to secure your business's future in this prime location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $4,140,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $4,540,000
- 6.5%
- $4,655,000
- 7%
- $4,805,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $4,545,000
- Geo Method
- $5,260,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $4,345,000
- Retail
- $4,075,000
- Mixed-Use
- $4,480,000
- Hospitality
- $4,630,000
- Educational
- $5,010,000
- Residential Income
- $3,915,000
- Energy
- $4,940,000
- Income-Based Land
- $3,980,000
- Food Service
- $4,095,000
Location Insight
- Map
- Local Demand
- City
- Milan
- County
- Gibson
- State
- Tennessee
- Longitude
- -88.7463
- Latitude
- 35.8777
- CBSA code
- 27180
- CBSA name
- JACKSON, TN METROPOLITAN STATISTICAL AREA
