Realmo Analytics

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Property profile

15427 1st St Milan, TN 38358

OFF-MARKET
Commercial real estate
Property ID
US80-1748581
199,791 SF 24.55 ac lot Built 2006
Last sale Dec 2007 · $292,125
Entity Owned Owner of record is a legal entity (LLC / corporation). 18-yr Hold Held for 18 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 11.6-acre commercial land parcel presents a remarkable investment opportunity in Milan, Tennessee. Located at 15427 S 1st St, this property boasts an enviable position directly adjacent to a Walmart, Hampton Inn, and Lowe's, ensuring high visibility and convenient access. The asking price is $350,000, translating to approximately $30,172 per acre. Its strategic location offers significant potential for a variety of commercial developments. The site's proximity to…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?
Assessed value · 2023$2.56M
Assessed land$464k
Assessed improvement$2.09M

Value estimate

· Oct 2026
$25.45M
$22.90M – $27.99M
Submarket $/SF estimate$27.91M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$130/SF
ZIP average, outlier-cleaned · 26 recorded sales of this use type
Observed band · Q1–Q3$25 – $213

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.

JurisdictionGIBSON

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service8.7
Tailor Shop8.6
Storage Facility8.3

Location

15427 1st St Milan, TN 38358-6475
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Anderson, Milan, TN 38358 $100,000 Apr 2023 67,814 SF
3020 Van Hook, Milan, TN 38358 $250,000 Feb 2022 7,644 SF
4040 1st, Milan, TN 38358-1723 $350,100 May 2021 16,460 SF
2006 Moore, Milan, TN 38358-2630 $40,000 Apr 2021 6,705 SF
8060 Stinson, Milan, TN 38358-6390 $145,000 Mar 2021 15,976 SF
1st, Milan, TN 38358 $127,000 Jan 2020 6,409 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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