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Property profile

2822 Fite Rd Millington, TN 38053

OFF-MARKET
Warehouses
Property ID
US80-1726135
40,336 SF 10.31 ac lot Built 1973
Last sale Dec 2021
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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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 · 2022

What does the county charge?
$9k
Tax billed · 2022
Assessed value · 2023$264k
Assessed land$44k
Assessed improvement$220k
Effective rate3.39%

Value estimate

· Oct 2026
$560k
$504k – $616k
AI approach$560k
Submarket $/SF estimate$842k

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$42/SF
County average, outlier-cleaned · 569 recorded sales of this use type
Observed band · Q1–Q3$21 – $68
Qualifying comparables11

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?
IH
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 Service8.7
Auto Repair Shop8.5
Furniture Store8.2

Location

2822 Fite Rd Millington, TN 38053
County assessor Recorded deeds · 4 transfers 11 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4701 Jack Huffman, Millington, TN 38053 $300,000 Jun 2025 73,655 SF
3037 Lucy, Millington, TN 38053-7813 $250,000 Mar 2025 10,000 SF
5577 Victory, Millington, TN 38053 $928,000 May 2023 137,600 SF
3638 Fite, Millington, TN 38053-8343 $120,000 Nov 2022 28,850 SF
4668 Shelby, Millington, TN 38053-1908 $600,000 Oct 2022 25,000 SF
3690 Fite, Millington, TN 38053-8343 $200,000 Sep 2020 20,325 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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