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Property profile & analytics
OFF-MARKET
Manufacturing properties
3638 Fite Rd Millington, TN 38053-8343
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US80-1594231
Property profile
Verified
Property type
Manufacturing properties
Use group
MILL (FEED, GRAIN, LUMBER, TEXTILE)
Year built
1975
Total area
28,850 SF
Lot
5.87 ac (255,828 SF)
Zoning code
IH
APN
D01-36 - - -00145
UPID
US80-1594231
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Saber steel Factory Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
3690 Fite Road LLC · 3 yrs held
3690 Fite Road LLC
since 2022
Last sale
$120,000
7 recorded transactions
Zoning & alternative use
IH · Millington, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Millington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Millington submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$6,084
Tax year 2022
Assessed value
$179,480
Assessed 2023
Previous assessed
$179,480
+0.0% YoY
Effective rate
3.39%
On assessed value
Assessed land
$46,040
Assessed improvement
$133,440
Land market value
$115,100
Improvement market value
$333,600
Total market value
$448,700
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
MILL (FEED, GRAIN, LUMBER, TEXTILE)
Status
Off-Market
Year built
1975
Heating
SPACE
Cooling
NONE
Stories
1
Units
1
Total area
28,850 SF
Lot
5.87 ac (255,828 SF)
Zoning code
IH
APN
D01-36 - - -00145
UPID
US80-1594231
Jurisdiction
SHELBY
Zoning & alternative use
IH · Millington, TN
Zoning IH · permitted uses
IH · Millington, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Millington. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1975
Heating
SPACE
Cooling
Yes
Stories
1
Units
1
Lot
5.87 ac
Current owner
From public records · entity-resolved
3690 Fite Road LLC
Entity
Mailing address
210 ESSEX AVE E, AVENEL, NJ 07001-2045
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 29, 2025
—
Saber Steel LLC
—
Deed
related
$482,000 · Simmons Bank
Nov 7, 2022
$120,000
3690 Fite Road LLC
Saber Steel LLC
Warranty Deed
—
Jun 22, 2021
—
Saber Steel LLC
—
Deed
related
$315,614 · Simmons Bank
Mar 25, 2020
—
Saber Steele LLC
—
Deed
related
$950,000 · First Com'l Bk
Jan 22, 2019
—
Saber Steele LLC
—
Trustees Deed
related
$500,000 · First Com'l Bk
Jan 18, 2019
—
Saber Steel LLC
Wright,keiven
Quit Claim Deed
related
—
May 4, 2018
—
Keiven Wright
—
Deed
related
$150,000 · Banktennessee
Apr 27, 2017
$350,000
Keiven Wright
Bbs Realty
Warranty Deed
—
Feb 13, 2017
—
James S Sartain
Council,joshua
Quit Claim Deed
related
—
Sep 6, 2011
—
Blocker Wallace & D Living Trust
Blocker,wallace E
Quit Claim Deed
related
—
Jan 7, 2011
—
Sartain James H Trust
Bbs Realty
Quit Claim Deed
related
—
—
—
Saber Steele LLC
—
Loan Modification
related
$950,000 · First Com'l Bk
—
—
Keiven Wright
—
Deed Of Trust
related
$150,000 · Banktennessee
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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