4700 Navy Rd Millington, TN 38053-1916
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JCB Automotive Auto Repair Shop
14-702. B-2 General Commercial . The B-2 (General Commercial) District shall be considered a general highway oriented commercial-service oriented district. Within the areas designated B-2 (General Commercial) on the Zoning Map of the City of Millington, Tennessee, the following provisions shall apply. (1) Uses permitted. (a) Wholesale trade except scrap and…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
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Property description
Physical attributes from public recordsZoning & alternative use
B-2 · Millington, TN14-702. B-2 General Commercial . The B-2 (General Commercial) District shall be considered a general highway oriented commercial-service oriented district. Within the areas designated B-2 (General Commercial) on the Zoning Map of the City of Millington, Tennessee, the following provisions shall apply. (1) Uses permitted. (a) Wholesale trade except scrap and waste materials wholesale and auto junk yards wholesale (b) Retail trade. (i) Retail trade- building materials, hardware, and farm equipment 14-72 (ii) Retail trade - general merchandise (iii) Retail trade - food (iv) Retail trade- automotive, marine craft, aircraft and accessories, except auto junk yards (v) Retail trade - apparel and accessories (vi) Retail trade - furnitur e, home furnishing and equipment (vii) Retail trade - eating and drinking (viii) Other retail trade (c) Services. (i) Finance, insurance and real estate services (ii) Personal services (iii) Business services - excluding warehousing and storage services (iv) Personal storage, when such storage is a subordinate use on the same lot as the principal use. Subordinate use shall mean the use shall occupy less square footage than the principal use. In addition, the following conditions must be met: (A) Access to the storage units shall be through an individual interior door only. Exterior doors shall only allow access to the interior of the building; (B) The following uses will be specifically prohibited: (1) Food products storage. (2) Agricultural products storage. (3) Automobile, boats, and motor vehicles storage. (4) Sales. (5) Use as a work area. (6) Commercial warehousing by 3rd party. (7) Flammable products storage or explosive products. (C) All storage shall be lo cated within the personal building. (v) Repair services except tire retreading. (vi) Professional services. (vii) Contract construction services. (viii) Educational services. (ix) Miscellaneous services. (x) Mini-storage facilities fo r use by the public, provided the following conditions are met: (A) Any lot on which a mini-storage facility is located shall be not less than 3 acres; and 14-73 (B) Plans for any mini-storage facility shall be subject to review and approval by the Millington Planning Commission. (xi) Veterinary hospital or clinic, small animal. (d) Amusements. (e) Recreational activities. (f) Transient lodging. (i) Motels. (ii) Tourist courts. (iii) Hotels. (g) Public uses, including but not limited to municipal, state, or federal uses such as schools, museums, office buildings and utilities. (h) Educational services. (i) Miscellaneous services.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.