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Property profile & analytics
OFF-MARKET
Retail space
4772 Navy Rd Millington, TN 38053-1927
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US80-3372034
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1966
Total area
10,000 SF
Lot
1 ac (43,516 SF)
Zoning code
B-2
APN
M01-15I- -C-00003-C
UPID
US80-3372034
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
-
Primary Healthcare of Millington Medical Clinic
-
Veterans Evaluation Services Medical Clinic
-
People First Urgent & Primary Care - Millington Hospital
-
Brett Cornelius Physician
-
Hamad Ahmad Md Pc Pediatrician Physician
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
Navy Road Property LLC · 7 yrs held
Navy Road Property LLC
since 2019
7 recorded transactions
Zoning & alternative use
B-2 · 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
$6,344
Tax year 2022
Assessed value
$132,440
Assessed 2023
Previous assessed
$132,440
+0.0% YoY
Effective rate
4.79%
On assessed value
Assessed land
$34,200
Assessed improvement
$98,240
Land market value
$85,500
Improvement market value
$245,600
Total market value
$331,100
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1966
Heating
NONE
Cooling
NONE
Stories
1
Total area
10,000 SF
Lot
1 ac (43,516 SF)
Zoning code
B-2
APN
M01-15I- -C-00003-C
UPID
US80-3372034
Jurisdiction
SHELBY
Zoning & alternative use
B-2 · Millington, TN
Zoning B-2 · permitted uses
B-2 · 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
1966
Heating
NONE
Cooling
Yes
Stories
1
Lot
1 ac
Current owner
From public records · entity-resolved
Navy Road Property LLC
Entity
Mailing address
4772 NAVY RD, MILLINGTON, TN 38053-1927
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 22, 2019
—
Navy Road Property LLC
—
Deed
related
$427,500 · Bank Of America
Apr 30, 2019
—
Navy-road Property LLC
—
Deed
related
$427,500 · Bank Of America
Mar 21, 2019
$472,500
Navy Road Property LLC
Reba Phillips Hurt L Trust
Warranty Deed
$427,500 · Bank Of America
Aug 10, 2016
—
Hurt,reba P Living Trust
Hurt,charles G SR & Reba P
Quit Claim Deed
related
—
Aug 5, 2015
$227,500
Charles G Hurt
Regions Bk
Grant Deed
—
Mar 24, 2015
$450,000
Regions Bk
Smythe David M|lindsey Regina
Trustees Deed
related
—
Oct 22, 2010
—
Regina Lindsey
Cohen,stephen
Quit Claim Deed
related
$821,636 · Bancorp South Bank
Sep 17, 2009
—
Regina Lindsey
Cohen,stephen
Quit Claim Deed
related
—
Apr 14, 2004
$300,000
Regina S Cohen
Millington Realty Partners LP
Grant Deed
$840,000 · Bancorp South Bank
Dec 15, 1998
—
Millington Realty Partners LP
Haddad,celia A
Quit Claim Deed
related
—
—
—
Navy Road Property LLC
—
Deed Of Trust
related
$427,500 · Bank Of America
—
—
Navy-road Property LLC
—
Deed Of Trust
related
$427,500 · Bank Of America
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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