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    Property profile & analytics

    5501 Miller Ln Christiana, TN 37037-5613

    • Grocery and convenience stores
    • 9,907 SF
    • 8.80 lot acres
    OFF-MARKET
    Value Estimation
    $7,800,000
    Last Sale
    Oct 28, 2024
    $7,750,000
    Location Intelligence
    Property ID
    US80-2548576
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Grocery and convenience stores

    Property Details for 5501 Miller Ln

    Year built
    1972
    Lot size
    8.80 lot acres
    Property size
    9,907 SF
    Property type
    Grocery and convenience stores
    APN
    156-021.01-000
    APU
    15602101000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $7,750,000

    • CAP approach

      CAP return
      Estimation
      6%
      $8,090,000
      6.5%
      $7,400,000
      7%
      $8,065,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $8,420,000
      Geo Method
      $6,550,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $9,010,000
      Retail
      $8,710,000
      Mixed-Use
      $8,755,000
      Hospitality
      $8,720,000
      Educational
      $8,925,000
      Residential Income
      $7,000,000
      Energy
      $8,750,000
      Income-Based Land
      $8,950,000
      Food Service
      $7,975,000

    Location Insight

    • Map
    • Local Demand
    City
    Christiana
    County
    Rutherford
    State
    Tennessee
    Longitude
    -86.3182
    Latitude
    35.7221
    CBSA code
    34980
    CBSA name
    NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $8,381
    $255,960
    $190,720
    $446,680
    -
    $639,900
    $476,800
    $1,116,700

    Comparable in this City

    • Value Estimation
      $275,000
      2,100 SF

      5855 Shelbyville Pike

      CONVENIENCE STORE • 2,100 SF
      5855 Shelbyville Pike, Christiana, TN 37037-5339
      View Details
    • Value Estimation by Request
      1,350 SF

      1226 Church St

      RETAIL STORES (PERSONAL SERVICES) • 1,350 SF
      1226 Church St, Christiana, TN 37037-6010
      View Details
    • Value Estimation
      $355,000
      8,980 SF

      5676 Epps Ml Rd

      RETAIL STORES (PERSONAL SERVICES) • 8,980 SF
      5676 Epps Ml Rd, Christiana, TN 37037-5638
      View Details
    • Value Estimation
      $540,000
      16,000 SF

      130 Capital Way

      SHOW ROOM, WAREHOUSE • 16,000 SF
      130 Capital Way, Christiana, TN 37037-6640
      View Details
    • Value Estimation by Request
      3,108 SF

      7011 Main St

      RETAIL STORES (PERSONAL SERVICES) • 3,108 SF
      7011 Main St, Christiana, TN 37037-5529
      View Details
    • Value Estimation
      $595,000
      9,230 SF

      5854 Shelbyville Pike

      RETAIL STORES (PERSONAL SERVICES) • 9,230 SF
      5854 Shelbyville Pike, Christiana, TN 37037-5338
      View Details

    Similar Nearby for Sale

    • $305,000
      5.01 Acres

      5-Acre Lot in Christiana, TN

      Flat, mostly cleared 5-acre lot in desirable Christiana, Tennessee.
      N Lovvorn Rd, Christiana, TN 37037
      View Details
    • $279,900

      Residential Lot with Septic System

      Private building lot with existing septic system for three-bedroom home.
      6685 Williams Rd, Christiana, TN 37037
      View Details
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    5501 Miller Ln
    Christiana, TN 37037-5613
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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