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Property profile & analytics
OFF-MARKET
Retail space
6003 Manner Frank Rd Milan, TN 38358-6386
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US80-3206847
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1978
Total area
4,479 SF
Lot
0.43 ac (18,731 SF)
APN
123 09000
UPID
US80-3206847
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
-
Needee Neighborhood Mart Gas Station
-
CLENNEYS Grocery & Convenience Store
-
U-Haul Neighborhood Dealer Car Rental 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
Maa Milan INC · 5 yrs held
Maa Milan INC
since 2020
Last sale
$416,000
7 recorded transactions
Zoning & alternative use
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 Milan submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Milan 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
Property tax & assessments
Assessed value
$55,240
Assessed 2023
Previous assessed
$55,240
+0.0% YoY
Assessed land
$3,200
Assessed improvement
$52,040
Land market value
$8,000
Improvement market value
$130,100
Total market value
$138,100
Applied tax rate
270,000,000.0000
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
1978
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Bathrooms
1
Total area
4,479 SF
Lot
0.43 ac (18,731 SF)
APN
123 09000
UPID
US80-3206847
Jurisdiction
GIBSON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1978
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
0.43 ac
Current owner
From public records · entity-resolved
Maa Milan INC
Entity
Mailing address
6003 MANNER FRANK RD, MILAN, TN 38358-6386
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 19, 2020
$416,000
Maa Milan INC
Niddhi INC
Warranty Deed
$291,000 · Niddhi INC
Feb 8, 2016
$310,000
Niddhi INC
True LLC
Warranty Deed
—
Dec 9, 2014
$225,000
True LLC
Kabiruddin M Gilani
Warranty Deed
$180,000 · First State Bank
Apr 5, 2014
—
Nadia Gilani
Gilani,kabiruddin M & Nadia
Quit Claim Deed
—
Apr 1, 2011
$11,500
Gilani,kabiruddin M
Powell,j W
Warranty Deed
$103,500 · Jw Powell
Sep 3, 2008
$200,000
Clenney,robert & Jennfer
Powell,j W
Deed In Lieu Of Foreclosure
—
Apr 14, 1998
$70,000
Robert Clenney
Clenney,robert
Grant Deed
related
—
—
—
Clenney,robert & Jennifer
—
Deed Of Trust
related
$200,619 · J W Powell
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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