Financial
Distress signals
Property profile

6040 1st St Milan, TN 38358

OFF-MARKET
Warehouses
Property ID
US80-0668446
1,944 SF 1.4 ac lot Built 1955
Last sale Mar 2015 · $85,000
Individually Owned Owner of record is an individual. 11-yr Hold Held for 11 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 1.44-acre commercial lot presents a unique investment opportunity in Milan, Tennessee. Strategically located on Highway 45 E, this property boasts high visibility and excellent access for any commercial venture. The lot is level and currently zoned for commercial use, offering a blank slate for development. An existing building, previously used as a flower shop and originally a feed store, sits on the property. While the main building requires repairs, it retains original

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2023$14k
Assessed land$9k
Assessed improvement$5k

Value estimate

· Sep 2026
$75k
$68k – $83k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$21/SF
County average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$8 – $40

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionGIBSON

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply12.6
Wholesale Shop11.8
Spa & Massage11.3

Location

6040 1st St Milan, TN 38358-1722
County assessor Recorded deeds · 5 transfers Comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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