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    6040 1st St Milan, TN 38358-1722
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    Property profile & analytics

    6040 1st St, Milan, TN 38358-1722

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    • Warehouses
    • 1,944 SF
    • 1.40 lot acres
    Off-Market
    Property ID
    US80-0668446
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 6040 1st St

    Year built
    1955
    Lot size
    1.40 lot acres
    Property type
    Warehouses
    APN
    123 05100
    APU
    12305100

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Mar 1, 2021 — Trent Capps — Deed · related $100k · Greenfield Banking Company
    Mar 17, 2015 $85,000 Trent Capps Morris Ernest & Joy Warranty Deed —
    Mar 9, 2010 $42,000 Morris,ernest & Joy Morris,tony Warranty Deed · related $18k · Tony R Morris
    Feb 12, 2007 — Morris,tony Morris,phelicia J Quit Claim Deed · related —
    Dec 19, 2002 $45,000 Phelicia Morris Jones,margie & M Grant Deed —

    Description

    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 oak floors, hinting at the property's historical character. The building's structure presents a chance for adaptive reuse or complete demolition to make way for new construction. The possibilities are vast, ranging from retail spaces to light industrial uses, perfectly suited to capitalize on the high-traffic location. This property is ideal for investors seeking a prime location with significant potential for return. The level terrain simplifies development, minimizing site preparation costs. Don't miss this chance to acquire a highly visible commercial property in a growing area. The property's size and location make it an attractive proposition for a variety of commercial uses. Serious inquiries are encouraged.


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    Location Insight

    • Map
    • Local Demand
    City
    Milan
    County
    Gibson
    State
    Tennessee
    Longitude
    -88.763
    Latitude
    35.936
    CBSA code
    27180
    CBSA name
    JACKSON, 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
    0
    $0.00
    $9,160
    $5,320
    $14,480
    -
    $22,900
    $13,300
    $36,200
    More about this property
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