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Property profile & analytics
OFF-MARKET Estimated value $670,000
Commercial real estate

6040 Telecom Dr Milan, TN 38358-3447

10,500 SF 2 ac lot Built 1980
Entity Owned ~ Est. High Equity
Property ID
US80-1440630
Property summary
AI-generated overview

This exceptional 10,500-square-foot industrial property, located at 6040 Telecom Drive in Milan, Tennessee, presents a compelling investment opportunity. Situated on a generous two-acre lot, this versatile space offers significant potential for a variety of commercial uses. The building's substantial size allows for ample room for operations, storage, or a combination of both. Its location in Milan provides easy access to key transportation routes, facilitating efficient logistics and distribution. The asking price of $1,000,000 reflects the property's significant size, prime location, and the potential for strong returns on investment. The property is currently designated as "Other" in property type classification, allowing for a broad range of potential uses subject to local zoning regulations. Prospective buyers are encouraged to conduct their own due diligence to determine the suitability of the property for their specific needs and to verify all zoning and usage restrictions. This is a rare opportunity to acquire a substantial industrial property in a desirable location at a competitive price. The expansive lot size also offers potential for future expansion or development, adding further value to this already attractive offering. Serious inquiries are welcome. Contact us today to schedule a viewing and explore the possibilities.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1980
Construction FRAME
Total area 10,500 SF
Lot 2 ac (87,120 SF)
APN 140M A 01001
UPID US80-1440630
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
  • Skating Place Sports Field & Court
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$816k
Blend (final) Blend
$670k
Owner & transaction history
Gibbwright Holdings LLC
Gibbwright Holdings LLC
since 2025
Last sale
$600,000
4 recorded transactions
2025
$600,000
2018
Price N/A
2014
$275,000
1988
$210,544
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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