Property profile

6081 Us Hwy 51st N Millington, TN 38053

OFF-MARKET
Office buildings
Property ID
US80-3172057
624 SF 1.01 ac lot Built 1974
Individually Owned 4-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1974
Construction FRAME
Total area 624 SF
Lot 1.01 ac (43,908 SF)
Zoning code CMU-3
APN D01-36 - - -00027-C
UPID US80-3172057

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

6081 Us Hwy 51st N Millington, TN 38053-7840
Millington metro Census 20221 MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$110k

Owner & transaction history

since 2021
6 recorded transactions
2021
Price N/A
2021
$50,000
2020
Price N/A
2020
Price N/A
2020
$47,000
2009
Price N/A

Zoning & alternative use

CMU-3 · Millington, TN

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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