Property profile

6646 Us Hwy 51st N Millington, TN 38053

OFF-MARKET
Strip malls
Property ID
US80-1533329
8,000 SF 0.63 ac lot Built 1995
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1995
Total area 8,000 SF
Lot 0.63 ac (27,530 SF)
Zoning code CA
APN M01-25 - - -00581
UPID US80-1533329

Cap rate & NOI

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

Location

6646 Us Hwy 51st N Millington, TN 38053-7805
Millington metro Census 20221 MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$195k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$195k

Owner & transaction history

since 2018
6 recorded transactions
2018
$250,000
2012
Price N/A
2005
$483,169
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

CA · 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 6646 Us Hwy 51st N?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message