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Property profile & analytics
FOR SALE
Auto shops
7713 Us Highway 51 N, Millington, TN 38053
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US80-1278960
For Sale
1 / 2
$399,000
7713 Us Highway 51 N, Millington, TN 38053
View Listing →
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1973
Total area
3,330 SF
Lot
1.18 ac (51,401 SF)
Zoning code
B-2
APN
M01-15 - - -00679
UPID
US80-1278960
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Rl Assets LLC · 3 yrs held
Rl Assets LLC
since 2023
Last sale
$105,000
7 recorded transactions
Zoning & alternative use
B-2 · Millington, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Millington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Millington submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$2,117
Tax year 2022
Assessed value
$44,200
Assessed 2023
Previous assessed
$44,200
+0.0% YoY
Effective rate
4.79%
On assessed value
Assessed land
$32,680
Assessed improvement
$11,520
Land market value
$81,700
Improvement market value
$28,800
Total market value
$110,500
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
For Sale
Year built
1973
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
3,330 SF
Lot
1.18 ac (51,401 SF)
Zoning code
B-2
APN
M01-15 - - -00679
UPID
US80-1278960
Jurisdiction
SHELBY
Zoning & alternative use
B-2 · Millington, TN
Zoning B-2 · permitted uses
B-2 · Millington, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Millington. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1973
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
1.18 ac
Current owner
From public records · entity-resolved
Rl Assets LLC
Entity
Mailing address
5851 RDG BND RD STE #202, MEMPHIS, TN 38120-2016
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 14, 2023
$105,000
Rl Assets LLC
Gregory Beaschler
Warranty Deed
$96,000 · Planters Bank & Trust Co
Jan 3, 2023
—
Gregory Beaschler
Thomas E Martin
Quit Claim Deed
related
—
Apr 8, 2019
—
Gregory Beaschler
—
Deed
related
$104,372 · First Citizens Nat'l Bk
May 4, 2017
—
Gregory Beaschler
Beaschler,gregory
Quit Claim Deed
related
—
Sep 6, 2016
—
Greg L Beaschler
—
Deed
related
—
Sep 9, 2015
—
Greg L Beaschler
—
Trustees Deed
related
$40,000 · First St Bk
Jun 18, 2015
$105,000
Gregory L Beaschler
Bill South Motors INC
Warranty Deed
$85,616 · First St Bk
—
—
Gregory Beaschler
—
Deed Of Trust
related
$104,372 · First Citizens Nat'l Bk
—
—
Bill South Motors INC
—
Deed Of Trust
related
$10,000 · Trustmark National Bank
—
—
Greg L Beaschler
—
Loan Modification
related
—
—
—
Bill South Motors INC
—
Deed Of Trust
related
$100,000 · First State Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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