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Property profile

7866 Us Hwy 51st N Millington, TN 38053

OFF-MARKET
Retail space
Property ID
US80-0699853
3,040 SF 0.41 ac lot Built 1955
Last sale Jun 2021 · $275,000
Individually Owned Owner of record is an individual. 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$4k
Tax billed · 2022
Assessed value · 2023$92k
Assessed land$37k
Assessed improvement$55k
Effective rate4.79%

Value estimate

· Oct 2026
$225k
$203k – $248k
AI approach$225k

Realmo valuation models over county records and 21 qualifying comparable sales.

Recently sold

What actually traded nearby?
$90/SF
County average, outlier-cleaned · 376 recorded sales of this use type
Observed band · Q1–Q3$38 – $151
Qualifying comparables21

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B-2
The intent of this district is to provide retail services, along with personal and business services
General categoryCOMMERCIAL
JurisdictionSHELBY

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm11.4
Storage Facility9.4
Garden Center9.2

Location

7866 Us Hwy 51st N Millington, TN 38053-2269
County assessor Recorded deeds · 2 transfers 21 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4751 Navy, Millington, TN 38053-1903 $700,000 Dec 2024 2,440 SF
9112 Austin Peay, Millington, TN 38053-4808 $1,000,000 May 2024 3,360 SF
7765 Us Hwy 51st N, Millington, TN 38053 $1,875,000 Mar 2024 3,492 SF
7534 Watkins, Millington, TN 38053-6957 $1,450,000 Oct 2022 3,331 SF
4790 Navy, Millington, TN 38053-1927 $160,000 May 2022 3,500 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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