Property profile

7873 Us Hwy 51st N Millington, TN 38053

OFF-MARKET
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Property ID
US80-1710650
10,401 SF 0.4 ac Built 1948
Last sale Aug 2009·$200,000
Individually Owned Owner of record is an individual. 15-yr Hold Held for 15 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

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?
$6k
Tax billed · 2022
Assessed value · 2023$116k
Assessed land$43k
Assessed improvement$73k
Effective rate4.79%

Value estimate

· Nov 2026
$210k
$189k – $231k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$100/SF
County average, outlier-cleaned · 265 recorded sales of this use type
Observed band · Q1–Q3$38 – $190

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 Firm12.0
Storage Facility9.5
Garden Center9.3

Location

7873 Us Hwy 51st N Millington, TN 38053-2227
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file 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 · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Millington, TN 38053 $130,000 Aug 2023 5,200 SF
4617 Navy, Millington, TN 38053-1944 $2,696,223 Apr 2022 5,400 SF
4700 Navy, Millington, TN 38053-1916 $285,000 Feb 2022 8,000 SF
6803 Ward, Millington, TN 38053-7433 $210,000 Dec 2019 11,400 SF
7850 Us Hwy 51st N, Millington, TN 38053-2269 $950,000 Dec 2018 11,688 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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Includes: Price & PSF · Cap rate · Location · Zoning

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