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Financial
Distress signals
Property profile

7947 Us Hwy 51st N Millington, TN 38053

OFF-MARKET
Strip malls
Property ID
US80-1023047
29,183 SF 1.76 ac lot Built 1960
Last sale Jul 2021 · $740,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A retail property configured with approximately 2,887 square feet of available interior area, located adjacent to a NAPA Auto Parts store on Highway 51. The site provides parking facilities and visibility from Highway 51. The property is situated in a retail area with nearby businesses including Kroger, Big Lots, AutoZone, Walgreens, Goodwill, Dollar General, Family Dollar, and multiple quick-service and restaurant operators such as Sonic, Domino's, Wendy's, McDonald's, Krystal, Taco Bell, and…

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?
$14k
Tax billed · 2022
Assessed value · 2023$296k
Assessed land$126k
Assessed improvement$170k
Effective rate4.79%

Value estimate

· Oct 2026
$605k
$545k – $666k
AI approach$685k
Submarket $/SF estimate$523k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$89/SF
County average, outlier-cleaned · 254 recorded sales of this use type
Observed band · Q1–Q3$35 – $173
Qualifying comparables5

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 Firm13.0
Building Supply12.4
Wholesale Shop11.9

Location

7947 Us Hwy 51st N Millington, TN 38053-1901
County assessor Recorded deeds · 10 transfers 5 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 · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4837 Navy, Millington, TN 38053-2030 $850,000 May 2023 18,432 SF
4806 Navy, Millington, TN 38053 $675,000 Jun 2022 19,060 SF
8412 Us Hwy 51st N, Millington, TN 38053-1633 $5,605,000 Dec 2021 10,825 SF
8570 Us Hwy 51st N, Millington, TN 38053-1549 $3,178,000 Jul 2021 11,200 SF
8540 Us Hwy 51st N, Millington, TN 38053-1542 $10,650,000 Nov 2019 107,077 SF
8131 Us Hwy 51st N, Millington, TN 38053-1753 $650,000 Aug 2019 11,600 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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