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Financial
Distress signals
Property profile

8053 Us Hwy 51st N Millington, TN 38053

OFF-MARKET
Strip malls
Property ID
US80-1215557
88,845 SF 13.81 ac lot Built 1982
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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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?
$136k
Tax billed · 2022
Assessed value · 2023$2.85M
Assessed land$882k
Assessed improvement$1.97M
Effective rate4.79%

Value estimate

· Oct 2026
$7.37M
$6.63M – $8.11M
Submarket $/SF estimate$9.80M

Realmo valuation models over county records.

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

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?
P-C
JurisdictionSHELBY

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply11.3
Storage Facility11.2
Garden Center10.7

Location

8053 Us Hwy 51st N Millington, TN 38053
County assessor Recorded deeds · not on file 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 · 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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