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Property profile & analytics
OFF-MARKET Estimated value $295,000
Auto shops

8141 Us Hwy 51st N Millington, TN 38053-1753

2,760 SF 0.9 ac lot Built 1997
Entity Owned 3-yr Hold Free & Clear
Property ID
US80-1153787
Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1997
Total area 2,760 SF
Lot 0.9 ac (39,204 SF)
Zoning code B-2
APN M01-15M- -H-00004
UPID US80-1153787
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
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$295k
Owner & transaction history
Valvoline LLC · 3 yrs held
Valvoline LLC
since 2023
Last sale
$325,000
7 recorded transactions
2023
$325,000
2021
Price N/A
2021
$78,435
2012
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
B-2 · Millington, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

14-702. B-2 General Commercial . The B-2 (General Commercial) District shall be considered a general highway oriented commercial-service oriented district. Within the areas designated B-2 (General Commercial) on the Zoning Map of the City of Millington, Tennessee, the following provisions shall apply. (1) Uses permitted. (a) Wholesale trade except scrap and…

Zone name General Commercial District
General category COMMERCIAL
Zone area 1,096.39 ac
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