Property profile

8251 Us Hwy 51st N Millington, TN 38053

OFF-MARKET
Drive through restaurants
Property ID
US80-1960322
2,434 SF 0.49 ac lot Built 1998
Entity Owned 6-yr Hold Free & Clear
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Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1998
Total area 2,434 SF
Lot 0.49 ac (21,388 SF)
Zoning code P-C
APN M01-15 - - -00795
UPID US80-1960322

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

8251 Us Hwy 51st N Millington, TN 38053-1707
Millington metro Census 20210 MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$295k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

since 2020
Last sale
$330,000
2 recorded transactions
2023
Price N/A
2020
$330,000

Zoning & alternative use

P-C · Millington, TN

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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