Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

8356 Us Hwy 51st N Millington, TN 38053

OFF-MARKET
Strip malls
Property ID
US80-0992738
17,850 SF 1.73 ac lot Built 2005
Last sale Apr 2004 · $158,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 20-yr Hold Held for 20 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
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?
$32k
Tax billed · 2022
Assessed value · 2023$670k
Assessed land$166k
Assessed improvement$504k
Effective rate4.79%

Value estimate

· Oct 2026
$370k
$333k – $407k
Submarket $/SF estimate$2.31M

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: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service9.5
Kitchen & Bath9.0
Plumbing Service9.0

Location

8356 Us Hwy 51st N Millington, TN 38053
County assessor Recorded deeds · not on file 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
5103 Easley, Millington, TN 38053-2107 $144,000 Mar 2023 6,288 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
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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 8356 Us Hwy 51st N?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again