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Property profile

9040 Us Hwy 51st N Millington, TN 38053

OFF-MARKET
Retail space
Property ID
US80-0703312
8,000 SF 4 ac lot Built 2003
Last sale Jun 2025 · $725,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. 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?
$14k
Tax billed · 2022
Assessed value · 2023$292k
Assessed land$168k
Assessed improvement$124k
Effective rate4.79%

Value estimate

· Oct 2026
$280k
$252k – $308k
CAP approach$1.12M
Submarket $/SF estimate$1.10M

Realmo valuation models over county records and 30 qualifying comparable sales.

Recently sold

What actually traded nearby?
$90/SF
County average, outlier-cleaned · 376 recorded sales of this use type
Observed band · Q1–Q3$38 – $151
Qualifying comparables30

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: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply8.4
Carpet & Flooring Store8.1
HVAC Service7.7

Location

9040 Us Hwy 51st N Millington, TN 38053-4512
County assessor Recorded deeds · 5 transfers 30 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 · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4659 Shelby, Millington, TN 38053-1907 $125,000 Dec 2024 4,700 SF
4641 Shelby, Millington, TN 38053-1951 $275,000 Sep 2024 8,317 SF
6599 Navy, Millington, TN 38053-2735 $1,662,200 Mar 2023 8,750 SF
15856 Hwy 51st S, Millington, TN 38053 $1,281,500 Sep 2022 8,520 SF
7956 Austin Peay, Millington, TN 38053-5654 $1,272,144 Sep 2022 4,834 SF
4788 Navy, Millington, TN 38053-1927 $160,000 May 2022 6,000 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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