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Property profile & analytics
OFF-MARKET
Auto shops
9370 Us Hwy 51st N, Millington, TN 38053-4520
Individually Owned
15-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US80-0422293
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1958
Total area
1,425 SF
Lot
12.43 ac (541,625 SF)
Zoning code
B-2
APN
M01-06 - - -00173-C
UPID
US80-0422293
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Billy R Arnold · 15 yrs held
Billy R Arnold
since 2010
7 recorded transactions
Zoning & alternative use
B-2 · Millington, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Millington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Millington submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$2,630
Tax year 2022
Assessed value
$54,915
Assessed 2023
Previous assessed
$54,915
+0.0% YoY
Effective rate
4.79%
On assessed value
Assessed land
$13,675
Assessed improvement
$41,240
Land market value
$47,200
Improvement market value
$139,700
Total market value
$186,900
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1958
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
1
Rooms
6
Bathrooms
2
Total area
1,425 SF
Lot
12.43 ac (541,625 SF)
Zoning code
B-2
APN
M01-06 - - -00173-C
UPID
US80-0422293
Jurisdiction
SHELBY
Zoning & alternative use
B-2 · Millington, TN
Zoning B-2 · permitted uses
B-2 · Millington, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Millington. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1958
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Rooms
6
Bathrooms
2
Lot
12.43 ac
Current owner
From public records · entity-resolved
Billy R Arnold
Individual
Mailing address
471 JOE JOYNER RD, MUNFORD, TN 38058-9647
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 13, 2018
—
Billy R Arnold
—
Deed
related
—
Apr 3, 2017
—
Billy R Arnold
—
Trustees Deed
related
$38,000 · First Citizens Nat'l Bk
Feb 22, 2017
—
Billy R Arnold
—
Deed
related
—
Feb 6, 2015
—
Billy R Arnold
—
Trustees Deed
related
$395,000 · First Citizens Nat'l Bk
Sep 30, 2010
$170,000
Billy R Arnold
Oates Gerald W
Grant Deed
$136,000 · First Citizens National Bank
Mar 14, 2007
—
Gerald W Oates
—
Trustees Deed
related
$70,000 · First State Bank
—
—
Billy R Arnold
—
Loan Modification
related
—
—
—
Billy R Arnold
—
Loan Modification
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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