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Property profile & analytics
OFF-MARKET
Estimated value
$7,195,000
Strip malls
Milton Wilson Rd Arlington, TN 38002
Entity Owned
Absentee Owner
Free & Clear
Property ID
US80-2871604
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2023
Construction
FRAME
Lot
3 ac (130,680 SF)
Zoning code
E
APN
A01-42 - - -00864
UPID
US80-2871604
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
$6.96M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.20M
Owner & transaction history
ARLINGTON DEVELOPMENT CO LLC · 1 yrs held
ARLINGTON DEVELOPMENT CO LLC
since 2025
Last sale
$7.3M
1 recorded transaction
Zoning & alternative use
E · Arlington, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The intent of the E, Estate Residential District, is to provide suitable areas for single-family residential development free from conflicting residential uses with the purpose of maintaining the rural atmosphere of the outlying areas of the Town. This area does not require extensive municipal services.
Zone name
Estate Residential District
General category
RESIDENTIAL
Zone area
6,584.53 ac
Source
Realmo
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 Arlington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Arlington 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
Method
Estimation
Statistic approach
$5,745,000
ML approach
$6,955,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$7.20M
Range $6.48M – $7.91M · ±10% · vs last sale $7.32M (Jun 25 2025)
Last sale anchor
$7.32M
Jun 25 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
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
$21,319
Tax year 2022
Assessed value
$456,520
Assessed 2023
Previous assessed
$261,320
+74.7% YoY
Effective rate
4.67%
On assessed value
Assessed land
$261,320
Assessed improvement
$195,200
Land market value
$653,300
Improvement market value
$488,000
Total market value
$1,141,300
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2023
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Lot
3 ac (130,680 SF)
Zoning code
E
APN
A01-42 - - -00864
UPID
US80-2871604
Jurisdiction
SHELBY
Zoning & alternative use
E · Arlington, TNZoning E · permitted uses
E · Arlington, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The intent of the E, Estate Residential District, is to provide suitable areas for single-family residential development free from conflicting residential uses with the purpose of maintaining the rural atmosphere of the outlying areas of the Town. This area does not require extensive municipal services.
Zone name
Estate Residential District
General category
RESIDENTIAL
Zone area
6,584.53 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2023
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
3 ac
Current owner
From public records · entity-resolved
ARLINGTON DEVELOPMENT CO LLC
Entity
Free & Clear · 1 yrs held
Mailing address
8888 MIDSOUTH DR #116, OLIVE BRANCH, MS 38654-2908
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 25, 2025
$7,317,500
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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.
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