1270 Old Hwy 51stBrighton, TN 38011

  • Retail properties
  • 6,036 SF
Off market
$8,015,040 Estimated

Property Details for 1270 Old Hwy 51st

Year built
1959
Lot size
0.80 AC
Property size (Sq ft)
6,036 SF
Property type
Retail properties
Property subtype
Turn key restaurants
APN
084080N B 00201
APU
084080NB00201

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,028,161
    6.5%
    $1,872,149
    7%
    $1,738,424
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,185,828
    Geo Method
    $1,185,828
  • Alternative Use

    Use
    Valuation
    Residential
    $1,579,227
    Hospitality
    $1,446,564
    Educational
    $1,203,524
    Medical
    $1,244,915
    Retail
    $1,872,149
1270 Old Hwy 51st, Brighton, Tennessee

Location Insight

City
Brighton
County
Tipton
State
Tennessee
Latitude
35.4788
Longitude
-89.7373
CBSA code
32820
CBSA name
MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$1,100
-
-
-
-
$119,000
$402,900
$521,900

FAQs

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