5928 Us Hwy 51stMillington, TN 38053

  • Office properties
  • 941 SF
Off market
$2,985,630 Estimated

Property Details for 5928 Us Hwy 51st

Year built
1956
Lot size
0.30 AC
Property size (Sq ft)
941 SF
Zone code
EMP
Property type
Office properties
Property subtype
Office buildings
APN
D01-36 - - -00022
APU
D013600022

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $135,583
    6.5%
    $125,154
    7%
    $116,214
  • Comparable approach

    Method
    Valuation
    Relative Method
    $73,360
    Geo Method
    $73,360
  • Alternative Use

    Use
    Valuation
    Residential
    $155,191
    Hospitality
    $142,154
    Educational
    $118,270
    Medical
    $122,338
    Retail
    $183,976
5928 Us Hwy 51st, Millington, Tennessee

Location Insight

City
Millington
County
Shelby
State
Tennessee
Latitude
35.2877
Longitude
-89.9667
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
$757
$5,720
$16,600
$22,320
-
$14,300
$41,500
$55,800

FAQs

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