7936 Us Hwy 51stMillington, TN 38053

  • Retail properties
  • 2,634 SF
Off market
$5,740,800 Estimated

Property Details for 7936 Us Hwy 51st

Year built
1976
Construction
FRAME
Lot size
0.57 AC
Property size (Sq ft)
2,634 SF
Zone code
B-2
Property type
Retail properties
Property subtype
Drive through restaurants
APN
M01-15I- -D-00003
APU
M0115ID00003

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $557,891
    6.5%
    $514,976
    7%
    $478,192
  • Comparable approach

    Method
    Valuation
    Relative Method
    $517,474
    Geo Method
    $517,474
  • Alternative Use

    Use
    Valuation
    Residential
    $434,402
    Hospitality
    $397,910
    Educational
    $331,056
    Medical
    $342,442
    Retail
    $514,976
7936 Us Hwy 51st, Millington, Tennessee

Location Insight

City
Millington
County
Shelby
State
Tennessee
Latitude
35.3427
Longitude
-89.9078
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
$5,171
$51,800
$56,160
$107,960
-
$129,500
$140,400
$269,900

FAQs

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