2058 1stMilan, TN 38358

  • Commercial real estate
  • 3,312 SF
Off market
$5,580,950 Estimated

Property Details for 2058 1st

Year built
1966
Construction
FRAME
Lot size
0.56 AC
Property size (Sq ft)
3,312 SF
Property type
Commercial real estate
APN
140C E 02600
APU
140CE02600

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $857,993
    6.5%
    $791,994
    7%
    $735,423
  • Comparable approach

    Method
    Valuation
    Relative Method
    $258,204
    Geo Method
    $258,204
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $1,556,000
    Retail / Commercial
    $798,547
    Mixed-Use / Specialty
    $796,202
    Hospitality / Lodging
    $584,800
    Office
    $791,994
    Institutional / Educational
    $827,908
    Residential Income
    $968,652
    Multifamily
    $1,158,970
    Automotive / Energy
    $709,635
    Parking / Income-Based Land
    $244,391
    Restaurant / Food Service
    $415,181
    Healthcare / Senior Housing
    $815,976

Location Insight

City
Milan
County
Gibson
State
Tennessee
Latitude
35.9181
Longitude
-88.7556
CBSA code
27180
CBSA name
JACKSON, TN 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
0
-
$23,080
$63,720
$86,800
-
$57,700
$159,300
$217,000

FAQs

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Please email our support team at [email protected] and they will add the team member.
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