1179 2ndMilan, TN 38358

  • Retail space
  • 1,170 SF
Off market
$488,750 Estimated

Property Details for 1179 2nd

Year built
1930
Lot size
0.05 AC
Property size (Sq ft)
1,170 SF
Zone code
B3
Property type
Retail space
APN
140C N 00500
APU
140CN00500

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $393,133
    6.5%
    $362,892
    7%
    $336,971
  • Comparable approach

    Method
    Valuation
    Relative Method
    $229,857
    Geo Method
    $229,857
  • Alternative Use

    Use
    Valuation
    Residential
    $306,113
    Hospitality
    $280,398
    Educational
    $233,287
    Medical
    $241,311
    Retail
    $362,892

Location Insight

City
Milan
County
Gibson
State
Tennessee
Latitude
35.9192
Longitude
-88.7601
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
-
$2,200
$2,200
$4,400
-
$5,500
$5,500
$11,000

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