Investor opportunity in Milan, TN: Stabilized strip mall with established tenants including World Finance, Security Finance, and Cash Express — all in place for 15+ years. Strong in-place income with a cap rate over 7% (net of taxes and insurance). Proven tenancy, consistent cash flow, and low turnover make this a solid addition to any portfolio.
Active
$600,000
1056 E Van Hook St, Milan, TN 38358
0beds
--baths
5,130sqft
Est.:
Single Family Residence, Residential
Built in 2004
0.38 Acres Lot
$-- Zestimate®
$117/sqft
$-- HOA
What's special
- 46 days
- on Zillow |
- 125 |
- 4 |
Zillow last checked: 7 hours ago
Listing updated: April 26, 2025 at 11:57am
Listing Provided by:
Nawaf "John" Alashmali 731-554-3948,
EXIT Realty Blues City 731-554-3948
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 2823097
Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
Heating
- Central
Cooling
- Central Air
Appliances
- Included: None
Features
- Flooring: Other
- Basement: Slab
- Has fireplace: No
Interior area
- Total structure area: 5,130
- Total interior livable area: 5,130 sqft
- Finished area above ground: 5,130
Property
Features
- Levels: One
- Stories: 1
Lot
- Size: 0.38 Acres
Details
- Parcel number: 140D C 00900 000
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence, Residential
Materials
- Other
Condition
- New construction: No
- Year built: 2004
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Water Available
Community & HOA
HOA
- Has HOA: No
Location
- Region: Milan
Financial & listing details
- Price per square foot: $117/sqft
- Tax assessed value: $401,100
- Annual tax amount: $5,647
- Date on market: 4/25/2025
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