501 Jackson StTullahoma, TN 37388

Property Details for 501 Jackson St

Year built

1976

Lot size

0.14 AC

Property size (Sq ft)

1,824 SF

Zone code

C1

Property type

Medical offices

Property subtype

Medical centers

APN

016124J G 01700

APU

016124JG01700

Description

This exceptional commercial property presents a rare opportunity for development in the thriving city of Tullahoma, Tennessee. The offering encompasses two contiguous parcels, totaling 0.39 acres, providing ample space for a variety of commercial ventures. The property's strategic location at the corner of South Jackson Street and West Volney Street offers excellent visibility and accessibility, ensuring high traffic exposure for any business. The combined tax IDs for the parcels are 127C C 021.00 (501 S Jackson St) and 127C C 012.00 (105 W Volney St). This prime corner lot configuration, coupled with convenient side street access, makes it an ideal site for a wide range of commercial uses. The land is currently undeveloped, presenting a blank canvas for a new construction project tailored to specific business needs. The asking price for this exceptional opportunity is $279,900. Don't miss this chance to secure a highly desirable commercial property in a rapidly growing area. Serious inquiries are encouraged to explore the potential of this exceptional development site. The property is ready for immediate development, offering a streamlined path to establishing a successful business in a vibrant community.

• CAP approach

  CAP return

  Valuation

  6%

  $385,784

  6.5%

  $356,108

  7%

  $330,672

• Comparable approach

  Method

  Valuation

  Relative Method

  $297,111

  Geo Method

  $355,789

• Alternative Use

  Use

  Valuation

  Residential

  $441,574

  Hospitality

  $404,480

  Educational

  $336,522

  Medical

  $348,096

  Retail

  $523,479

Location Insight

City

Tullahoma

County

Coffee

State

Tennessee

Latitude

35.3657

Longitude

-86.2154

CBSA code

46100

CBSA name

TULLAHOMA, TN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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