501 Jackson StTullahoma, TN 37388
- Healthcare properties
- 1,824 SF
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
- Healthcare properties
- Property subtype
- Medical offices
- 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.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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- Please email our support team at [email protected] and they will add the team member.
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