367 Airways BlvdJackson, TN 38301

  • Commercial real estate
  • 4,800 SF
For Lease
$7.47/SF/YR View listing

Property Details for 367 Airways Blvd

Year built
1979
Construction
FRAME
Lot size
1.10 AC
Property size (Sq ft)
4,800 SF
Zone code
B4
Property type
Commercial real estate
APN
057077K A 01500
APU
057077KA01500

Description

This exceptional 6,540-square-foot warehouse, located at 367 Airways Boulevard in Madison County, presents a significant investment opportunity. The single-tenant property boasts a convenient location and features a spacious, 6,540-square-foot interior, perfect for various retail or industrial uses. The building is situated on a lot with ample parking, accommodating 30 vehicles. The structure itself is a one-story metal building with a corrugated steel roof. Inside, the warehouse features concrete slab and ceramic tile flooring. The office area, encompassing three offices, two restrooms, and a breakroom, benefits from electric air conditioning and suspended gas and central gas heating. Additional storage space is available above the offices. Access to the warehouse is provided by a ground-level entrance with a roll-up door and a man door. The building also features LED lighting and has recently received fresh exterior paint. The property is fully fenced and includes covered outdoor storage, adding further value and functionality. The property is zoned for general retail trade and is currently under a three-to-five-year lease. The APN is 077K A 015.00. This property offers a blend of modern amenities and practical design, making it an attractive option for a variety of businesses.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,255,847
    Hospitality
    $1,150,349
    Educational
    $957,077
    Medical
    $989,992
    Retail
    $1,488,786

Location Insight

City
Jackson
County
Madison
State
Tennessee
Latitude
35.6173
Longitude
-88.8355
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
2022
$1,315
$23,800
$13,960
$37,760
-
$59,500
$34,900
$94,400

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