418 Baltimore StJackson, TN 38301

  • Healthcare properties
  • 2,686 SF
For Sale
$199,999 View listing

Property Details for 418 Baltimore St

Year built
1966
Lot size
133.00 AC
Property size (Sq ft)
2,686 SF
Zone code
B4
Property type
Healthcare properties
Property subtype
Medical offices
APN
057078P H 01200
APU
057078PH01200

Description

This exceptional 2,500 square foot office building presents a unique opportunity for redevelopment in the heart of Jackson, Tennessee. Located at 418 E Baltimore St, the property boasts a significant advantage: a substantial parking lot on a 0.4-acre lot, a rare find in this desirable downtown area. The building's interior has been completely gutted, providing a blank canvas for a modern and efficient office space tailored to your specific needs. This presents a cost-effective approach to creating a customized workspace, eliminating the expense and disruption of demolition. The asking price of $199,999 offers a compelling investment opportunity for developers, businesses seeking a prominent location, or investors looking for a high-return project. The property's central location provides easy access to local amenities, businesses, and transportation routes, making it an ideal choice for a variety of commercial ventures. The substantial parking lot ensures ample space for employees and clients, a significant benefit in a bustling urban setting. This is a chance to acquire a prime piece of Jackson real estate with significant potential for growth and profitability. Don't miss this chance to shape the future of a key downtown location. Contact us today to schedule a viewing and explore the possibilities.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $613,962
    6.5%
    $566,735
    7%
    $526,254
  • Comparable approach

    Method
    Valuation
    Relative Method
    $209,401
    Geo Method
    $209,401
  • Alternative Use

    Use
    Valuation
    Residential
    $702,751
    Hospitality
    $643,716
    Educational
    $535,564
    Medical
    $553,983
    Retail
    $833,100
418 Baltimore St, Jackson, Tennessee

Location Insight

City
Jackson
County
Madison
State
Tennessee
Latitude
35.6131
Longitude
-88.8155
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
$2,162
$11,320
$50,720
$62,040
-
$28,300
$126,800
$155,100

FAQs

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