418 Baltimore StJackson, TN 38301
- Healthcare properties
- 2,686 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
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- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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