644 Carriage House DrJackson, TN 38305

Property Details for 644 Carriage House Dr

Year built

1992

Lot size

1.40 AC

Property size (Sq ft)

6,848 SF

Zone code

B5

Property type

Retail properties

Property subtype

Turn key restaurants

APN

057055 07301

APU

5705507301

Description

This exceptional 6,848-square-foot restaurant building presents a unique investment opportunity in Jackson, Tennessee. Located at 644 Carriage House Drive, this single-tenant property sits on a sizable 1.4-acre lot, offering ample space and potential for expansion. The building is currently vacant, providing a blank canvas for a new culinary venture or a repositioning of an existing concept. Its strategic location offers high visibility, benefiting from proximity to a major 220,000-square-foot retail center and excellent access from Interstate 40 and Highway 45 Bypass, ensuring significant traffic flow and exposure to a large customer base. The property is zoned C, allowing for a variety of commercial uses. The address is 644 Carriage House Drive, Jackson, TN 38305, in Madison County. This is a rare chance to acquire a well-situated, substantial restaurant space in a thriving commercial area. The property's size and location make it ideal for a full-service restaurant or other high-traffic commercial use. The ample land provides opportunities for outdoor seating, parking expansion, or future development. This is a turnkey opportunity for an ambitious entrepreneur or established restaurant group seeking a prime location in a growing market. The property's visibility and accessibility from major roadways guarantee a strong foundation for success.

• CAP approach

  CAP return

  Valuation

  6%

  $2,301,002

  6.5%

  $2,124,002

  7%

  $1,972,287

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,345,353

  Geo Method

  $1,345,353

• Alternative Use

  Use

  Valuation

  Residential

  $1,791,675

  Hospitality

  $1,641,164

  Educational

  $1,365,430

  Medical

  $1,412,389

  Retail

  $2,124,002

Location Insight

City

Jackson

County

Madison

State

Tennessee

Latitude

35.6608

Longitude

-88.8506

CBSA code

27180

CBSA name

JACKSON, TN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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