3010 Greystone SqJackson, TN 38305

  • Office properties
  • 1,370 SF
For Lease
$16/SF/YR View listing

Property Details for 3010 Greystone Sq

Year built
2009
Lot size
0.03 AC
Property size (Sq ft)
1,370 SF
Property type
Office properties
Property subtype
Other office properties
APN
057043I G 02500
APU
057043IG02500

Description

This exceptional 2,050 square foot medical office space, part of a larger 6,200 square foot building at 3010 Greystone Square in Jackson, Tennessee, is now available for lease. Located in the Memphis submarket, this single-story, Class B building boasts a newly renovated interior (2021) and offers a convenient single-tenant occupancy option. The space features a reception area, waiting room, two private offices, two restrooms, a kitchen area, and ample storage. The building, constructed in 2008, sits on one acre of land and offers seven parking spaces for tenants and visitors. The high ceilings (9 feet) create a spacious and comfortable environment. The property is zoned for general office use and is ideal for medical practices or other professional businesses. The minimum divisible space is 2,050 square feet, which is also the maximum contiguous space available. Property taxes are $3 per square foot. The asking rent is $16 NNN per square foot, totaling $19.50 per square foot, resulting in a monthly rent of $3,331 for the 2,050 square foot space. This prime location in Madison County, Tennessee, offers easy access to major roadways and amenities.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $313,153
    6.5%
    $289,064
    7%
    $268,417
  • Comparable approach

    Method
    Valuation
    Relative Method
    $106,805
    Geo Method
    $106,805
  • Alternative Use

    Use
    Valuation
    Residential
    $358,440
    Hospitality
    $328,329
    Educational
    $273,166
    Medical
    $282,560
    Retail
    $424,924
3010 Greystone Sq, Jackson, Tennessee

Location Insight

City
Jackson
County
Madison
State
Tennessee
Latitude
35.6863
Longitude
-88.8283
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
$2,379
-
$68,240
$68,240
-
-
$170,600
$170,600

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