1911 Highland AveJackson, TN 38301

Property Details for 1911 Highland Ave

Year built

1965

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.20 AC

Property size (Sq ft)

2,552 SF

Zone code

B5

Property type

Retail properties

Property subtype

Grocery and convenience stores

APN

057109A A 00100

APU

057109AA00100

Description

This exceptional 1-acre commercial land parcel presents a unique investment opportunity in Jackson, Tennessee. Located at the highly visible hard corner of 1911 S. Highland Ave, this property offers unparalleled exposure to a substantial daily traffic volume. The 4,500 square foot building is suitable for multiple tenants, providing flexibility for various retail, office, or mixed-use development plans. Its prime location in a bustling area ensures high foot traffic and excellent accessibility, making it an ideal site for businesses seeking maximum visibility and customer reach. The property's zoning allows for a range of commercial uses, providing investors with considerable development options. This is a rare chance to acquire a strategically positioned commercial property in a thriving market, offering significant potential for long-term growth and return on investment. The address is 1911 S. Highland Ave, Jackson, TN 38301. This property is zoned for commercial use and offers significant potential for a variety of businesses. The existing building provides immediate income potential or can be easily renovated or redeveloped to suit a new tenant's needs. Don't miss this opportunity to own a piece of prime Jackson real estate.

• CAP approach

  CAP return

  Valuation

  6%

  $857,499

  6.5%

  $791,538

  7%

  $735,000

• Comparable approach

  Method

  Valuation

  Relative Method

  $501,364

  Geo Method

  $501,364

• Alternative Use

  Use

  Valuation

  Residential

  $667,692

  Hospitality

  $611,602

  Educational

  $508,846

  Medical

  $526,346

  Retail

  $791,538

Location Insight

City

Jackson

County

Madison

State

Tennessee

Latitude

35.5584

Longitude

-88.813

CBSA code

27180

CBSA name

JACKSON, TN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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