1341 Highland AveJackson, TN 38301

Property Details for 1341 Highland Ave

Year built

1983

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.50 AC

Property size (Sq ft)

11,854 SF

Zone code

B4

Property type

Office properties

Property subtype

Other office properties

APN

057065P G 02600

APU

057065PG02600

Description

The Ivey Building, a Class A property located at 1341 N Highland Ave, Jackson, TN 38301, offers 4,800 square feet of versatile office space in the Midtown Jackson submarket. Built in 1983 and extensively renovated in 2024, this two-story building boasts two suites, each a minimum of 1,600 square feet, with a maximum contiguous space of 4,800 square feet. Currently, the entire 4,800 square feet is vacant and move-in ready. The property is zoned B-4 General Business District, allowing for a variety of uses including traditional, medical, and creative office spaces. Its prime location at the intersection of N. Highland and Campbell Street ensures high traffic visibility. Ample parking is available with 25 spaces. The building's recent renovation provides modern amenities and a fresh, updated aesthetic. This exceptional opportunity is perfect for a single tenant seeking a large space or for two tenants requiring approximately 1,600 square feet each. The building's flexible layout caters to diverse business needs.

• CAP approach

  CAP return

  Valuation

  6%

  $2,709,572

  6.5%

  $2,501,144

  7%

  $2,322,491

• Comparable approach

  Method

  Valuation

  Relative Method

  $924,138

  Geo Method

  $924,138

• Alternative Use

  Use

  Valuation

  Residential

  $3,101,418

  Hospitality

  $2,840,882

  Educational

  $2,363,581

  Medical

  $2,444,868

  Retail

  $3,676,682

Location Insight

City

Jackson

County

Madison

State

Tennessee

Latitude

35.6366

Longitude

-88.8225

CBSA code

27180

CBSA name

JACKSON, TN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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