914 Highland AveJackson, TN 38301

Property Details for 914 Highland Ave

Year built

1978

Lot size

100.00 AC

Property size (Sq ft)

4,133 SF

Property type

Office properties

APN

057078A Q 00201

APU

057078AQ00201

Description

This 4,133-square-foot Class B office building, located at 914 North Highland Avenue in Jackson, Tennessee, presents a compelling investment opportunity. Built in 1978, this single-story structure sits on a prime corner lot within the city's Historic District and is zoned C. The property features a recently installed roof and a fully secured building. The interior boasts eight well-appointed offices, a conference room, a waiting room, a media room, a training room, a convenient kitchenette, and three restrooms. The building is currently vacant, offering immediate occupancy for a variety of uses, including daycare, medical, or general office space. Its net rentable area is 4,133 square feet. The property's APN is 078A-Q-002.01. This location offers excellent visibility and accessibility, making it an ideal choice for businesses seeking a prominent presence in the Jackson area. The property's features and prime location make it a strong contender for expansion or new office establishment.

• CAP approach

  CAP return

  Valuation

  6%

  $1,070,680

  6.5%

  $988,318

  7%

  $917,724

• Comparable approach

  Method

  Valuation

  Relative Method

  $322,209

  Geo Method

  $322,209

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,941,720

  Retail / Commercial

  $996,496

  Mixed-Use / Specialty

  $993,569

  Hospitality / Lodging

  $729,765

  Institutional / Educational

  $1,033,140

  Residential Income

  $1,208,770

  Multifamily

  $1,446,260

  Automotive / Energy

  $885,544

  Parking / Income-Based Land

  $304,972

  Restaurant / Food Service

  $518,098

  Healthcare / Senior Housing

  $1,018,240

Location Insight

City

Jackson

County

Madison

State

Tennessee

Latitude

35.6284

Longitude

-88.8184

CBSA code

27180

CBSA name

JACKSON, TN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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