499 Highland AveJackson, TN 38301

  • Land
  • 0.27 AC
For Sale
$850,000 View listing

Property Details for 499 Highland Ave

Lot size
0.27 AC
Property type
Land
Property subtype
Commercial land
APN
057087A H 01800
APU
057087AH01800

Description

This exceptional 3-acre commercial lot is situated at 499 S Highland Ave, Jackson, TN 38301, directly on South Highland Avenue/US Hwy 45 South. Its location offers unparalleled visibility and high traffic counts, making it ideal for a wide range of commercial developments. Zoned for Commercial - B4 & I/O, this property presents endless possibilities for retail, office, or mixed-use projects. The expansive lot size allows for significant development potential, catering to large-scale ventures. The property's strategic location within the Jackson cityscape ensures easy access to key amenities and a robust customer base. This is a rare opportunity to acquire a high-potential parcel in a thriving downtown area, promising a strong return on investment. The asking price is $850,000. Ownership is held by HCB Corporation. Broker co-op is available.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,076,825
    Hospitality
    $2,818,355
    Educational
    $2,344,838
    Medical
    $2,425,481
    Retail
    $3,647,526
499 Highland Ave, Jackson, Tennessee

Location Insight

City
Jackson
County
Madison
State
Tennessee
Latitude
35.6077
Longitude
-88.8169
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
$636
$18,240
-
$18,240
-
$45,600
-
$45,600

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