2151 Highland AveJackson, TN 38305

  • Retail properties
  • 30,642 SF
For Lease

Property Details for 2151 Highland Ave

Year built
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
3.12 AC
Property size (Sq ft)
30,642 SF
Zone code
SC1
Property type
Retail properties
Property subtype
Other retail properties
APN
057055M C 01800
APU
057055MC01800

Description

This exceptional retail opportunity is located at 2151 N Highland Ave, Jackson, Tennessee, 38305. The property, known as Hickory Village, offers a substantial 29,754 square feet of retail space, currently featuring one available unit. The building is situated in a prime location within Jackson, providing excellent visibility and accessibility for businesses seeking a strong presence in the local market. The property's multiple tenancy structure suggests a vibrant and diverse commercial environment. The specific configuration of the available 29,754 square feet will need to be determined through further inquiry. This space presents a unique chance for a retailer to establish or expand their operations in a thriving Tennessee community. The property's address is easily accessible from major roadways, ensuring convenient access for customers and employees alike. Further details regarding lease terms, potential build-outs, and specific unit dimensions are available upon request. This is an ideal location for businesses seeking high visibility and a strong customer base in the Jackson, TN area. Interested parties are encouraged to contact the listing agent for more information and to schedule a viewing. The property is classified as retail space with multiple tenancy. Its geographic coordinates are 35.6607771 latitude and -88.8300519 longitude.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $10,296,042
    6.5%
    $9,504,039
    7%
    $8,825,179
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,019,903
    Geo Method
    $6,019,903
  • Alternative Use

    Use
    Valuation
    Residential
    $8,017,012
    Hospitality
    $7,343,540
    Educational
    $6,109,739
    Medical
    $6,319,862
    Retail
    $9,504,039
2151 Highland Ave, Jackson, Tennessee

Location Insight

City
Jackson
County
Madison
State
Tennessee
Latitude
35.6609
Longitude
-88.8295
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
$21,426
$320,120
$294,680
$614,800
-
$800,300
$736,700
$1,537,000

FAQs

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