1321 Highland AveJackson, TN 38301

Property Details for 1321 Highland Ave

Year built

2014

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.35 AC

Property size (Sq ft)

10,422 SF

Property type

Retail space

APN

057100I D 02101

APU

057100ID02101

Description

This meticulously renovated 21,479 square foot single-tenant office building in Jackson, Tennessee, offers a blend of traditional and modern features. Located at 1321 S Highland Ave, in Madison County (zip code 38301), this Class C property is ideal for a variety of office uses, including traditional, medical, executive, and creative office spaces. The building boasts extensive accessibility features, including wheelchair ramps and automatic restroom doors, ensuring inclusivity and ease of access for all. Modern upgrades include all-new LED lighting, creating a bright and inviting atmosphere. The interior features numerous private offices and training rooms, perfect for collaborative work and professional development. Abundant natural light streams in through large front windows, enhancing the aesthetic appeal and creating a positive work environment. The property is suitable for a single tenant and offers a versatile space adaptable to various business needs. This prime location in Jackson, TN presents a unique opportunity for businesses seeking a well-maintained and accessible office space. The property is classified as Retail, Office, and Restaurant, though the current configuration is solely office space.

• CAP approach

  CAP return

  Valuation

  6%

  $3,501,904

  6.5%

  $3,232,527

  7%

  $3,001,632

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,047,498

  Geo Method

  $2,047,498

• Alternative Use

  Use

  Valuation

  Residential

  $2,726,758

  Hospitality

  $2,497,695

  Educational

  $2,078,053

  Medical

  $2,149,520

  Retail

  $3,232,527

Location Insight

City

Jackson

County

Madison

State

Tennessee

Latitude

35.578

Longitude

-88.8152

CBSA code

27180

CBSA name

JACKSON, TN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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