1321 Highland AveJackson, TN 38301

  • Retail properties
  • 10,422 SF
For Lease

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 properties
Property subtype
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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • 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
1321 Highland Ave, Jackson, Tennessee

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

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
$14,478
$124,200
$291,240
$415,440
-
$310,500
$728,100
$1,038,600

FAQs

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