2053 Hollywood DrJackson, TN 38305

Property Details for 2053 Hollywood Dr

Year built

1978

Lot size

1.05 AC

Property size (Sq ft)

9,756 SF

Zone code

B5

Property type

Retail properties

Property subtype

Retail space

APN

057066 00303

APU

5706600303

Description

This exceptional 13,552 square foot warehouse is situated at 2053 Hollywood Drive in Jackson, Tennessee, 38305. Offered at $350,000, this single-story property presents a significant opportunity for investors and businesses alike. The building's substantial size provides ample space for storage, distribution, or light manufacturing operations. Its location in Madison County offers convenient access to major transportation routes, enhancing logistical efficiency. While the lot size is not specified, the building's footprint alone offers considerable utility. The property is classified as both retail and industrial, suggesting versatile usage potential. This is a rare opportunity to acquire a well-positioned warehouse in a thriving Tennessee market. The property's address is easily accessible and visible, making it ideal for businesses requiring high visibility. Further details regarding the property's internal layout and features are available upon request. Serious inquiries are encouraged to explore the full potential of this significant commercial property. This is a freehold property, and the asking price reflects the current market value. The property is ready for immediate occupancy. Interested parties should act quickly to secure this exceptional investment opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $3,278,121

  6.5%

  $3,025,958

  7%

  $2,809,818

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,916,656

  Geo Method

  $1,916,656

• Alternative Use

  Use

  Valuation

  Residential

  $2,552,509

  Hospitality

  $2,338,084

  Educational

  $1,945,259

  Medical

  $2,012,159

  Retail

  $3,025,958

Location Insight

City

Jackson

County

Madison

State

Tennessee

Latitude

35.6512

Longitude

-88.8661

CBSA code

27180

CBSA name

JACKSON, TN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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