1110 Vann DrJackson, TN 38305

Property Details for 1110 Vann Dr

Year built

2005

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.31 AC

Property size (Sq ft)

5,280 SF

Zone code

B5

Property type

Retail properties

Property subtype

Grocery and convenience stores

APN

057055 00812

APU

5705500812

Description

This exceptional single-tenant retail property, located at 1110 Vann Drive in Jackson, Tennessee, presents a unique investment opportunity. Boasting a highly desirable location on Vann Drive, this property enjoys excellent visibility and accessibility. The 1,900 square foot building sits on a spacious 1.31-acre lot, providing ample space for customer parking and potential expansion. With 30 parking spaces readily available, customer convenience is ensured. The property features convenient curbside access, enhancing operational efficiency and customer experience. The building is a single-story structure, offering easy navigation and accessibility. The property's APN is 008.12. Currently, there are no vacancies. This property is ideal for a variety of retail businesses seeking a high-traffic location with excellent visibility and ample parking. Its prime location and strong tenant occupancy make it a compelling investment opportunity in the thriving Jackson, Tennessee market. The zip code is 38305. This is a single-tenant property with no additional suites. The property's location offers significant advantages for businesses seeking a strong presence in a busy commercial area. The combination of size, location, and parking makes this a truly exceptional retail offering.

• CAP approach

  CAP return

  Valuation

  6%

  $1,774,137

  6.5%

  $1,637,665

  7%

  $1,520,689

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,037,305

  Geo Method

  $1,037,305

• Alternative Use

  Use

  Valuation

  Residential

  $1,381,432

  Hospitality

  $1,265,384

  Educational

  $1,052,784

  Medical

  $1,088,991

  Retail

  $1,637,665

Location Insight

City

Jackson

County

Madison

State

Tennessee

Latitude

35.6671

Longitude

-88.8582

CBSA code

27180

CBSA name

JACKSON, TN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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