1751 Vann DrJackson, TN 38305
- Other commercial real estate
- 21,150 SF
Property Details for 1751 Vann Dr
- Year built
- 2008
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.91 AC
- Property size (Sq ft)
- 21,150 SF
- Zone code
- SC1
- Property type
- Other commercial real estate
- APN
- 057055 05601
- APU
- 5705505601
Description
This exceptional Class A mixed-use property, located at 1751 Vann Drive in Jackson, Tennessee, presents a compelling investment opportunity. The 20,582 square foot, single-story building sits on a prominent site in Jackson's premier retail corridor, boasting high visibility and accessibility. Currently at 25% occupancy, this multi-tenant building offers significant upside potential. The property features a flexible layout, with leasable spaces ranging from 3,035 to over 17,000 square feet, catering to diverse business needs. Its strategic location at the intersection of Interstate 40 and Highway 412, between exits 79 and 80, ensures exceptional exposure to a high volume of traffic (50,000 vehicles per day on I-40 and 20,000 on Hwy 412). The property is zoned SC-2 and benefits from its proximity to major metropolitan areas, being just 80 miles east of Memphis and 120 miles west of Nashville. Furthermore, its location is only 45 miles east of Ford's Blue Oval City, a significant economic driver for the region. This turnkey investment offers a rare chance to acquire a well-positioned, multi-use asset in a rapidly growing market. The asking price is $3,500,000, with a price per square foot of $170.05 based on 17,280 net rentable square feet. The property is offered as a NNN lease. This is a truly unique opportunity to capitalize on the vibrant growth of Jackson, Tennessee.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $5,533,575
- Hospitality
- $5,068,725
- Educational
- $4,217,120
- Medical
- $4,362,153
- Retail
- $6,559,964
Location Insight
- City
- Jackson
- County
- Madison
- State
- Tennessee
- Latitude
- 35.659
- Longitude
- -88.8731
- CBSA code
- 27180
- CBSA name
- JACKSON, TN METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].