Jackson, TN Multifamily Development
For Sale
$500,000
Pending
1600 Park Ridge Drive, Jackson, TN 38301
Land, Jackson, TN
Property SizeContact for details
Lot Size11.00 Acres
Days on Market753
Property Features for 1600 Park Ridge Drive
General Information
Property type
Land
Property subtype
Other
Zoning description
RG 3 Multi Family Highest Density
Vegetation
Natural State
Lot features
Gentle Sloping, Near Public Transit, Open Lot
Directions
Intersection of F E Wright and N Parkway. Go west on N. Parkway 1 block turn left on Park Ridge Dr. land on left.
Standard status
Pending
APN
065 047.00
Lot size
11.00 Acres
Taxes and HOA fees
Tax Annual Amount
3095
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Water source
Public
Listing Agency:
Hickman Realty Group Inc.-Jack
(731) 664-1006
Listed By:
Chris Carothers · License #250361
(731) 616-9464
Added: Jul 30, 2024
Changed: Aug 19
Last Checked: Aug 21 at 10:06PM
MLS# 245582
Copyright © 2026 Central West Tennessee Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 11-acre apartment site is located in Jackson, TN, and is zoned RG 3, which is Jackson's highest density multifamily zone. The site has entitlements for multifamily development and is considered close to shovel-ready. It benefits from a traffic count of 12,500 ADDT. The location has potential for a tax credit deal. City approvals are in place, and for an additional price, a complete set of architectural drawings with many City of Jackson approvals and entitlements can be included.
Key Highlights
- Entitlements in place for Multi‑Family Development, making it close to shovel‑ready.
- Zoned RG 3, Jackson's highest density Multifamily Zone.
- Super Location with City approvals.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
181
Businesses Nearby
Explore this area
Business Placement
Demographics for 38301, TN
34,170
Population
15,769
Households
2.2
Avg Household Size
37
Median Age
16%
College-Educated
85%
High-School Grad
150.9 sq mi
ZIP Area
226
Density / Sq Mi
$40,062
Median Household Income
$28,542
Median Earnings
$958
Median Rent
$119,400
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Entitled apartment site in Jackson's highest density multifamily zone.
Where is this residential land & home lot located?
The property is located at 1600 Park Ridge Drive Jackson, TN.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Entitlements in place for Multi‑Family Development, making it close to shovel‑ready.; Zoned RG 3, Jackson's highest density Multifamily Zone.; Super Location with City approvals.
