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    2142 Highway 70 E Jackson, TN 38305

    For Sale
    $4,000,000

    LAND - Jackson, TN

    Lot size:
    40.00 Acres
    Days on Market:
    262
    Last Refresh:
    Dec 5 at 11:06 am

    Property Features for 2142 Highway 70 E

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    APN
    042 053.00
    Lot size
    40.00 Acres

    Utilities

    Utilities
    Water Available
    Water source
    Public

    Coldwell Banker Real Estate Now (731) 668-1777 [email protected]

    Listing agent Lee W. Godfrey (731) 343-2900 License #058537

    Listing date Mar 19, 2025

    MLS# 2501120 Listing URL

    Copyright © 2025 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.

    Overview

    40 Acres on Hwy 70E

    This property consists of 40 acres located at the southeast corner of Hwy 70E and Cave House Rd, approximately 1/4 mile north of I-40, Exit 87. The land is currently situated just outside the city limits of Jackson, TN, but can be annexed into the city upon request. Once annexed, the property can be rezoned and will have access to sewer services. The property is divisible and suitable for multiple uses once rezoned, including a truck terminal, truck stop, hotel, restaurant, or light industrial development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Building Supply Wholesale Shop Auto Repair Shop Hotel & Motel Department Store Storage Facility Bar & Pub Convenience Store Car Rental

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Jackson
    County
    Madison
    State
    Tennessee
    Longitude
    -88.739203
    Latitude
    35.684249

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    FAQs

    What type of property is this?
    Commercial land - 40 acres near I-40 with multiple development possibilities.
    Where is this commercial land located?
    The property is located at 2142 Highway 70 E Jackson, TN.
    What is the asking price?
    The asking price for this property is $4,000,000.
    What are key features of this property?
    This property features: - 40 Acres (more or less) with potential for division.; - Located at the southeast corner of Hwy 70E and Cave House Rd, near I-40 (Exit 87).; - Outside city limits with potential for annexation into Jackson, TN.
    (731) 343-2900
    Request Owner's contact information
    2142 Highway 70 E Jackson, TN 38305
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    Jackson, TN 38305
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2142 Highway 70 E Jackson, TN 38305
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