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    220-224 N Royal St Jackson, TN 38305

    For Sale
    $700,000

    COMMERCIAL - Jackson, TN

    Type:Retail
    Property size:
    8,000 SF
    Lot size:
    1.00 Acre
    Days on Market:
    159
    Last Refresh:
    Dec 14 at 9:06 pm

    Property Features for 220-224 N Royal St

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Sale
    Property subtype
    Retail
    TransactionType
    Standard
    Standard status
    Active
    APN
    078O A 001.01
    Parking
    40
    Size
    8,000 SF
    Lot size
    1.00 Acre

    Utilities

    Utilities
    Water Available
    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Central
    Cooling system
    Electric
    Water source
    Public

    Building Details

    Year built
    2004
    Floors in Building
    1
    Flooring type
    Vinyl
    Building materials
    Block, Concrete, Metal Siding
    Roof type
    Metal

    Hickman Realty Group (731) 664-1006 [email protected]

    Listing agent Chris Carothers (731) 616-9464 License #250361

    Listing date Jul 9, 2025

    MLS# 246830 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

    High-Traffic Retail Location in Jackson

    This 8,000 square foot retail property is located in a high-traffic area of Jackson, Tennessee. The property, formerly a Family Dollar, is available starting January 1, 2024. The building is also for sale. The property includes the potential for an outparcel with additional land.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Spa & Massage Law Firm Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Jackson
    County
    Madison
    State
    Tennessee
    Longitude
    -88.81217
    Latitude
    35.615862

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    FAQs

    What type of property is this?
    Retail space - 8,000 sq ft retail space in high-traffic Jackson location.
    Where is this retail space located?
    The property is located at 220-224 N Royal St Jackson, TN.
    What is the asking price?
    The asking price for this property is $700,000.
    What are key features of this property?
    This property features: - High traffic retail location with 2 red lights.; - **8,000 sq ft vacant Family Dollar, available 1-1-2024.**; - Building also for sale at $700,000.00.
    (731) 616-9464
    Request Owner's contact information
    220-224 N Royal St 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
    220-224 N Royal St Jackson, TN 38305
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