Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    224 N Royal St Jackson, TN 38305

    For Lease
    $4,333 /Mo ($6 SF/Yr)

    COMMERCIAL - Jackson, TN

    Type:Retail
    Property size:
    8,000 SF
    Lot size:
    1.00 Acre
    Days on Market:
    175
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 224 N Royal St

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Lease
    Property subtype
    Retail
    TransactionType
    Standard
    Standard status
    Active
    APN
    001.00
    Parking
    40
    Size
    8,000 SF
    Lot size
    1.00 Acre

    Utilities

    Utilities
    Electricity Available
    Heating system
    Natural Gas, Central
    Cooling system
    Electric

    Building Details

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

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

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

    Listing date Jun 14, 2025

    MLS# 235117 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 space is located in a high-traffic area of Jackson, Tennessee. Formerly a Family Dollar, the property is available for lease starting January 1, 2024, at a monthly NNN rent of $4,333.33, which equates to $6.50 per square foot annually. The property also has potential as an outparcel with additional land. The building is also for sale.
    Location Intelligence

    Current Use by Public Records

    Family Dollar Dollar Store

    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
    -88.812531
    Latitude
    35.615959

    Nearby Similar for Lease

    • $22,875
      Pending

      Warehouse Space Near Interstate 40

      Class A warehouse space with office, dock doors, and ground-level access.
      57 Southwide Dr, Jackson, TN 38305
      View Details
    • $22 SF/Yr
      4,280 SF

      Class A Medical Clinic Space

      Move-in ready, fully appointed medical space in Jackson, TN.
      213 Sterling Farm Dr, Jackson, TN 38305
      View Details
    • $1,950 /Mo
      1,257 SF

      Remodeled Retail Space on 45

      Remodeled retail space with high visibility, ready for immediate occupancy.
      1932 By Pass Byp, Jackson, TN 38305
      View Details
    • $23 SF/Yr
      8,585 SF

      Medical Office in Jackson, TN

      Class A medical office space available for lease in Jackson.
      31 Physicians Dr, Jackson, TN 38305
      View Details
    • $5,871 /Mo
      5,032 SF

      Midtown Jackson Stand-Alone Office

      Centrally located office building near US 45 Bypass and I-40.
      773 Parkway North, Jackson, TN 38305
      View Details
    • $15 SF/Yr
      Pending

      Renovated Historic Downtown Office Building

      Charming 5,250 sq ft building in the heart of Jackson.
      109 E Lafayette St, Jackson, TN 38301
      View Details

    FAQs

    What type of property is this?
    Retail space - 8,000 SF retail space available for lease January 1, 2024.
    Where is this retail space located?
    The property is located at 224 N Royal St Jackson, TN.
    What is the lease rate?
    The lease rate is $6 SF/Yr.
    What are key features of this property?
    This property features: - High traffic retail location with 2 red lights.; - Building also for sale at $700,000.00.; - Vacant 8,000 sq ft former Family Dollar.
    (731) 616-9464
    Request Owner's contact information
    224 N Royal St Jackson, TN 38305
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    224 N Royal St
    Jackson, TN 38305
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    224 N Royal St Jackson, TN 38305
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.