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    503 N Jackson St Morristown, TN 37814

    New
    For Sale
    $399,900

    Business - Morristown, TN

    Type:Business
    Lot size:
    0.45 Acres
    Days on Market:
    1
    Last Refresh:
    Dec 8 at 11:06 am

    Property Features for 503 N Jackson St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active
    Parking
    15
    Lot size
    0.45 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1910
    Roof type
    Metal
    Architectural style
    Other

    Jackson Real Estate & Auction (865) 548-4215 [email protected]

    Listing agent Benson Bryant (865) 397-4214 License #369554

    Listing date Dec 8, 2025

    MLS# 709829 Listing URL

    Copyright © 2025 Lakeway Area 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

    Downtown Morristown Adaptable Commercial Property

    Located in downtown Morristown, this commercial property at 503 N Jackson Street is suitable for office, medical, or professional use. Currently operating as a salon, the property is suitable for medical or dental offices, law firms, wellness centers, or real estate and insurance agencies. The location is near Morristown-Hamblen Healthcare System, the Hamblen County Courthouse, and the downtown business district. The property experiences traffic on North Jackson Street, with vehicle counts of approximately 14,000-16,000 daily on nearby major corridors. The building features a reception area, treatment rooms, and a basement for storage. The sale includes the adjacent parking lot at 433 N Jackson Street, providing off-street parking. The property is zoned for professional use and is suitable for investors, owner-occupants, or growing enterprises. The lot size is 0.45 acres.
    Insight Report Location Intelligence

    Current Use by Public Records

    Morristown Covenant Academy Private Educational Institution Gateway Church Church Harrison J Eric Personal Injury Attorney Morristown Covenant Academy ... Preschool Transcend Aesthetics Medical Spa

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Similar Places Nearby

    Davis Technology Solutions

    Location Insight

    • Map
    • Local Demand
    City
    Morristown
    County
    Hamblen
    State
    Tennessee
    Longitude
    -83.300025
    Latitude
    36.214246

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    FAQs

    What type of property is this?
    Office Property / Space - Versatile commercial property in downtown Morristown, suitable for various businesses.
    Where is this office property / space located?
    The property is located at 503 N Jackson St Morristown, TN.
    What is the asking price?
    The asking price for this property is $399,900.
    What are key features of this property?
    This property features: - Prime Downtown Morristown location with high visibility and accessibility.; - Includes adjacent parking lot at 433 N Jackson Street, providing abundant off-street parking.; - Versatile OMP (Office/Medical/Professional) zoning suitable for various professional uses.
    (865) 397-4214
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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
    503 N Jackson St Morristown, TN 37814
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