Turnkey Office in Madison
57 Directors Row, Jackson, TN 38305
COMMERCIAL - Jackson, TN
Type:Office
Property size:
4,828 SFLot size:
0.80 AcresPrice / SF:
$163/SF- Added:
- Feb 19, 2026
- Days on Market:
- 93
- Last Refresh:
- May 23 at 3:06 pm
Property Features for 57 Directors Row
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Parking
- 30
- Security features
- Security System
- Standard status
- Active
- APN
- 056H A 050.00
- Size
- 4,828 SF
- Lot size
- 0.80 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4712
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Central, Natural Gas, Forced Air
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 1978
- Floors in Building
- 1
- Flooring type
- Tile, Vinyl, Carpet
- Building materials
- Brick Veneer
- Roof type
- Flat
Listing agent Chris W. Alexander License #326115 (731) 267-5067
Listing office HCB Corporation DBA 605 S Royal St., Jackson, TN (731) 554-2079
Listing date Feb 19, 2026
MLS# 2600687
Listing URL
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.
HighLights
- Turnkey office space ready for immediate occupancy.
- Prime location in Madison Square Business Park with high visibility and easy access to North Highland Avenue (Highway 45) and Interstate 40.
- Unique features including a drive‑thru window with canopy, secure safe room, and standby generator.
- Recently updated with modernized flooring, fresh paint, updated fixtures, and enhanced HVAC systems.
- Abundant on‑site parking for employees and clients.
- Equipped with alarm security system and wired for sound system and TVs.
Overview
Located in the Madison Square Business Park in Jackson, Tennessee, 57 Directors Row is a turnkey office opportunity. The single-story brick building offers approximately 4,828 square feet on a 0.8-acre parcel. The property is located near North Highland Avenue (Highway 45) and Interstate 40. The site layout provides approximately 370 feet of frontage. The building has been updated in recent years with modernized flooring, fresh paint, updated fixtures, and enhanced HVAC systems. The building includes a drive-thru window with canopy, a secure safe room, and a standby generator. It is wired for a sound system and TVs and equipped with an alarm security system. The property provides on-site parking. The property is ready for immediate occupancy by an owner-user or investor.
Financial Insights
Value Estimation Calculated for Office B
Conservative
$572.5K
NOI $51,521 @ 9.00% cap · cautious / downside scenario
Moderate
$736.0K
NOI $51,521 @ 7.00% cap · market / base-case scenario
Aggressive
$1.03M
NOI $51,521 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
Calculated for Office B
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $82.3k | $17.04 |
| − Vacancy | −$13.6k | −$2.81 |
| EGI | $68.7k | $14.23 |
| − OpEx | −$17.2k | −$3.56 |
| NOI | $51.5k | $10.67 |
4,828 SF · lease $17.04/SF/yr · vacancy 16.50% · expense 25.00%
Alternative Use Scenarios
Best Use
Office B
$736.0K
$644.0K – $858.7K
NOI $51,521 @ 7.0% cap · market cap 6.52%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$994.2K
$869.9K – $1.16M
NOI $69,593 @ 7.0% cap · market cap 8.81%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Construction Services Group
General Contractor
Location Insight
- Map
- Local Demand
- City
- Jackson
- County
- Madison
- State
- Tennessee
- Longitude
- -88.824709
- Latitude
- 35.669037
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Well-maintained office building with drive-thru, safe room, and generator.
Where is this office building located?
The property is located at 57 Directors Row Jackson, TN.
What is the asking price?
The asking price for this property is $789,900.
What are key features of this property?
This property features: Turnkey office space ready for immediate occupancy.; Prime location in Madison Square Business Park with high visibility and easy access to North Highland Avenue (Highway 45) and Interstate 40.; Unique features including a drive‑thru window with canopy, secure safe room, and standby generator.
