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    220-224 Royal St Jackson, TN 38305

    For Sale
    $700,000

    High-traffic location, 8,000 sq ft.

    Property size:
    8,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional retail property, located at 220-224 N Royal Street in Jackson, Tennessee, presents a significant investment opportunity. Boasting a generous 8,000 square feet of space, this property sits on a one-acre lot, offering ample room for expansion or outdoor amenities. Its prime location on North Royal Street ensures high visibility and accessibility for customers, placing it within a bustling commercial district. The building's substantial size is ideal for a variety of retail uses, from large-format stores to multiple smaller tenants. The asking price of $700,000 reflects the property's strong potential for return on investment. This is a rare opportunity to acquire a well-situated, sizable retail space in a thriving Tennessee market. The property's substantial size and prominent location make it an attractive prospect for businesses seeking to establish or expand their presence in Jackson. Serious inquiries are encouraged to explore the possibilities this property offers. The one-acre lot provides significant flexibility for future development or expansion, adding further value to this already compelling investment. Don't miss this chance to secure a prime retail location in a dynamic and growing city.

    Property Features for 220-224 Royal St

    General Information

    Property type
    Retail properties
    Square Feet
    8,000 SF
    Lot Size
    43,560 SF

    Building Details

    Year Built
    2004
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail properties

    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
    -88.81219
    Latitude
    35.61581

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    FAQs

    What type of property is this?
    Retail property - High-traffic location, 8,000 sq ft.
    Where is this retail property located?
    The property is located at 220-224 Royal St Jackson, TN.
    What is the asking price?
    The asking price for this property is $700,000.
    (731) 664-1006
    Request Owner's contact information
    220-224 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 Royal St Jackson, TN 38305
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