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Auto Repair Shop With Equipment
For Sale
$739,000

1082 US-45 Bypass, Jackson, TN 38301

Commercial Sale, Jackson, TN

Property Size5,940 SF
Lot Size1.30 Acres
Price / SF$124.41
Days on Market69

Property Features for 1082 US-45 Bypass

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial - Business Services
Parking 15
Fencing Gate, Chain Link
Elementary school district Jackson Madison Consolidated District
Directions Drive on Hwy 45 By-Pass So. Property is on east side of the ByPass near Ritz Magic Wheels on service road
Standard status Active
APN 066N F 007.04
Size 5,940 SF
Lot size 1.30 Acres

Taxes and HOA fees

Tax Annual Amount 3323

Utilities

Utilities Water Available
Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 1984
Floors in Building 1
Flooring type Concrete
Building materials Brick
Roof type Composition
Listing Agency: Total Realty Source
Listed By: Lynda C Climer · License #54466
Added: Jul 30 Changed: Oct 2 Last Checked: Oct 6 at 1:06PM
MLS# 2603618

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.

Investment Insights

Based on property information with market context.

This 5,940-square-foot auto repair facility sits on 1.3 acres and includes attached equipment used for automotive repair. Built in 1984, the brick building has concrete flooring, central heating and central air conditioning, a composition roof, and gated chain-link fencing. Public water and public sewer serve the property.

The facility is occupied by an established truck and auto repair business that has operated for 20 years. The current operator would like to remain in the building as a monthly lease tenant. The property at 1082 US-45 Bypass may also be purchased together with 1090 Highway 45 Bypass; the occupant currently uses part of the second property for mechanic space and personal automobile storage.

Key Highlights

  • 5,940 square feet on 1.3 acres
  • Attached equipment used for auto repair included
  • Current truck and auto repair business has operated for 20 years

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$60,686
Cap Rate
8.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,213,720 $1.2M
Cap Rate 7%
$866,943 $866.9K
Cap Rate 9%
$674,289 $674.3K
Market Conditions
NOI Build-Up for 5,940 SF
Gross rent
$89.1K $15.00/SF
− Vacancy
−$2.4K −$0.41/SF
EGI
$86.7K $14.59/SF
− OpEx
−$26.0K −$4.38/SF
NOI
$60.7K $10.22/SF
Area
Madison County, TN
Vacancy
2.70%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,213,720
Cap Rate 7%
$866,943
Cap Rate 9%
$674,289

Alternative Uses

Best Use
Retail
$866.9K
$758.6K – $1.01M (±1% cap)
NOI $60,686 @ 7.0% cap · market cap 8.21%
Second Best
Industrial
$350.6K
$306.8K – $409.0K (±1% cap)
NOI $24,542 @ 7.0% cap · market cap 3.32%
Theoretical Best
Office A
$1.22M
$1.07M – $1.43M (±1% cap)
NOI $85,622 @ 7.0% cap · market cap 11.59%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Auto shops

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

199
Businesses Nearby
Well-served
Demand for This Use

Demographics for 38301, TN

34,170
Population
15,769
Households
2.2
Avg Household Size
37
Median Age
16%
College-Educated
85%
High-School Grad
150.9 sq mi
ZIP Area
226
Density / Sq Mi
$40,062
Median Household Income
$28,542
Median Earnings
$958
Median Rent
$119,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Similar Off Market Nearby

  • Dennis Mitchell Automotive — 896 Hollywood Dr, Jackson, TN 38301
  • Pennzoil — Hollywood Dr, Jackson, TN 38301
  • Precision Tint : Jackson, TN — 1085 US-45 BYP # 3, Jackson, TN 38301
  • Tim Total Garage Store — Jackson, TN 38305
  • Bill's Transmissions — 1062 US-45 BYP, Jackson, TN 38301

Frequently Asked Questions

What type of property is this?
Auto shop - Brick automotive facility with attached repair equipment, gated fencing, and public water and sewer service.
Where is this auto shop located?
The property is located at 1082 US-45 Bypass Jackson, TN.
What is the asking price?
The asking price for this property is $739,000.
What are key features of this property?
This property features: 5,940 square feet on 1.3 acres; Attached equipment used for auto repair included; Current truck and auto repair business has operated for 20 years
More about this property
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