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Fenced Storefront Property
For Sale
$139,900

1474 E Chester Street, Jackson, TN 38301

Commercial Sale, Jackson, TN

Property Size1,248 SF
Price / SF$112.10
Days on Market474

Property Features for 1474 E Chester Street

General Information

Property type Commercial Sale
Property subtype Retail
Zoning description B-4 City Highway Business
Parking 50
Fencing Chain Link, Gate, Fenced
Elementary school district Jackson Madison Consolidated District
Standard status Active
APN 087C H 001.00
Size 1,248 SF

Taxes and HOA fees

Tax Annual Amount 927

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Wall Furnace
Water source Public

Amenities

Secure Lot fully fenced

Building Details

Year built 1960
Floors in Building 1
Building materials Block, Clapboard, Concrete
Listing Agency: Hickman Realty Group Inc.-Jack
Listed By: Chris Carothers · License #250361
Added: Jun 20, 2025 Changed: Oct 2 Last Checked: Oct 6 at 1:06PM
MLS# 2502854

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 storefront property contains 1,248 square feet and was built in 1960. Construction materials include block, clapboard, and concrete, with wall-furnace heating. The improvements include a gated, fenced area secured with chain-link fencing, providing enclosed exterior space connected to the property.

Located at 1474 E Chester Street in Jackson, Tennessee, the property has public water and public sewer service, with cable available. The site’s physical setup includes both an enclosed building and a secured outdoor area, supporting a range of retail-oriented operating requirements where controlled exterior space is useful.

Key Highlights

  • 1,248‑square‑foot storefront property
  • Gated, fenced area with chain‑link fencing
  • Built in 1960

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$12,750
Cap Rate
9.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$255,000 $255.0K
Cap Rate 7%
$182,143 $182.1K
Cap Rate 9%
$141,667 $141.7K
Market Conditions
NOI Build-Up for 1,248 SF
Gross rent
$18.7K $15.00/SF
− Vacancy
−$505 −$0.41/SF
EGI
$18.2K $14.59/SF
− OpEx
−$5.5K −$4.38/SF
NOI
$12.8K $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%
$255,000
Cap Rate 7%
$182,143
Cap Rate 9%
$141,667

Alternative Uses

Best Use
Specialty Retail
$234.2K
$204.9K – $273.2K (±1% cap)
NOI $16,393 @ 7.0% cap · market cap 11.72%
Second Best
Retail
$182.1K
$159.4K – $212.5K (±1% cap)
NOI $12,750 @ 7.0% cap · market cap 9.11%
Theoretical Best
Office A
$257.0K
$224.9K – $299.8K (±1% cap)
NOI $17,989 @ 7.0% cap · market cap 12.86%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Law Firm Restaurant Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

132
Businesses Nearby
Under-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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Frequently Asked Questions

What type of property is this?
Storefront property - Retail building with a gated, enclosed area and public water and sewer service.
Where is this storefront property located?
The property is located at 1474 E Chester Street Jackson, TN.
What is the asking price?
The asking price for this property is $139,900.
What are key features of this property?
This property features: 1,248‑square‑foot storefront property; Gated, fenced area with chain‑link fencing; Built in 1960
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