Warehouse and Office Flex
For Sale
Contact for pricing
1569 Highway 70 E, Jackson, TN 38305
Flex property with office space, warehouse bay doors, and fenced yard with keypad-gated access.
Property Size4,500 SF
Lot Size10.00 Acres
Price / SF$261.11
Days on Market78
Property Features for 1569 Highway 70 E
General Information
Standard status
Active
Size
4,500 SF
Total Parking Spaces
10
Lot size
10.00 Acres
Property subtype
Office, Industrial, Retail, Land, Multifamily
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Amenities
central heating and air
fully renovated kitchen
washer/dryer hookups
two upstairs rooms with full bathroom
multiple electrical receptacles
welding outlets
floor drains
gas heat
ample lighting
well-lit parking
outdoor lighting
keypad gate access
17 bays
Building Details
Year Built
1990
Stories
2
Listing Agency:
Nest Realty
Listed By:
Brock Blakemore · License #381452
(731) 487-1840
Source:
Crexi
Added: Jun 27
Changed: Sep 6
Last Checked: Sep 12 at 3:51AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Nest Realty
Investment Insights
Based on property information with market context.
This flex-style commercial property combines a main-level office with warehouse space and additional secured yard for operational flexibility. The office includes central heating and air, a renovated kitchen, and a bathroom with washer and dryer hookups, with separate front entrance access. Upstairs offers two rooms and a full bathroom with a shower, supporting adaptable use. The warehouse portion features three oversized bay doors, ample lighting, multiple electrical receptacles, welding outlets, floor drains, and gas heat.
The property is marketed with highway frontage and two road entrances for access and flow, along with well-lit front and rear parking and ample outdoor lighting. A side fenced area includes keypad gate access and 1.25 fenced acres, providing a controlled space for equipment, inventory, or fleet vehicles.
In the fenced yard, there are 17 newly provided bays, adding built-out utility for storage or additional income-generating potential, depending on how the space is operated.
The property is marketed with highway frontage and two road entrances for access and flow, along with well-lit front and rear parking and ample outdoor lighting. A side fenced area includes keypad gate access and 1.25 fenced acres, providing a controlled space for equipment, inventory, or fleet vehicles.
In the fenced yard, there are 17 newly provided bays, adding built-out utility for storage or additional income-generating potential, depending on how the space is operated.
Key Highlights
- 10‑acre commercial property with highway frontage and two road entrances for access and traffic flow
- Includes 3,000 heated SF of office plus 8,160 SF of warehouse space
- Warehouse features three oversized bay doors, gas heat, floor drains, welding outlets, and multiple electrical receptacles with ample lighting
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$48,021
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.09%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$960,420
$960.4K
Cap Rate 7%
$686,014
$686.0K
Cap Rate 9%
$533,567
$533.6K
Market Conditions
NOI Build-Up for 4,500 SF
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.
Gross rent
$76.7K $17.04/SF
− Vacancy
−$12.7K −$2.81/SF
EGI
$64.0K $14.23/SF
− OpEx
−$16.0K −$3.56/SF
NOI
$48.0K $10.67/SF
Area
Madison County, TN
Vacancy
16.50%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$960,420
Cap Rate 7%
$686,014
Cap Rate 9%
$533,567
Alternative Uses
Best Use
Office B
$686.0K
$600.3K – $800.4K
NOI $48,021 @ 7.0% cap · market cap 4.09%
Second Best
Warehouse
$511.9K
$447.9K – $597.3K
NOI $35,835 @ 7.0% cap · market cap 3.05%
Theoretical Best
Office A
$926.6K
$810.8K – $1.08M
NOI $64,865 @ 7.0% cap · market cap 5.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
105
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 38305, TN
52,686
Population
22,950
Households
2.3
Avg Household Size
40
Median Age
32%
College-Educated
94%
High-School Grad
128.0 sq mi
ZIP Area
412
Density / Sq Mi
$66,292
Median Household Income
$37,416
Median Earnings
$1,201
Median Rent
$221,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Flex space - Flex property with office space, warehouse bay doors, and fenced yard with keypad-gated access.
Where is this flex space located?
The property is located at 1569 Highway 70 E Jackson, TN.
What is the asking price?
The asking price for this property is $1,175,000.
What are key features of this property?
This property features: 10‑acre commercial property with highway frontage and two road entrances for access and traffic flow; Includes 3,000 heated SF of office plus 8,160 SF of warehouse space; Warehouse features three oversized bay doors, gas heat, floor drains, welding outlets, and multiple electrical receptacles with ample lighting
