Stone Office
For Sale
$999,900
1629 S Highland Avenue, Jackson, TN 38301
COMMERCIAL - Jackson, TN
Property Size5,670 SF
Lot Size2.50 Acres
Price / SF$176.35
Days on Market456
Property Features for 1629 S Highland Avenue
General Information
Property type
Commercial Sale
Property subtype
Office
Parking
30
Elementary school district
Jackson Madison Consolidated District
Standard status
Active
APN
109A A 017.00
Size
5,670 SF
Lot size
2.50 Acres
Taxes and HOA fees
Tax Annual Amount
7663
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1963
Floors in Building
1
Flooring type
Carpet, Linoleum
Building materials
Stone
Listing Agency:
Ragan Realty Group
(731) 410-7700
Listed By:
Brandi Ragan · License #333847
(731) 267-1932
Added: May 7, 2025
Changed: Aug 4
Last Checked: Aug 5 at 9:06PM
MLS# 2502055
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 office property includes a 5,670-square-foot building constructed in 1963, with stone construction and a combination of carpet and linoleum flooring. The site encompasses 2.5 acres and is identified for commercial use, supporting a range of office-oriented property strategies.
Positioned at 1629 S Highland Avenue in Jackson, the property offers 239 feet of frontage along Hwy 45 and exposure to a reported daily traffic count exceeding 35,000 vehicles. Public water and public sewer serve the property, providing established utility infrastructure for the existing improvement.
Positioned at 1629 S Highland Avenue in Jackson, the property offers 239 feet of frontage along Hwy 45 and exposure to a reported daily traffic count exceeding 35,000 vehicles. Public water and public sewer serve the property, providing established utility infrastructure for the existing improvement.
Key Highlights
- 5,670‑square‑foot office property constructed in 1963
- 2.5‑acre commercial property with 239 feet of Hwy 45 frontage
- Reported daily traffic count exceeding 35,000 vehicles
Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $122.5k | $21.60 |
| − Vacancy | −$15.6k | −$2.74 |
| EGI | $106.9k | $18.86 |
| − OpEx | −$42.8k | −$7.54 |
| NOI | $64.2k | $11.31 |
5,670 SF · lease $21.60/SF/yr · vacancy 12.70% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$916.4K
$801.9K – $1.07M
NOI $64,151 @ 7.0% cap · market cap 6.42%
Second Best
Office B
$864.4K
$756.3K – $1.01M
NOI $60,506 @ 7.0% cap · market cap 6.05%
Theoretical Best
Office A
$1.17M
$1.02M – $1.36M
NOI $81,730 @ 7.0% cap · market cap 8.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
97
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - Commercially zoned office property with public water and sewer serving a substantial Highland Avenue site.
Where is this office units located?
The property is located at 1629 S Highland Avenue Jackson, TN.
What is the asking price?
The asking price for this property is $999,900.
What are key features of this property?
This property features: 5,670‑square‑foot office property constructed in 1963; 2.5‑acre commercial property with 239 feet of Hwy 45 frontage; Reported daily traffic count exceeding 35,000 vehicles
