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Retail Space

1751 Vann Drive, Jackson, TN 38305

For Sale
New
$3,300,000

Commercial Sale, Jackson, TN

Property Size20,582 SF
Lot Size1.91 Acres
Price / SF$160.33
Days on Market3

Property Features for 1751 Vann Drive

General Information

Property type Commercial Sale
Property subtype Retail
Zoning description Commercial
Parking 75
Elementary school district Jackson Madison Consolidated District
Standard status Active
APN 055 056.01
Size 20,582 SF
Lot size 1.91 Acres

Taxes and HOA fees

Tax Annual Amount 1

Utilities

Heating system Natural Gas
Cooling system Electric

Building Details

Year built 2008
Floors in Building 1
Listing Agency: L A Realty,LLC
Listed By: Joshua Lynn Arnold · License TN #00301815
Added: Nov 11 Last Checked: Nov 13 at 8:06PM
MLS# 2605269

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.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This retail property contains 20,582 square feet on a 1.91-acre site. Built in 2008, the building has natural gas heating and electric cooling.

Located at 1751 Vann Drive in Jackson, the property is within The Columns and positioned at I-40 and Highway 412.

Key Highlights

  • 20,582 square feet of retail space
  • 1.91‑acre site
  • Built in 2008

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$210,276
Cap Rate
6.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,205,520 $4.2M
Cap Rate 7%
$3,003,943 $3.0M
Cap Rate 9%
$2,336,400 $2.3M
Market Conditions
NOI Build-Up for 20,582 SF
Gross rent
$308.7K $15.00/SF
− Vacancy
−$8.3K −$0.41/SF
EGI
$300.4K $14.59/SF
− OpEx
−$90.1K −$4.38/SF
NOI
$210.3K $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%
$4,205,520
Cap Rate 7%
$3,003,943
Cap Rate 9%
$2,336,400

Alternative Uses

Best Use
Retail
$3.00M
$2.63M – $3.50M (±1% cap)
NOI $210,276 @ 7.0% cap · market cap 6.37%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.24M
$3.71M – $4.94M (±1% cap)
NOI $296,677 @ 7.0% cap · market cap 8.99%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Suggested Use

Top Pick HVAC Service Real Estate Agency Garden Center Kitchen & Bath Showroom Bakery Cafe & Coffee Shop

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

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

211
Businesses Nearby

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
View Realmo Analytics

Market

Average Price Trend$/SF for Retail space in Jackson, TN

$109 Jul
$86.81 Aug
$93.82 Sep
$70.32 Oct

Properties on Market for Retail space in Jackson

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Natural gas heating and electric cooling serve this retail property.
Where is this retail space located?
The property is located at 1751 Vann Drive Jackson, TN.
What is the asking price?
The asking price for this property is $3,300,000.
What are key features of this property?
This property features: 20,582 square feet of retail space; 1.91‑acre site; Built in 2008
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