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Modern Office Unit with Reception
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382 Carriage House Dr, Jackson, TN 38305

Three suites, a conference area, storage, and furnished interiors create a flexible professional layout.

Property Size1,204 SF
Price / SF$1.83
Days on Market92

Property Features for 382 Carriage House Dr

General Information

Standard status Active
Size 1,204 SF

Additional Details

Furnished Yes

Amenities

landscaped entrance
reception area
conference area
storage area

Building Details

Year Built 1988
Listing Agency: Century 21 Action Realty
Listed By: Sandra Carter · License #302150
Source: Fiddletreerealty
Added: Jul 16 Changed: Oct 15 Last Checked: Oct 15 at 2:52AM

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 Century 21 Action Realty

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Investment Insights

Based on property information with market context.

This office unit features a landscaped entry, abundant natural light, contemporary finishes, and an inviting reception area. The interior includes 3 large suites, a conference area, dedicated storage, and a finished restroom, with furnishings currently in place.

The property is located at 382 Carriage House Drive in Jackson, Tennessee. Its configuration and presentation support office, medical office, salon, retail, and other professional business uses identified for the suite.

Key Highlights

  • 3 large suites with conference area and storage
  • Reception area with landscaped entrance
  • Natural light and modern interior finishes

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$12,848
Suggested Prices Based on Cap Rates
Cap Rate 5%
$256,960 $257.0K
Cap Rate 7%
$183,543 $183.5K
Cap Rate 9%
$142,756 $142.8K
Market Conditions
NOI Build-Up for 1,204 SF
Gross rent
$20.5K $17.04/SF
− Vacancy
−$3.4K −$2.81/SF
EGI
$17.1K $14.23/SF
− OpEx
−$4.3K −$3.56/SF
NOI
$12.8K $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 Rate 5%
$256,960
Cap Rate 7%
$183,543
Cap Rate 9%
$142,756

Alternative Uses

Best Use
Healthcare Medical
$194.6K
$170.3K – $227.0K (±1% cap)
NOI $13,622 @ 7.0% cap · market cap 619.18%
Second Best
Office B
$183.5K
$160.6K – $214.1K (±1% cap)
NOI $12,848 @ 7.0% cap · market cap 584.00%
Theoretical Best
Office A
$247.9K
$216.9K – $289.3K (±1% cap)
NOI $17,355 @ 7.0% cap · market cap 788.86%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Titan Property Investors Big Box & Wholesale Store Ellis Insurance Agency Insurance Agency Bleaus Big Boxes Waste Management Facility Medical Receivables Management Accounting Firm

Suggested Use

Top Pick Electrical Service Storage Facility HVAC Service Plumbing Service Garden Center Big Box & Wholesale Store

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

947
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

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office units - Three suites, a conference area, storage, and furnished interiors create a flexible professional layout.
Where is this office units located?
The property is located at 382 Carriage House Dr Jackson, TN.
What are key features of this property?
This property features: 3 large suites with conference area and storage; Reception area with landscaped entrance; Natural light and modern interior finishes
More about this property
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