Office Suite with Reception
For Sale
$179,900
382 Carriage House Drive, Jackson, TN 38305
Commercial Sale, Jackson, TN
Property Size1,204 SF
Price / SF$149.42
Days on Market54
Property Features for 382 Carriage House Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial/Business
Parking
4
Directions
Beginning at the Intersection of Old Hickory and the 45 By Pass- Turn Right on the 45 By Pass-- Turn Right on Carriage House Drive-- Continue on Carriage House Drive-- The Office is Located on the Right
Standard status
Active
APN
055F A 009.00
Size
1,204 SF
Taxes and HOA fees
Tax Annual Amount
1165
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1988
Floors in Building
1
Flooring type
Laminate, Tile - Ceramic
Building materials
Brick, Vinyl Siding
Roof type
Composition
Listing Agency:
CENTURY 21 Action Realty · Century 21 Real Estate
(731) 668-7700
Listed By:
Sandra Anderson Carter · License #302150
(731) 928-9535
Added: Sep 11
Changed: Oct 27
Last Checked: Nov 3 at 4:06PM
MLS# 2604358
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.
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Investment Insights
Based on property information with market context.
This office unit provides a reception area, three large suites, a conference area, dedicated storage, and a restroom. Natural light and modern finishes contribute to the interior presentation, while staged furnishings are included in the current setup. The suite was built in 1988 and features brick and vinyl siding construction, laminate and ceramic tile flooring, central heating, and central air conditioning.
The property is located on Carriage House Drive in Jackson, Tennessee, within the 38305 ZIP code. Public water and public sewer serve the property, and cable service is available. The space is identified for office use and is also presented as suitable for salon, medical office, retail, and other professional business applications.
The property is located on Carriage House Drive in Jackson, Tennessee, within the 38305 ZIP code. Public water and public sewer serve the property, and cable service is available. The space is identified for office use and is also presented as suitable for salon, medical office, retail, and other professional business applications.
Key Highlights
- Reception area with three large suites
- Conference area, storage space, and restroom
- Natural light and modern interior finishes
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,622
Cap Rate
7.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$272,440
$272.4K
Cap Rate 7%
$194,600
$194.6K
Cap Rate 9%
$151,356
$151.4K
Market Conditions
NOI Build-Up for 1,204 SF
Gross rent
$26.0K $21.60/SF
− Vacancy
−$3.3K −$2.74/SF
EGI
$22.7K $18.86/SF
− OpEx
−$9.1K −$7.54/SF
NOI
$13.6K $11.31/SF
Area
Madison County, TN
Vacancy
12.70%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$272,440
Cap Rate 7%
$194,600
Cap Rate 9%
$151,356
Alternative Uses
Best Use
Healthcare Medical
$194.6K
$170.3K – $227.0K
NOI $13,622 @ 7.0% cap · market cap 7.57%
Second Best
Office B
$183.5K
$160.6K – $214.1K
NOI $12,848 @ 7.0% cap · market cap 7.14%
Theoretical Best
Office A
$247.9K
$216.9K – $289.3K
NOI $17,355 @ 7.0% cap · market cap 9.65%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
947
Businesses Nearby
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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
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Three large suites, a conference area, storage, and a restroom create a flexible professional office layout.
Where is this office unit located?
The property is located at 382 Carriage House Drive Jackson, TN.
What is the asking price?
The asking price for this property is $179,900.
What are key features of this property?
This property features: Reception area with three large suites; Conference area, storage space, and restroom; Natural light and modern interior finishes
