Temperature-Controlled Flex
4450 Highway 45 N, Jackson, TN 38305
For Sale
$1,425,000
Pending
Commercial Sale, Jackson, TN
Property Size14,400 SF
Days on Market920
Property Features for 4450 Highway 45 N
General Information
Property type
Property subtype
Zoning description
Parking
Lot features
Directions
Standard status
APN
Size
Additional Details
Property Use
Taxes and HOA fees
Tax Annual Amount
Utilities
Heating system
Cooling system
Amenities
temperature controlled
oversized ground level loading doors
Building Details
Year built
Floors in Building
Flooring type
Building materials
Roof type
Buildings
Listing Agency:
Home and Farms Realty
(731) 599-4358
Listed By:
Kimberly Evans · License TN #354123
(731) 803-0671
Added: May 8, 2024
Changed: Nov 13
Last Checked: Nov 13 at 7:06PM
MLS# 242492
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 14,400-square-foot flex building combines temperature-controlled warehouse, office, and multipurpose areas within a single commercial facility. Oversized ground-level loading doors support material movement, while the building includes more than 45 parking spaces. Metal siding and a metal roof form the exterior envelope, with ceramic tile, concrete, and vinyl flooring used throughout. Central natural-gas heating and electric cooling serve the interior.
Constructed in 1979, the property is positioned on Highway 45 N in Jackson, Tennessee. Its blend of warehouse and office functions provides a practical configuration for operations requiring conditioned space, loading access, and on-site parking.
Constructed in 1979, the property is positioned on Highway 45 N in Jackson, Tennessee. Its blend of warehouse and office functions provides a practical configuration for operations requiring conditioned space, loading access, and on-site parking.
Key Highlights
- 14,400 square feet of temperature‑controlled warehouse, office, and multipurpose space
- Oversized ground‑level loading doors
- 45+ parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$114,671
Cap Rate
8.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,293,420
$2.3M
Cap Rate 7%
$1,638,157
$1.6M
Cap Rate 9%
$1,274,122
$1.3M
Market Conditions
NOI Build-Up for 14,400 SF
Gross rent
$141.3K $9.81/SF
− Vacancy
−$6.4K −$0.44/SF
EGI
$134.9K $9.37/SF
− OpEx
−$20.2K −$1.41/SF
NOI
$114.7K $7.96/SF
Area
Madison County, TN
Vacancy
4.50%
Lease Rate
$9.81 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,293,420
Cap Rate 7%
$1,638,157
Cap Rate 9%
$1,274,122
Alternative Uses
Best Use
Office B
$2.20M
$1.92M – $2.56M
NOI $153,667 @ 7.0% cap · market cap 10.78%
Second Best
Warehouse
$1.64M
$1.43M – $1.91M
NOI $114,671 @ 7.0% cap · market cap 8.05%
Theoretical Best
Office A
$2.97M
$2.59M – $3.46M
NOI $207,567 @ 7.0% cap · market cap 14.57%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
54
Businesses Nearby
Well-served
Demand for This Use
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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?
Flex space - Temperature-controlled space combines warehouse, office, and multipurpose functionality with oversized ground-level loading access.
Where is this flex space located?
The property is located at 4450 Highway 45 N Jackson, TN.
What is the asking price?
The asking price for this property is $1,425,000.
What are key features of this property?
This property features: 14,400 square feet of temperature‑controlled warehouse, office, and multipurpose space; Oversized ground‑level loading doors; 45+ parking spaces
