Temperature-Controlled Flex
For Sale
$1,425,000
Pending
4450 Highway 45 N, Jackson, TN 38305
Commercial Sale, Jackson, TN
Property Size14,400 SF
Days on Market883
Property Features for 4450 Highway 45 N
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning description
Property Type : Commercial Land Us: Retail Trade - Bldg & Farm Improvement Type: Off Class S
Parking
50
Directions
From the intersection of Oil Well Road and US 45 bypass head north. Take the US45 S/north highland exit. In .1 miles turn left and the building is on the right.
Standard status
Pending
APN
027 026.01
Size
14,400 SF
Taxes and HOA fees
Tax Annual Amount
3714
Utilities
Heating system
Natural Gas, Central
Cooling system
Electric
Amenities
temperature controlled
oversized ground level loading doors
Building Details
Year built
1979
Floors in Building
1
Flooring type
Vinyl, Concrete, Tile - Ceramic
Building materials
Metal Siding
Roof type
Metal
Listing Agency:
Home and Farms Realty
(731) 599-4358
Listed By:
Kimberly Evans · License #354123
(731) 803-0671
Added: May 8, 2024
Changed: Sep 16
Last Checked: Oct 7 at 4:06AM
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.
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.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
54
Businesses Nearby
Well-served
Demand for This Use
Explore this area
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
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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
