Single-Story Brick Office
For Sale
$749,900
57 Directors Row, Jackson, TN 38305
Commercial Sale, Jackson, TN
Property Size4,828 SF
Lot Size0.80 Acres
Price / SF$155.32
Days on Market258
Property Features for 57 Directors Row
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning description
Commercial I/O
Parking
30
Security features
Security System
Elementary school district
Jackson Madison Consolidated District
Directions
From the intersection of North Highland and Ridgecrest, head East on Ridgecrest one block. The turn left into Madison Square Office park. Take a right on to Directors Row, the property will be on the left corner.
Standard status
Active
APN
056H A 050.00
Size
4,828 SF
Lot size
0.80 Acres
Additional Details
Property Use
Office
Condition
Turnkey
Taxes and HOA fees
Tax Annual Amount
4712
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air, Central
Cooling system
Electric, Central Air
Water source
Public
Amenities
drive-thru window
safe room
standby generator
sound system
alarm security system
Building Details
Year built
1978
Floors in Building
1
Flooring type
Carpet, Vinyl, Tile
Building materials
Brick Veneer
Roof type
Flat
Buildings
1
Listing Agency:
HCB Corporation DBA
(731) 554-2079
Listed By:
Chris W. Alexander · License #326115
(731) 267-5067
Added: Feb 19
Changed: Oct 27
Last Checked: Nov 3 at 3:06PM
MLS# 2600687
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 single-story brick office building provides approximately 4,828 square feet on a 0.8-acre parcel. Interior improvements include vinyl, carpet, and tile flooring, refreshed paint, updated fixtures, and enhanced HVAC systems with natural gas heating and central air conditioning. A drive-thru window with canopy, secure safe room, standby generator, alarm system, and wiring for sound and television systems add operational functionality.
The property is positioned near North Highland Avenue, Highway 45, and Interstate 40, with approximately 370 feet of frontage and on-site parking. Public water and public sewer serve the site, while cable service is available. Built in 1978, the office offers a practical setting for an owner-user or investor seeking a specialized commercial building with established site improvements.
The property is positioned near North Highland Avenue, Highway 45, and Interstate 40, with approximately 370 feet of frontage and on-site parking. Public water and public sewer serve the site, while cable service is available. Built in 1978, the office offers a practical setting for an owner-user or investor seeking a specialized commercial building with established site improvements.
Key Highlights
- Approximately 4,828 square feet on 0.8 acres
- Approximately 370 feet of frontage
- Single‑story brick construction built in 1978
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,521
Cap Rate
6.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,030,420
$1.0M
Cap Rate 7%
$736,014
$736.0K
Cap Rate 9%
$572,456
$572.5K
Market Conditions
NOI Build-Up for 4,828 SF
Gross rent
$82.3K $17.04/SF
− Vacancy
−$13.6K −$2.81/SF
EGI
$68.7K $14.23/SF
− OpEx
−$17.2K −$3.56/SF
NOI
$51.5K $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%
$1,030,420
Cap Rate 7%
$736,014
Cap Rate 9%
$572,456
Alternative Uses
Best Use
Office B
$736.0K
$644.0K – $858.7K
NOI $51,521 @ 7.0% cap · market cap 6.87%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$994.2K
$869.9K – $1.16M
NOI $69,593 @ 7.0% cap · market cap 9.28%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
482
Businesses Nearby
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
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Updated professional setting with a drive-thru window, secure safe room, and standby generator.
Where is this office building located?
The property is located at 57 Directors Row Jackson, TN.
What is the asking price?
The asking price for this property is $749,900.
What are key features of this property?
This property features: Approximately 4,828 square feet on 0.8 acres; Approximately 370 feet of frontage; Single‑story brick construction built in 1978
