Turnkey Office Building with Drive-Thru
For Sale
$749,900
57 Directors Row, Jackson, TN 38305
COMMERCIAL - Jackson, TN
Property Size4,828 SF
Lot Size0.80 Acres
Price / SF$155.32
Days on Market166
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
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 with canopy
safe room
standby generator
sound system
TV
alarm security system
Building Details
Year built
1978
Floors in Building
1
Flooring type
Tile, Carpet, Vinyl
Building materials
Brick Veneer
Roof type
Flat
Listing Agency:
HCB Corporation DBA
(731) 554-2079
Listed By:
Chris W. Alexander · License #326115
(731) 267-5067
Added: Feb 19
Changed: Aug 4
Last Checked: Aug 4 at 10:06PM
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.
Investment Insights
Based on property information with market context.
57 Directors Row is a turnkey, single-story brick office building in the established Madison Square Business Park in Jackson, Tennessee. The property includes approximately 4,828 square feet on a 0.8-acre parcel, with about 370 feet of frontage and a site layout designed for easy operations.
Built in 1978, the building has been thoughtfully updated in recent years, including modernized flooring, fresh paint, updated fixtures, and enhanced HVAC systems with natural gas, central forced air heating and electric central air cooling. The facility includes a drive-thru window with canopy, a secure safe room, and a standby generator, along with an alarm security system and wiring for a sound system and TVs.
Utilities include public water and public sewer, and cable availability. The property is set up for practical day-to-day convenience with abundant on-site parking, and it is positioned near North Highland Avenue (Highway 45) and Interstate 40.
Built in 1978, the building has been thoughtfully updated in recent years, including modernized flooring, fresh paint, updated fixtures, and enhanced HVAC systems with natural gas, central forced air heating and electric central air cooling. The facility includes a drive-thru window with canopy, a secure safe room, and a standby generator, along with an alarm security system and wiring for a sound system and TVs.
Utilities include public water and public sewer, and cable availability. The property is set up for practical day-to-day convenience with abundant on-site parking, and it is positioned near North Highland Avenue (Highway 45) and Interstate 40.
Key Highlights
- Approximately 4,828 SF single‑story brick office on 0.8‑acre parcel
- About 370 feet of frontage
- Drive‑thru window with canopy
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $82.3k | $17.04 |
| − Vacancy | −$13.6k | −$2.81 |
| EGI | $68.7k | $14.23 |
| − OpEx | −$17.2k | −$3.56 |
| NOI | $51.5k | $10.67 |
4,828 SF · lease $17.04/SF/yr · vacancy 16.50% · expense 25.00%
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.
Property Analytics
Property Profile
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Single-story brick office with updated interiors, modern HVAC, and standby generator for flexible tenant or owner use.
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 SF single‑story brick office on 0.8‑acre parcel; About 370 feet of frontage; Drive‑thru window with canopy
