Multi-Utility Office Conversion
68 Executive Drive Jackson, TN 38305
New
COMMERCIAL - Jackson, TN
Type:Office
Property size:
2,400 SFPrice / SF:
$166/SF- Added:
- Jul 6, 2026
- Days on Market:
- 5
- Last Refresh:
- Jul 10 at 2:06 pm
Property Features for 68 Executive Drive
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Parking
- 16
- Standard status
- Active
- APN
- 056H A 044.00
- Size
- 2,400 SF
Taxes and HOA fees
- Tax Annual Amount
- 3544
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1997
- Floors in Building
- 1
- Flooring type
- Carpet, Tile - Ceramic
- Building materials
- Block
- Roof type
- Shingle
Listing agent Brandi Ragan License #333847 (731) 267-1932
Listing office Ragan Realty Group 367 A N Parkway Suite 5, Jackson, TN (731) 410-7700
Listing date Jul 6, 2026
MLS# 2603192
Listing URL
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.
68 Executive Drive is a 2,400+/- square foot commercial building designed for flexible use. Most recently operated as a daycare, the property can be converted back into professional office space, with two separate utility meters supporting independent operations. The layout divides into two sides of approximately 1,200 square feet each, and each side includes multiple office configurations to accommodate a range of business needs.
The property is located at 68 Executive Drive in Jackson, TN 38305, within Madison County. The information provided supports a straightforward, multi-tenant concept via the existing utility separation, which can simplify planning for a tenant split or mixed-use occupancy.
For tenants, the building’s office-ready configuration and multiple office areas may support professional services, administrative operations, or other office-based activities that fit the existing room layout. For buyers and investors, the separation by two utility meters provides a practical foundation for either owner-occupancy with a second space, or operation as two leased units, subject to applicable approvals and permitting. This is a versatile commercial option for buyers looking for an adaptable property with an already-partitioned footprint and office conversion capability.
The property is located at 68 Executive Drive in Jackson, TN 38305, within Madison County. The information provided supports a straightforward, multi-tenant concept via the existing utility separation, which can simplify planning for a tenant split or mixed-use occupancy.
For tenants, the building’s office-ready configuration and multiple office areas may support professional services, administrative operations, or other office-based activities that fit the existing room layout. For buyers and investors, the separation by two utility meters provides a practical foundation for either owner-occupancy with a second space, or operation as two leased units, subject to applicable approvals and permitting. This is a versatile commercial option for buyers looking for an adaptable property with an already-partitioned footprint and office conversion capability.
Key Highlights
- 2,400+/- SF commercial building on Block construction, built in 1997
- Previously operated as a daycare and can be converted to professional office space
- Two separate utility meters support multiple tenants or owner‑occupancy with added rental income
Local 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 | $40.9k | $17.04 |
| − Vacancy | −$6.7k | −$2.81 |
| EGI | $34.1k | $14.23 |
| − OpEx | −$8.5k | −$3.56 |
| NOI | $25.6k | $10.67 |
2,400 SF · lease $17.04/SF/yr · vacancy 16.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$365.9K
$320.1K – $426.9K
NOI $25,611 @ 7.0% cap · market cap 6.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$494.2K
$432.4K – $576.6K
NOI $34,595 @ 7.0% cap · market cap 8.65%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Pool Table Repair
Department Store
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Commercial building with two separate utility meters and office-ready flexibility for multiple tenants or owner-occupancy.
Where is this office units located?
The property is located at 68 Executive Drive Jackson, TN.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 2,400+/- SF commercial building on Block construction, built in 1997; Previously operated as a daycare and can be converted to professional office space; Two separate utility meters support multiple tenants or owner‑occupancy with added rental income
