Professional Office Building with NNN
For Sale
$325,000
78 Lynoak Cove, Jackson, TN 38305
COMMERCIAL - Jackson, TN
Property Size2,552 SF
Lot Size0.42 Acres
Price / SF$127.35
Days on Market155
Property Features for 78 Lynoak Cove
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning description
O/C Office Commercial. Professional Office Park
Parking
10
Elementary school district
Jackson Madison Consolidated District
Directions
Intersection of 45 Bypass and North Parkway. If your going south Go left proceed 1/8 mile turn left into Lynoak business park and go to end of the cove.
Standard status
Active
APN
066F H 009.00
Size
2,552 SF
Lot size
0.42 Acres
Taxes and HOA fees
Tax Annual Amount
3839
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Central, Forced Air
Cooling system
Electric, Central Air
Water source
Public
Building Details
Year built
1995
Floors in Building
1
Flooring type
Tile, Carpet, Vinyl
Building materials
Synthetic Stucco
Roof type
Composition
Listing Agency:
Hickman Realty Group Inc.-Jack
(731) 664-1006
Listed By:
Chris Carothers · License #250361
(731) 616-9464
Added: Mar 3
Changed: Aug 4
Last Checked: Aug 4 at 11:06PM
MLS# 2600882
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 professional office building is set up for an owner-occupant or an investor looking for leased income, with an NNN lease currently in place. The property was built in 1995 and features synthetic stucco exterior materials with a composition roof. Interior finishes include tile, carpet, and vinyl flooring, supported by natural gas heating with central forced air, plus central air and electric cooling.
The site sits on 0.42 acres and is served by public water and public sewer. The improvements total 2,552 square feet, offering a compact footprint for office operations while maintaining a low-maintenance property profile.
With a straightforward office-focused configuration and utilities already connected, this is a practical option to evaluate for either occupied use or long-term tenancy under the existing lease structure.
The site sits on 0.42 acres and is served by public water and public sewer. The improvements total 2,552 square feet, offering a compact footprint for office operations while maintaining a low-maintenance property profile.
With a straightforward office-focused configuration and utilities already connected, this is a practical option to evaluate for either occupied use or long-term tenancy under the existing lease structure.
Key Highlights
- NNN lease in place
- 2,552 SF office building
- 0.42‑acre lot
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 | $43.5k | $17.04 |
| − Vacancy | −$7.2k | −$2.81 |
| EGI | $36.3k | $14.23 |
| − OpEx | −$9.1k | −$3.56 |
| NOI | $27.2k | $10.67 |
2,552 SF · lease $17.04/SF/yr · vacancy 16.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$389.0K
$340.4K – $453.9K
NOI $27,233 @ 7.0% cap · market cap 8.38%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$525.5K
$459.8K – $613.1K
NOI $36,786 @ 7.0% cap · market cap 11.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
526
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Professional office building on a 0.42-acre site with public water and sewer and a NNN lease in place.
Where is this office building located?
The property is located at 78 Lynoak Cove Jackson, TN.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: NNN lease in place; 2,552 SF office building; 0.42‑acre lot
