79 Federal Drive, Jackson, TN 38305
COMMERCIAL - Jackson, TN
- Added:
- Jun 24, 2026
- Days on Market:
- 1
- Last Refresh:
- Jun 24 at 11:06 pm
Property Features for 79 Federal Drive
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Parking
- 13
- Accessibility
- Accessible Approach with Ramp
- Standard status
- Active
- APN
- 055E A 005.22
- Size
- 2,792 SF
- Lot size
- 0.25 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2685
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1983
- Floors in Building
- 1
- Flooring type
- Vinyl
- Building materials
- Brick
- Roof type
- Shingle
Listing agent Lisa Ann Ballinger License #331923 (731) 223-0919
Listing office Total Realty Source 117 S Main St., Jackson, TN (731) 574-9340
Listing date Jun 24, 2026
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.
HighLights
- Brick building built in 1983 with 9 separate rooms plus a large cabinet room for extra storage
- Central heating and central air; two HVAC units replaced around 2022
- Roof is approximately 4 years new; updates include new flooring, paint, fixtures, and appliances
- Four entry doors, including an accessible approach with ramp; 4 bathrooms in the building
- Public water and public sewer
- One room is currently leased on a month‑to‑month basis; owner will consider a lease
Overview
The property is located right off Carriage House Drive in Jackson, with easy on-and-off access to the Interstate and a stated traffic count of over 8,500 cars daily.
The building’s room-by-room configuration and multiple bathroom count make it suitable for a variety of tenant types, including medical office or med-spa style operations, as well as creative or meeting-based uses. One room is currently rented by a med/spa on a month-to-month lease, and the owner has indicated they will consider a lease.
Local Financial Insights For Healthcare Medical
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 | $60.3k | $21.60 |
| − Vacancy | −$7.7k | −$2.74 |
| EGI | $52.6k | $18.86 |
| − OpEx | −$21.1k | −$7.54 |
| NOI | $31.6k | $11.31 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Jackson
- County
- Madison
- State
- Tennessee
- Longitude
- -88.83472
- Latitude
- 35.66867
