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    38 Parker Dr Jackson, TN 38305

    Sponsored
    For Lease
    Contact for pricing

    Prime 5-Acre Retail Development Site

    Lot size:
    227,383 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 5-acre commercial land parcel in Jackson, Tennessee, presents a remarkable opportunity for retail development. Located on Parker Drive, the property boasts 840 feet of frontage, providing exceptional visibility and accessibility. Its strategic location across from The Crossings at Exum, a substantial residential community encompassing over 600 single-family homes and 500 multi-family units, guarantees a large and readily available customer base. The property is zoned "C" within Madison County (zip code 38305), making it suitable for a variety of commercial uses. This site offers significant potential for businesses seeking high visibility and convenient access in a thriving area. Flexible leasing options are available, including ground leases, built-to-suit arrangements, and triple-net (NNN) leases, providing adaptability to meet diverse business needs and preferences. A ground lease offers location flexibility, while built-to-suit options allow for customized spaces designed to perfectly fit specific business requirements. NNN leases provide greater control over property expenses, offering a predictable and manageable cost structure. This prime location and flexible leasing options create an ideal environment for businesses to flourish and establish a strong market presence in Jackson, Tennessee. The property's size and location make it an attractive investment for developers and businesses alike.

    Property Features for 38 Parker Dr

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    227,383 SF

    Unit(s) available at that property

    Space
    Size
    227,383 SF

    HighLights

    • Exceptional Northwest Madison County location, experiencing the county's highest growth.
    • Strong demographics: 100,000+ population within a 10‑mile radius.
    • Adjacent to Exum Place, a planned $350 million mixed‑use development (1,100+ residential units).
    • Convenient access to major roadways.
    • Highly adaptable floor plan suitable for retail, commercial, or service businesses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Building Supply Auto Repair Shop Gym & Fitness Pharmacy Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Jackson
    County
    Madison
    State
    Tennessee
    Longitude
    -88.835766
    Latitude
    35.71391

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    FAQs

    What type of property is this?
    Land - Prime 5-Acre Retail Development Site
    Where is this land located?
    The property is located at 38 Parker Dr Jackson, TN.
    What are key features of this property?
    This property features: Exceptional Northwest Madison County location, experiencing the county's highest growth.; Strong demographics: 100,000+ population within a 10-mile radius.; Adjacent to Exum Place, a planned $350 million mixed-use development (1,100+ residential units).
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    38 Parker Dr Jackson, TN 38305
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