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    155 Union Ave Jackson, TN 38301

    For Sale
    $55,000

    Prime Commercial/Residential Land, Build Your Dream!

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 0 square foot lot presents a unique opportunity for development in the heart of Jackson, Tennessee's vibrant Jackson Walk area. Located at 155 Union Avenue, 38301, this property offers unparalleled access to a thriving community. Imagine building your dream home or commercial venture within easy walking distance of the Lift Wellness Center, a diverse selection of restaurants, local coffee shops, boutique stores, bars, and a brewery. Enjoy the convenience of nearby green spaces, including a beautiful walking park and a dog park, enhancing the quality of life for residents and patrons alike. The property's central location provides excellent visibility and accessibility, making it an ideal site for a variety of uses. This is a rare chance to acquire land in a highly desirable area with significant potential for growth and return on investment. The asking price is $55,000. The property is zoned for both commercial and residential use, offering flexibility for diverse development plans. Don't miss this chance to secure a piece of Jackson's dynamic downtown. The property is situated at latitude 35.61762 and longitude -88.822298 in Madison County, Tennessee.

    Property Features for 155 Union Ave

    General Information

    Property type
    Land

    HighLights

    • $55,000 asking price for a commercial and residential land parcel.
    • 0 square foot lot located at 155 Union Avenue, Jackson, TN 38301.
    • Located in the Jackson Walk area of downtown Jackson, Tennessee, offering walkability to amenities such as restaurants, shops, and parks.
    • Ideal for building a new home.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Jackson
    County
    Madison
    State
    Tennessee
    Longitude
    -88.822298
    Latitude
    35.61762

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    FAQs

    What type of property is this?
    Land - Prime Commercial/Residential Land, Build Your Dream!
    Where is this land located?
    The property is located at 155 Union Ave Jackson, TN.
    What is the asking price?
    The asking price for this property is $55,000.
    What are key features of this property?
    This property features: $55,000 asking price for a commercial and residential land parcel.; 0 square foot lot located at 155 Union Avenue, Jackson, TN 38301.; Located in the Jackson Walk area of downtown Jackson, Tennessee, offering walkability to amenities such as restaurants, shops, and parks.
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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
    155 Union Ave Jackson, TN 38301
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