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    Highway 45 Jackson, TN 38305

    For Sale
    $3,100,000

    68 Acres, Mixed-Use Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 68-acre commercial land parcel presents a prime mixed-use development opportunity in Jackson, Tennessee. Strategically located at the northeast corner of Ashport Road and Highland Avenue, this property boasts over two miles of road frontage, offering unparalleled visibility and accessibility. The land is zoned B-3, with county approval, and includes an additional two miles of B-4 zoned road frontage along Highland Avenue, opening possibilities for future residential development. Situated in a high-growth corridor of Jackson, this location benefits from proximity to industrial growth opportunities, ensuring strong long-term value. The property further enhances its investment appeal with a currently leased commercial sign site and a cell tower site with a ground lease paid in full, generating immediate passive income. The sellers are open to dividing the property, with potential tract sizes available upon request (see attached map). This is a rare opportunity to acquire a substantial land holding with significant development potential in a thriving Tennessee market. The asking price is $3,100,000. Detailed zoning information and potential development plans are available upon request.

    Property Features for 0 Highway 45

    General Information

    Property type
    Land
    Lot Size
    2,962,080 SF

    HighLights

    • Prime mixed‑use development opportunity.
    • Over 2 miles of road frontage.
    • 90‑acre B‑3 zoned parcel with county approvals.
    • Situated in Jackson's premier growth corridor.
    • High‑visibility location at the NE corner of Ashport and Highland, signalized intersection.
    • Over 2 miles of B‑4 zoned road frontage on Highland Avenue.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Jackson
    County
    Madison
    State
    Tennessee
    Longitude
    -88.8553968
    Latitude
    35.6768645

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    FAQs

    What type of property is this?
    Land - 68 Acres, Mixed-Use Potential
    Where is this land located?
    The property is located at Highway 45 Jackson, TN.
    What is the asking price?
    The asking price for this property is $3,100,000.
    What are key features of this property?
    This property features: Prime mixed-use development opportunity.; Over 2 miles of road frontage.; 90-acre B-3 zoned parcel with county approvals.
    (800) 748-9254
    Request Owner's contact information
    Highway 45 Jackson, TN 38305
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    Jackson, TN 38305
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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
    Highway 45 Jackson, TN 38305
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