Retail Warehouse with Dock
For Sale
$859,000
91 Northstar Dr, Jackson, TN 38305
COMMERCIAL - JACKSON, TN
Property Size7,320 SF
Price / SF$117.35
Days on Market249
Property Features for 91 Northstar Dr
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
B5
Subdivision
NORTHSTAR PARK
Standard status
Active
APN
009.00
Size
7,320 SF
Taxes and HOA fees
Tax Description
033J A 009.00
Tax Annual Amount
2811
Legal Description
033J A 009.00
Building Details
Year built
2004
Listing Agency:
Prosper Realty Group
(731) 256-9652
Listed By:
Alexandria Stout · License #375002
(731) 363-0995
Added: Nov 24, 2025
Changed: Jun 17
Last Checked: Jul 31 at 9:06PM
MLS# 135063
Copyright © 2026 Tennessee Valley 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 versatile commercial retail/warehouse building totals approximately 7,200 SF and is laid out to support multiple business functions. The front portion includes an approximately 3,600 SF open showroom with concrete floors, exposed steel framing, open ceilings, and large glass storefronts designed to bring in natural light. A finished office area of approximately 1,650 SF includes a break/kitchen area, two private offices, an equipment room, three bathrooms (including one with a stand-up shower), and a storage closet. The rear portion provides about 1,950 SF of open shell storage with concrete floors and an 8' x 10' dock door for loading.
Located at 91 Northstar Dr in Jackson, Tennessee (Madison County), the property is listed as zoned B5. The combination of a storefront-facing showroom and a rear loading-oriented area can support operators who need both customer-facing space and practical back-of-house storage.
The configuration may fit a range of retail, service, or distribution needs, supported by the dedicated finished office and multi-bay style showroom presence at the front, while the rear storage/open shell is available for warehousing, overflow, or flexible operational use. With its concrete finishes, dock door, and separate functional spaces, the building is designed to accommodate day-to-day business activity from the front entrance through loading operations at the rear.
Located at 91 Northstar Dr in Jackson, Tennessee (Madison County), the property is listed as zoned B5. The combination of a storefront-facing showroom and a rear loading-oriented area can support operators who need both customer-facing space and practical back-of-house storage.
The configuration may fit a range of retail, service, or distribution needs, supported by the dedicated finished office and multi-bay style showroom presence at the front, while the rear storage/open shell is available for warehousing, overflow, or flexible operational use. With its concrete finishes, dock door, and separate functional spaces, the building is designed to accommodate day-to-day business activity from the front entrance through loading operations at the rear.
Key Highlights
- 7,200 SF commercial building suitable for retail, service, or distribution.
- Flexible layout with showroom, office, and warehouse space.
- 3,600 SF open front showroom with large glass storefronts.**
Financial Insights For Retail
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 | $109.8k | $15.00 |
| − Vacancy | −$3.0k | −$0.41 |
| EGI | $106.8k | $14.59 |
| − OpEx | −$32.1k | −$4.38 |
| NOI | $74.8k | $10.22 |
7,320 SF · lease $15.00/SF/yr · vacancy 2.70% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.07M
$934.8K – $1.25M
NOI $74,785 @ 7.0% cap · market cap 8.71%
Second Best
Warehouse
$832.7K
$728.6K – $971.5K
NOI $58,291 @ 7.0% cap · market cap 6.79%
Theoretical Best
Office A
$1.51M
$1.32M – $1.76M
NOI $105,513 @ 7.0% cap · market cap 12.28%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Dock-high doors
Location Intelligence
Trade Area within ½ mile
17
Businesses Nearby
Balanced
Demand for This Use
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 Industrial 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?
Flex space - Flexible retail and warehouse layout with a front showroom, finished office, and rear storage/loading dock door.
Where is this flex space located?
The property is located at 91 Northstar Dr Jackson, TN.
What is the asking price?
The asking price for this property is $859,000.
What are key features of this property?
This property features: 7,200 SF commercial building suitable for retail, service, or distribution.; Flexible layout with showroom, office, and warehouse space.; 3,600 SF open front showroom with large glass storefronts.**
