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    00 Royal St Jackson, TN 38301

    Sponsored
    For Sale
    $450,000

    12.73 Acres, Residential Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional 554,518.8 square foot parcel presents a remarkable opportunity for residential development in Jackson, Tennessee. Located at 00 N Royal Street, this 12.73-acre tract boasts a highly desirable location, offering convenient access to key amenities and infrastructure. Its proximity to N Parkway ensures excellent visibility and accessibility, while its close proximity to a school zone and public park adds significant appeal for potential residents. The property's strategic position also places it within minutes of a vibrant array of local restaurants, banks, theaters, and the Jackson sports plex, enhancing its overall desirability. The expansive lot size allows for the creation of a new subdivision, an apartment complex, or any other residential investment project that aligns with the vision of a discerning developer. The property is zoned for residential use (verification required). This prime location and substantial acreage make this an exceptional investment opportunity in a thriving Tennessee community. The property is situated in Madison County, Tennessee, with a zip code of 38301. Detailed site plans and zoning information are available upon request. This is a rare chance to acquire a large, well-located parcel of land with significant development potential. Serious inquiries only.

    Property Features for 00 Royal St

    General Information

    Property type
    Land

    HighLights

    • 12.73‑acre residential development site in Jackson, TN (00 N Royal Street, zip code 38301).
    • 554,518.8 square foot lot with excellent visibility and access to amenities.
    • Conveniently located near N Parkway, schools, parks, restaurants, banks, theaters, and the Jackson sports plex.
    • Zoned residential (verification required).
    • Significant development potential for subdivisions or apartment complexes.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Spa & Massage Law Firm Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Jackson
    County
    Madison
    State
    Tennessee
    Longitude
    -88.8023643
    Latitude
    35.6429367

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    FAQs

    What type of property is this?
    Land - 12.73 Acres, Residential Potential
    Where is this land located?
    The property is located at 00 Royal St Jackson, TN.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: 12.73-acre residential development site in Jackson, TN (00 N Royal Street, zip code 38301).; 554,518.8 square foot lot with excellent visibility and access to amenities.; Conveniently located near N Parkway, schools, parks, restaurants, banks, theaters, and the Jackson sports plex.
    Request Owner's contact information
    00 Royal St Jackson, TN 38301
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    Jackson, TN 38301
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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
    00 Royal St Jackson, TN 38301
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