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    Sterling Farm Dr Jackson, TN 38305

    For Sale
    $1,750,000

    10 Acres, Mixed-Use Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 10-acre commercial land parcel presents a unique investment opportunity in Jackson, Tennessee. Located on Sterling Farms Drive, zip code 38305, this property boasts a highly visible location with 45,000 additional vehicles passing by daily. The seller is a developer willing to subdivide the land into smaller parcels, ranging from 10 to 45 acres, to accommodate various development plans. The site's strategic location within the Sterling Farms Mixed-Use Development allows for a diverse range of possibilities. Imagine building senior housing, apartments, a large medical facility, or professional office space, all benefiting from the area's strong demographics and high traffic count. The mixed-use design of Sterling Farms seamlessly blends retail, restaurants, medical services, professional services, and local retail opportunities with multi-family, single-family, and local business options. This prime location in Madison County offers unparalleled access to amenities and a thriving community. The asking price for this expansive tract is $1,750,000. Don't miss this chance to acquire a significant piece of Jackson's burgeoning commercial landscape. Contact us today to explore the potential of this remarkable property and discuss subdivision options.

    Property Features for 0 Sterling Farm Dr

    General Information

    Property type
    Land
    Lot Size
    435,600 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Jackson
    County
    Madison
    State
    Tennessee
    Longitude
    -88.8586552
    Latitude
    35.7016358

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    FAQs

    What type of property is this?
    Land - 10 Acres, Mixed-Use Potential
    Where is this land located?
    The property is located at Sterling Farm Dr Jackson, TN.
    What is the asking price?
    The asking price for this property is $1,750,000.
    (800) 748-9254
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    Sterling Farm Dr 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
    Sterling Farm Dr Jackson, TN 38305
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