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    Frontage Highway 45 Byp Jackson, TN 38305

    Sponsored
    For Sale
    $561,924

    1.29 Acres, Prime Jackson, TN Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional 1.29-acre commercial land parcel presents a remarkable investment opportunity in Jackson, Tennessee. Situated on the highly visible N Highway 45 Bypass, this property boasts unparalleled access and exposure to a substantial daily traffic volume exceeding 45,000 vehicles. The land is part of the Sterling Farms Mixed Use Development, a strategically planned community designed to blend diverse commercial and residential uses. This allows for a variety of development options, making it ideal for a wide range of businesses. The developer is willing to subdivide the parcel, offering flexibility to acquire a smaller lot or potentially acquire up to 45 acres. Envisioned uses within Sterling Farms include restaurants, retail establishments, medical facilities, professional offices, and senior housing. This prime location in Jackson, Madison County, TN (zip code 38305) offers a unique blend of accessibility, visibility, and a thriving community atmosphere. The central location within Sterling Farms ensures synergy with complementary businesses and a strong potential for attracting customers and residents. This is a rare opportunity to secure a prominent position in a rapidly growing area. The asking price is $561,924.

    Property Features for Frontage Highway 45 Byp

    General Information

    Property type
    Land
    Lot Size
    56,192 SF
    Property Profile 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 - 1.29 Acres, Prime Jackson, TN Location
    Where is this land located?
    The property is located at Frontage Highway 45 Byp Jackson, TN.
    What is the asking price?
    The asking price for this property is $561,924.
    (800) 748-9254
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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
    Frontage Highway 45 Byp Jackson, TN 38305
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