Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Brownsville Hwy Jackson, TN 38391

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    11 Acres, Hwy 70 Frontage, Development Potential

    Property Features for 0 Brownsville Hwy

    General Information

    Property type
    Farms

    We can help!

    Listing Contact
    Kathy Kitzman

    Listing Agent: Kathy Kitzman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional 11-acre property, located at 0 Brownsville Highway in Denmark, Tennessee (zip code 38391), presents a unique investment opportunity. Boasting 479,160 square feet of land, this parcel offers significant potential for both residential and commercial development. Situated conveniently near the Madison/Haywood County line, the property enjoys over 1600 feet of road frontage along Highway 70 and is less than 5000 feet from Interstate 40, providing excellent accessibility. The rolling terrain features soil suitable for residential development, with perc tests indicating the potential for 5-6 homes on lots ranging from 1.5 to 3 acres. A recent survey is available to delineate desired lot sizes. Furthermore, the property's prime location, road frontage, and proximity to I-40 and the burgeoning Blue Oval City make it an attractive prospect for commercial rezoning and development. The asking price for this versatile property is $699,995. This is a rare opportunity to acquire a significant land holding in a rapidly growing area. Don't miss out on this chance to capitalize on the potential of this strategically located property.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Jackson
    County
    Madison
    State
    Tennessee
    Longitude
    -89.0093748
    Latitude
    35.612863

    Nearby Similar for Sale

    • $789,900
      4,828 SF

      Turnkey Office in Madison Square

      Well-maintained office building with drive-thru, safe room, and generator.
      57 Directors Row, Jackson, TN 38305
      View Details
    • $899,000
      5,500 SF

      Versatile Industrial Building in Jackson

      5,500 SF industrial building with warehouse and office space.
      93 Miller Ave, Jackson, TN 38305
      View Details
    • $209,900
      1,768 SF

      Move-in Ready Renovated Office Space

      Recently renovated office space with functional floor plan in Jackson.
      109 Tucker St, Jackson, TN 38301
      View Details
    • $575,000
      1,402 SF

      Restaurant on Corner Lot

      Restaurant with drive-thru on a corner lot for sale.
      1291 S Highland Ave, Jackson, TN 38301
      View Details
    • New
      $5,135,000
      20,000 SF

      Retail Strip Center Investment Opportunity

      Retail strip center in Jackson's commercial corridor. Value-add potential.
      1000 Vann Dr, Jackson, TN 38305
      View Details
    • New
      $239,000
      Pending

      Former Restaurant on Corner Lot

      Restaurant with equipment on a high-visibility corner lot.
      1432 Riverside Dr, Jackson, TN 38301
      View Details
    • $300,000
      800 SF

      Versatile Commercial Property with Warehouses

      Commercial property featuring office space and multiple warehouses for sale.
      692 Boone Ln, Jackson, TN 38301
      View Details
    • New
      $925,000
      Pending

      Versatile Warehouse with Expansion Potential

      15,000 SF warehouse on 2.9 acres near I-40.
      75 United Dr, Jackson, TN 38305
      View Details
    • Contact for pricing
      2,575 SF

      Retail Redevelopment in Jackson, TN

      Class A retail redevelopment opportunity in Jackson's premiere retail corridor.
      817 Vann Dr, Jackson, TN 38305
      View Details
    • $215,000
      8,800 SF

      Jackson, TN Repair Shop

      8,800 SF repair shop with house for sale.
      600 Lower Brownsville Rd, Jackson, TN 38301
      View Details
    • $500,000
      5,055 SF

      Versatile Commercial Property in Jackson

      Two-acre commercial property with multiple buildings in downtown Jackson, TN.
      373 N Cumberland St, Jackson, TN 38301
      View Details
    • $395,000
      4,125 SF

      Commercial Building in Jackson, TN

      Commercial building with bar/grill setup and living quarters.
      449-451 E College St, Jackson, TN 38301
      View Details

    FAQs

    What type of property is this?
    Farm - 11 Acres, Hwy 70 Frontage, Development Potential
    Where is this farm located?
    The property is located at Brownsville Hwy Jackson, TN.
    What is the asking price?
    The asking price for this property is $699,995.
    What are key features of this property?
    This property features: 11-acre property (479,160 sq ft) in Denmark, TN (38391), located on Brownsville Highway.; Excellent highway access: over 1600 ft of frontage on Hwy 70, <5000 ft from I-40.; Suitable for residential & commercial development; perc tests show potential for 5-6 homes on 1.5-3 acre lots.
    (731) 664-1006 Call to check price and availability
    Request Owner's contact information
    Brownsville Hwy Jackson, TN 38391
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Brownsville Hwy
    Jackson, TN 38391
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Brownsville Hwy Jackson, TN 38391
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Kathy Kitzman
    (731) 664-1006
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!