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    200 Park Sq Jackson, TN 38305

    Sponsored
    For Sale
    $695,000

    High-visibility commercial lot, I-40 access.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.33-acre commercial lot, located at 200 E Park Square in Jackson, Tennessee, presents a unique investment opportunity. Boasting 57,934.8 square feet of land, this property enjoys a prime location within Jackson's fastest-growing retail development. Its strategic positioning offers unparalleled visibility from Interstate 40 and Exit 85, ensuring high traffic exposure for any commercial venture. The area is anchored by the City of Jackson Travel Ball park, generating an impressive $400,000 annually. Existing amenities include restaurants and hotels, and the highly anticipated arrival of The Great Wolf Lodge, projected to attract 450,000 visitors yearly, further enhances the area's appeal and potential for significant growth. The property is zoned for commercial use, offering flexibility for a variety of development options. The asking price for this exceptional property is $695,000. This is a rare chance to acquire a highly visible and strategically located commercial lot in a thriving retail corridor. Don't miss this opportunity to capitalize on the significant growth potential of this prime Jackson, Tennessee location. The property is situated in Madison County, Tennessee, and has a zip code of 38305.

    Property Features for 200 Park Sq

    General Information

    Property type
    Retail properties

    HighLights

    • 1.33‑acre commercial lot (57,934.8 sq ft) at 200 E Park Square, Jackson, TN, zoned for commercial use.
    • Prime location in Jackson's fastest‑growing retail development, offering high visibility from I‑40 and Exit 85.
    • Anchored by a travel ball park generating $400,000 annually, with nearby restaurants, hotels, and the upcoming Great Wolf Lodge (projected 450,000 annual visitors).
    • Asking price: $695,000.
    • Located in Madison County, TN, zip code 38305.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Jackson
    County
    Madison
    State
    Tennessee
    Longitude
    -88.7776759
    Latitude
    35.6772006

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    FAQs

    What type of property is this?
    Retail property - High-visibility commercial lot, I-40 access.
    Where is this retail property located?
    The property is located at 200 Park Sq Jackson, TN.
    What is the asking price?
    The asking price for this property is $695,000.
    What are key features of this property?
    This property features: 1.33-acre commercial lot (57,934.8 sq ft) at 200 E Park Square, Jackson, TN, zoned for commercial use.; Prime location in Jackson's fastest-growing retail development, offering high visibility from I-40 and Exit 85.; Anchored by a travel ball park generating $400,000 annually, with nearby restaurants, hotels, and the upcoming Great Wolf Lodge (projected 450,000 annual visitors).
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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
    200 Park Sq Jackson, TN 38305
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