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    224 Parkstone Pl Jackson, TN 38305

    Sponsored
    For Lease
    $20 SF/Yr

    Jackson, TN Restaurant Space - 4,800 SF

    Lot size:
    4,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 4,800-square-foot retail space, formerly Parkstone Grill, is ideally situated in Jackson, Tennessee, at 224 Parkstone Pl, Murray Guard Drive, 38305, on a 1.5-acre lot. The single-tenant building boasts a prime location in one of Jackson's fastest-growing retail corridors, conveniently situated off Interstate 40, Exit 85. The property features 12 parking spaces and is equipped with essential restaurant infrastructure, including fire suppression, a walk-in freezer, and a walk-in cooler, making it move-in ready for a new food service tenant. Its proximity to a travel ball field attracting 400,000 annual visitors and its location just one mile from the proposed Great Wolf Lodge Water Park presents a significant advantage. The area offers a wealth of retail amenities, including hotels, fast food, and grocery stores. The asking rate is $20.00 per square foot, NNN, AS IS. This is a fantastic opportunity for a variety of food service concepts, from small sit-down restaurants to bakeries and sandwich shops. Some restrictions may apply. The property is a single-story building with APN 057 022.11.

    Property Features for 224 Parkstone Pl

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,800 SF

    Building Details

    Stories
    1

    Unit(s) available at that property

    Space
    Size
    4,800 SF
    Rate per SF
    $20

    HighLights

    • 4,800 SF retail space, formerly Parkstone Grill, located at 224 Parkstone Pl, Jackson, TN 38305.
    • Situated on a 1.5‑acre lot with 12 parking spaces in a high‑growth retail corridor off I‑40, Exit 85.
    • Features restaurant infrastructure including fire suppression, walk‑in freezer, and walk‑in cooler.
    • Prime location near a travel ball field (400,000 annual visitors) and one mile from the proposed Great Wolf Lodge.
    • Asking price: $20/SF, NNN, AS IS. APN 057 022.11.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Wholesale Shop Auto Repair Shop Dental Office Nail Salon Gym & Fitness Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Jackson
    County
    Madison
    State
    Tennessee
    Longitude
    -88.7794935
    Latitude
    35.6738093

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    FAQs

    What type of property is this?
    Restaurant - Jackson, TN Restaurant Space - 4,800 SF
    Where is this restaurant located?
    The property is located at 224 Parkstone Pl Jackson, TN.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: 4,800 SF retail space, formerly Parkstone Grill, located at 224 Parkstone Pl, Jackson, TN 38305.; Situated on a 1.5-acre lot with 12 parking spaces in a high-growth retail corridor off I-40, Exit 85.; Features restaurant infrastructure including fire suppression, walk-in freezer, and walk-in cooler.
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    224 Parkstone Pl Jackson, TN 38305
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    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
    224 Parkstone Pl Jackson, TN 38305
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