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    Sterling Farm Dr Jackson, TN 38305

    For Sale
    $1,150,000

    3.72 Acres, Mixed-Use Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 3.72-acre commercial land parcel presents a unique investment opportunity in Jackson, Tennessee. Located on Sterling Farm Drive, this property boasts a prime location within a thriving mixed-use development, offering unparalleled visibility and accessibility. The site is strategically positioned to benefit from high traffic counts, estimated at 45,000 additional daily passes. The seller, a developer, will subdivide the land into smaller parcels, ranging in size from the current 3.72 acres up to a maximum of 45 acres, accommodating a variety of development plans. This flexibility allows for diverse uses, including restaurants, retail spaces, medical facilities, professional offices, and senior housing. The Sterling Farms development master plan thoughtfully integrates retail, restaurants, medical services, professional services, and local retail opportunities with multi-family, single-family residential, and local business components. The developer will finalize the lot platting, ensuring a seamless transition for the buyer. This property's central location within Jackson, combined with its high visibility and flexible development potential, makes it an ideal investment for both short-term and long-term growth. The asking price for this exceptional opportunity is $1,150,000. The property is situated in Madison County, Tennessee, with a zip code of 38305.

    Property Features for 0 Sterling Farm Dr

    General Information

    Property type
    Land
    Lot Size
    162,043 SF

    HighLights

    • 3.72‑acre commercial land parcel in Jackson, TN, on Sterling Farm Drive.
    • Prime location in thriving mixed‑use development with high visibility and accessibility, benefiting from 45,000+ daily vehicle passes.
    • Seller will subdivide into smaller parcels (up to 45 acres total), accommodating various uses including retail, medical, and residential.
    • Master‑planned development with integrated retail, restaurants, and residential components.
    • Seller will finalize lot platting; asking price: $1,150,000.
    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 - 3.72 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 $1,150,000.
    What are key features of this property?
    This property features: 3.72-acre commercial land parcel in Jackson, TN, on Sterling Farm Drive.; Prime location in thriving mixed-use development with high visibility and accessibility, benefiting from 45,000+ daily vehicle passes.; Seller will subdivide into smaller parcels (up to 45 acres total), accommodating various uses including retail, medical, and residential.
    (800) 748-9254
    Request Owner's contact information
    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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