Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    256 Preston St Jackson, TN 38301

    For Sale
    $500,000

    16,000 SF Warehouse, Owner Financing Available

    Property size:
    16,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This 16,000 square foot industrial property in Jackson, Tennessee, is offered at $500,000. The vacant building sits on a 2.3-acre lot and features 14-foot ceilings, two loading docks with two dock-high doors, and a walk-in freezer and cooler. Previously used as a manufacturing facility, this distribution/refrigerated warehouse boasts a fiberglass roof, a 480V electrical panel, and a fenced perimeter. The property is zoned for commercial use and offers significant potential for various businesses. Owner financing is available, making this an attractive investment opportunity. The building's history as the legendary Mrs. Sullivan's Pies facility adds unique character and potential for branding. The property includes ample space for storage and distribution, making it suitable for a variety of industrial uses. The asking price is $31.25 per square foot. Serious inquiries only.

    Property Features for 256 Preston St

    General Information

    Property type
    Refrigerated & Cold Storages
    Square Feet
    16,000 SF
    Lot Size
    100,188 SF

    HighLights

    • Owner financing available.
    • Former Mrs. Sullivan's Pies manufacturing facility.
    • 16,000+ SF warehouse.
    • 2.3‑acre lot with fenced perimeter.
    • Walk‑in freezer and cooler.
    • 14'+ ceilings.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mrs Sullivan's Pies Pie Shop

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Jackson
    County
    Madison
    State
    Tennessee
    Longitude
    -88.810105175234
    Latitude
    35.623307373201

    Nearby Similar for Sale

    • $630,000
      1,402 SF

      Restaurant with Drive-Thru on Corner Lot

      Restaurant with drive-thru, fixtures, and equipment included on 0.71-acre corner lot.
      1291 S Highland Ave, Jackson, TN 38301
      View Details
    • $250,000
      1,822 SF

      Turnkey Duplex in Jackson, TN

      Move-in ready duplex with modern features, ideal for investment.
      421 Hollywood Dr, Jackson, TN 38301
      View Details
    • Contact for pricing
      11,411 SF

      Class A Corporate Office Building

      Class A office building in premier business corridor, West Tennessee.
      26 Security Dr, Jackson, TN 38305
      View Details
    • $1,200,000
      2,768 SF

      Turn-Key Restaurant with Drive-Thru

      Restaurant with drive-thru in Jackson's busiest location.
      71 Carriage House Dr, Jackson, TN 38305
      View Details
    • $3,600,000
      5,090 SF

      Turnkey Multifamily Portfolio in Jackson

      39-door portfolio in high-demand rental areas with strong income potential.
      112 Holland Ave, Jackson, TN 38301
      View Details
    • $1,550,000
      45,000 SF

      Historic Downtown Office Building with Parking

      Historic office building in Jackson's central business district with parking.
      118 N Church St, Jackson, TN 38301
      View Details

    FAQs

    What type of property is this?
    Refrigerated / Cold Storage - 16,000 SF Warehouse, Owner Financing Available
    Where is this refrigerated / cold storage located?
    The property is located at 256 Preston St Jackson, TN.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: Owner financing available.; Former Mrs. Sullivan's Pies manufacturing facility.; 16,000+ SF warehouse.
    Request Owner's contact information
    256 Preston St Jackson, TN 38301
    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.
    256 Preston St
    Jackson, TN 38301
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    256 Preston St Jackson, TN 38301
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.