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    45 & Meridian Spg Dr Jackson, TN 38301

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    For Sale
    Contact for pricing

    37 Acres, Highway 45 S Exposure

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 37.43-acre commercial land parcel presents a remarkable investment opportunity in Jackson, Tennessee. Strategically located at the intersection of Highway 45 South and Meridian Springs Drive, this property boasts unparalleled visibility and accessibility. The site is ideally suited for a variety of commercial developments, offering significant potential for ground leases or build-to-suit projects. Its prime location within a thriving retail corridor ensures high traffic volume and strong consumer demographics. Highway 45 South experiences a substantial average annual daily traffic count of 30,150 vehicles, guaranteeing consistent exposure for any business established here. The surrounding area is anchored by a robust mix of established national retailers, including Walmart, Lowe's, Kroger, Cato, AT&T, Sally Beauty, GameStop, and Advance Financial, among others. This established retail presence creates a synergistic environment, attracting a large customer base and maximizing the potential for success. The property's size and location make it an exceptional opportunity for developers seeking to capitalize on the strong economic growth and high demand for commercial space in this rapidly developing area of South Jackson. This is a rare opportunity to acquire a significant land parcel in a high-traffic, high-visibility location with established retail neighbors. The property is zoned for commercial use and ready for immediate development.

    Property Features for 45 & Meridian Spg Dr

    General Information

    Property type
    Land
    Lot Size
    1,630,451 SF

    HighLights

    • 37.43‑acre commercial land parcel for sale in Jackson, TN.
    • High‑traffic location at Highway 45 South and Meridian Springs Drive.
    • Surrounding area includes Walmart, Lowe's, Kroger, and other national retailers.
    • Highway 45 South boasts 30,150 AADT.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Jackson
    County
    Madison
    State
    Tennessee
    Longitude
    -88.7984593
    Latitude
    35.544153

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    FAQs

    What type of property is this?
    Land - 37 Acres, Highway 45 S Exposure
    Where is this land located?
    The property is located at 45 & Meridian Spg Dr Jackson, TN.
    What are key features of this property?
    This property features: 37.43-acre commercial land parcel for sale in Jackson, TN.; High-traffic location at Highway 45 South and Meridian Springs Drive.; Surrounding area includes Walmart, Lowe's, Kroger, and other national retailers.
    Request Owner's contact information
    45 & Meridian Spg Dr Jackson, TN 38301
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    Jackson, TN 38301
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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
    45 & Meridian Spg Dr Jackson, TN 38301
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