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Commercial Development Land For Sale
For Sale
$625,000

224 Murray Guard Drive, Jackson, TN 38305

Commercial development land with utilities and road frontage in Jackson.

Property Size257,004 SF
Lot Size2.87 Acres
Price / SF$2.43
Days on Market791

Property Features for 224 Murray Guard Drive

General Information

Standard status Active
Size 257,004 SF
Lot size 2.87 Acres
Property subtype Land / Unimproved Land

Taxes and HOA fees

Annual Taxes $4,969

Amenities

0.0
Listing Agency: Hickman Realty Group Inc.-Jack
Listed By: Alan Sharp Castleman · License #320248
Source: Compass
Added: Jul 14, 2024 Changed: Sep 11 Last Checked: Sep 12 at 11:17AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hickman Realty Group Inc.-Jack

Investment Insights

Based on property information with market context.

This offering consists of two parcels, with the primary parcel zoned OC for commercial development. The front parcel, associated with the 224 Murray Guard Drive address, is situated north of Shadow Creek Professional Office/Medical Park. This 2.87-acre tract is flat and provides an opportunity for developing a single large office or clinic, or multiple smaller units, with ample parking space. All utilities are available, and the property features 435 feet of road frontage. The additional 3.3-acre parcel includes a TVA power line easement and is located in a flood zone, restricting building construction. However, it can serve as green space for the 2.87-acre development. The location in North Jackson provides quick access to Highway 45 and I-40, facilitating access to West Tennessee.

Key Highlights

  • Zoned OC for commercial development, ideal for office/clinic.
  • 2.87‑acre flat tract with all utilities available and ample parking space.
  • Excellent location in North Jackson with quick access to Hwy 45 & I‑40.

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Auto Repair Shop Building Supply Big Box & Wholesale Store Auto Parts Store HVAC Service Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

697
Businesses Nearby

Demographics for 38305, TN

52,686
Population
22,950
Households
2.3
Avg Household Size
40
Median Age
32%
College-Educated
94%
High-School Grad
128.0 sq mi
ZIP Area
412
Density / Sq Mi
$66,292
Median Household Income
$37,416
Median Earnings
$1,201
Median Rent
$221,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial development land with utilities and road frontage in Jackson.
Where is this commercial land located?
The property is located at 224 Murray Guard Drive Jackson, TN.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Zoned OC for commercial development, ideal for office/clinic.; 2.87‑acre flat tract with all utilities available and ample parking space.; Excellent location in North Jackson with quick access to Hwy 45 & I‑40.
More about this property
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