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    115 Calvin Dr Jackson, TN 38301

    Sponsored
    For Sale
    $49,500

    Acre lot, prime location, $49,500

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 43,560 square foot commercial and residential land parcel is situated in the desirable Calvin Estates Subdivision in Jackson, Tennessee, and presents a unique investment opportunity. Priced at $49,500, this approximately one-acre lot offers convenient access to essential utilities, including county water, natural gas, cable television, and internet service. While a septic tank was installed around 1977, potential buyers should be aware that it may require replacement. A significant advantage is the property's location within an area subject only to county taxes. Please note that the exact acreage is to be verified by a surveyor. All provided information is believed to be accurate, however, it is not warranted by the seller. This description serves as a reference only and does not constitute a legally binding part of any sales agreement. This property is ideal for developers or investors seeking a versatile land parcel in a convenient location. The dual commercial and residential zoning opens up a wide range of possibilities. Don't miss this chance to acquire a valuable piece of land in a thriving Tennessee community.

    Property Features for 115 Calvin Dr

    General Information

    Property type
    Land

    HighLights

    • $49,500 asking price.
    • 1‑acre commercial/residential land parcel.
    • 43,560 square foot lot size.
    • Located in Jackson, TN, in the Calvin Estates Subdivision.
    • County water, natural gas, cable, and internet available.
    • Septic tank (approx. 1977) likely needs replacement.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Garden Center Home Appliance Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Jackson
    County
    Madison
    State
    Tennessee
    Longitude
    -88.721589
    Latitude
    35.613843

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    FAQs

    What type of property is this?
    Land - Acre lot, prime location, $49,500
    Where is this land located?
    The property is located at 115 Calvin Dr Jackson, TN.
    What is the asking price?
    The asking price for this property is $49,500.
    What are key features of this property?
    This property features: $49,500 asking price.; 1-acre commercial/residential land parcel.; 43,560 square foot lot size.
    Request Owner's contact information
    115 Calvin Dr 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
    115 Calvin Dr Jackson, TN 38301
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