000 Royal St Jackson, TN 38301
This exceptional 12-acre parcel located at 000 Royal Street, Jackson, Tennessee, 38301 presents a remarkable opportunity for residential development. Zoned RG1, this property offers significant potential for townhomes, duplexes, or multifamily projects. The expansive lot size provides ample space for a substantial development, catering to a variety of housing needs. All utilities are readily available, as confirmed by the JEA map, simplifying the construction process and minimizing upfront infrastructure costs. The property's infill location within Jackson offers convenient access to local amenities, schools, and transportation networks, making it an attractive location for future residents. This is a rare opportunity to acquire a large, well-situated parcel of land in a thriving Tennessee community. The asking price for this prime development land is $144,000. Ownership is currently held by Thompson. The property's latitude and longitude coordinates are 35.65141823121823 and -88.8017618496238 respectively. This is a turnkey opportunity for developers seeking a high-value residential project in a desirable location. Serious inquiries only.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.