Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Interstate 40 Jackson, TN 38305

    • Land
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Interstate 40

    Property type
    Land
    Property subtype
    Farms

    Description

    This exceptional 8-acre (352,836 sq ft) agricultural land parcel presents a remarkable investment opportunity in Jackson, Tennessee. Conveniently located with easy access to Interstate 40, this buildable property offers unparalleled potential for diverse development projects. The land boasts a tranquil pond, adding to its scenic appeal and creating a picturesque setting for various residential or commercial ventures. Its prime location makes it ideal for a new residential community, townhome development, or other similar projects. The property's size and accessibility make it a highly attractive option for developers and investors seeking versatile land options with significant growth potential. While the square footage is subject to appraisal, the current assessment provides a solid foundation for planning and development. This information is for reference only and is not part of any sales contract. Further due diligence is recommended.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Jackson
    County
    Madison
    State
    Tennessee
    Longitude
    -88.7948
    Latitude
    35.6768

    Comparable in this City

    • Value Estimation by Request

      4721 Bells Hwy

      Farms
      4721 Bells Hwy, Jackson, TN 38305
      View Details
    • Value Estimation by Request

      25 Jack Exum Dr

      Multifamily properties
      25 Jack Exum Dr, Jackson, TN 38305
      View Details
    • Value Estimation by Request

      Twin Oaks Pl

      Farms
      0 Twin Oaks Pl, Jackson, TN 38305
      View Details
    • Value Estimation by Request

      Old Medina Rd

      Farms
      0 Old Medina Rd, Jackson, TN 38305
      View Details
    • Value Estimation by Request

      Tige Hopper Rd

      Farms
      0 Tige Hopper Rd, Jackson, TN 38305
      View Details
    • Value Estimation by Request

      00 Old Spg Crk Rd

      Farms
      00 Old Spg Crk Rd, Jackson, TN 38305
      View Details

    Similar Nearby for Sale

    • $15,000,000

      Prime Jackson TN Land Investment

      75-Acre Commercial Development Opportunity
      1987 Us Highway 70 Byp, Jackson, TN 38305
      View Details
    • $750,000

      Jackson TN Land & Apartments

      Prime 217,800 SF Multifamily Opportunity
      25 Jack Exum Dr, Jackson, TN 38305
      View Details
    • $789,900
      154.30 Acres

      Turnkey Hunting Land Near Highway

      154.3-acre hunting property with established plots and waterfowl access.
      Hwy 412 E, Jackson, TN 38305
      View Details
    • New
      $4,500,000
      350.00 Acres

      Historic Farmland Near Jackson, Tennessee

      Extraordinary 350-acre property with farmland, timber, and development potential.
      Cotton Grove Rd, Jackson, TN 38305
      View Details
    • New
      $799,000
      62.00 Acres

      Productive Farmland with Residential Potential

      62-acre tract with farmhouse, tenant house, and development potential.
      353 Cotton Grove Rd, Jackson, TN 38305
      View Details
    • $1,750,000
      138.00 Acres

      Productive Farmland Near Lake Graham

      Investment opportunity with income and future development potential near Jackson.
      Cotton Grove Rd, Jackson, TN 38305
      View Details

    Similar Nearby for Lease

    • $18 SF/Yr
      9,100 SF

      Jackson, TN Retail Opportunity

      Prime Restaurant Space, 1,300 SF, High Traffic
      404 Oil Well Rd, Jackson, TN 38305
      View Details
    • Contact for pricing
      3,000 SF

      High-Profile Jackson Retail Land

      Prime 1-Acre Commercial Lot, Pad Ready
      3100 Highland Ave, Jackson, TN 38305
      View Details
    • Contact for pricing
      227,383 SF

      Jackson, TN Commercial Land

      Prime 5-Acre Retail Development Site
      38 Parker Dr, Jackson, TN 38305
      View Details
    • $18 SF/Yr
      1,257 SF

      Jackson Retail Center - Highway 45 Bypass

      High-traffic retail space, fully remodeled.
      1932 By Pass Byp, Jackson, TN 38305
      View Details
    • Contact for pricing

      Land Near Interstate 40

      Commercial land for rent near hotels and Interstate 40.
      151 Campbell Oaks Dr, Jackson, TN 38305
      View Details
    • Contact for pricing
      2,949 SF

      Redevelopment Opportunity on Emporium Drive

      1-acre site with existing building, ideal for redevelopment.
      1914 Emporium Dr, Jackson, TN 38305
      View Details
    Request Owner's contact information
    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.
    Interstate 40
    Jackson, TN 38305
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    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.