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Property profile & analytics
OFF-MARKET
Land

216 Fairground St Jackson, TN 38301

Property ID
Property summary
AI-generated overview

This exceptional 10,890 square foot lot presents a remarkable opportunity in the heart of Jackson, Tennessee. Located just two blocks south of the University of Memphis Lambuth Campus, this build-ready lot offers unparalleled convenience and accessibility. Its prime location places it within easy walking distance of vibrant downtown attractions, including the Jackson Walk, Farmers Market, The AMP, and Hub City Brewing. The property's dual commercial and residential zoning allows for diverse development options, making it ideal for both long-term and short-term rental investments or for building and reselling. All utilities are readily available, simplifying the construction process. Priced competitively at $19,900, this lot represents an excellent investment in a thriving and dynamic urban setting. The address is 216 N Fairground Street, Jackson, TN 38301, situated in the desirable LANA neighborhood of Madison County. This is a rare chance to acquire a highly desirable lot in a rapidly growing area, offering significant potential for future appreciation. Don't miss this chance to secure a piece of Jackson's vibrant downtown.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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