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    Retail properties & Spaces

    279 Walker Rd Rd, Jackson, TN 38305

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    AI-generated overview

    This exceptional 56,628 square foot property at 279 Walker Rd Road in Jackson, Tennessee, presents a unique investment opportunity. Zoned to allow for diverse uses, this land offers significant potential for developers and investors. Currently configured as a multifamily building, the property's versatility extends to medical, retail, and office spaces, catering to the high demand near Union University. Its strategic location directly outside the university gates and adjacent to Thompson Farms ensures high visibility and accessibility. The property also benefits from its proximity to Cherry Hill apartments, providing a built-in population base of students and residents who appreciate the convenience of nearby shopping, dining, and entertainment options. The asking price is $379,999. The property's substantial lot size provides ample space for expansion or redevelopment, making it an attractive prospect for those seeking a high-return investment in a thriving Tennessee community. The property's diverse zoning and prime location near Union University and established residential areas create a compelling investment opportunity with significant upside potential. This is a rare chance to acquire a versatile property in a high-growth area. The property is located in Madison County, Tennessee, with a zip code of 38305.

    Property profile
    Verified
    Property type Retail properties & Spaces
    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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    Owner & transaction history
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    Zoning & alternative use
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    Permitted uses
    Allowed · conditional · prohibited
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