Property profile

279 Walker Rd Rd Jackson, TN 38305

OFF-MARKET
Retail properties & Spaces
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Property summary

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

Location

279 Walker Rd Rd Jackson, TN 38305
Jackson metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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