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
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    600 Lower Brownsville Rd Jackson, TN 38301

    • Commercial real estate
    • 8,800 SF
    For Sale
    View listing
    $299,900
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 600 Lower Brownsville Rd

    Year built
    1977
    Property size
    8,800 SF
    Property type
    Commercial real estate

    Description

    This exceptional commercial property, located at 600 Lower Brownsville Road in Jackson, Tennessee, offers 8,800 square feet of versatile space. Situated on a lot with no acreage specified, this "Other" type property presents a unique opportunity for a variety of businesses. The building's substantial size allows for ample room for operations, storage, or a combination of uses. Its prime location in Jackson offers excellent accessibility and visibility, making it an ideal choice for businesses seeking a strong presence in the area. The asking price is $299,900. This represents a significant value for a property of this size and potential. The property's versatility makes it suitable for a wide range of commercial endeavors, from retail and office space to light industrial or warehousing. Interested parties are encouraged to conduct their own due diligence to determine the suitability of the property for their specific needs. The absence of acreage information should be considered when evaluating the property's potential. Further details regarding the property's zoning, utilities, and internal layout are available upon request. This is a rare opportunity to acquire a substantial commercial property in a desirable Jackson location at a competitive price. Serious inquiries only.

    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
    -88.8856
    Latitude
    35.6205

    Comparable in this City

    • Value Estimation by Request
      1.00 Acre

      1871 Highland Ave

      Land • 1.00 Acre
      1871 Highland Ave, Jackson, TN 38301
      View Details
    • Value Estimation by Request

      00 Highway 45 Byp

      Multifamily properties
      00 Highway 45 Byp, Jackson, TN 38301
      View Details
    • Value Estimation by Request

      & Bedford White Rd

      Multifamily properties
      0 & Bedford White Rd, Jackson, TN 38301
      View Details
    • Value Estimation by Request

      1340 Highland Ave

      Land
      1340 Highland Ave, Jackson, TN 38301
      View Details
    • Value Estimation by Request

      Mifflin Rd

      Land
      0 Mifflin Rd, Jackson, TN 38301
      View Details
    • Value Estimation by Request
      0.31 Acres

      123 Airways Blvd

      COMMERCIAL (GENERAL) • 0.31 Acres
      123 Airways Blvd, Jackson, TN 38301-5948
      View Details

    Similar Nearby for Sale

    • $1,250,000

      High-Yield Jackson TN Investment

      Multi-use Land, Prime Location
      0 & Bedford White Rd, Jackson, TN 38301
      View Details
    • $40,000

      Prime Jackson Commercial Land

      High-traffic lot, ideal for office or retail.
      1416 Hollywood Dr, Jackson, TN 38301
      View Details
    • $70,000

      Jackson, TN Commercial Land Investment

      4.5 Acres, Hwy 45 Bypass, No City Taxes
      00 Highway 45 Byp, Jackson, TN 38301
      View Details
    • $630,000
      1,402 SF

      Prime Jackson, TN Commercial Lot

      0.71-acre lot, 1,402 sqft building
      1291 Highland Ave, Jackson, TN 38301
      View Details
    • $35,000

      Mifflin Road Commercial Land Parcel

      4.2-Acre Commercial Land, Jackson, TN
      0 Mifflin Rd, Jackson, TN 38301
      View Details
    • $299,900
      8,800 SF

      Jackson TN Commercial Space

      8,800 sq ft Commercial Building
      600 Lower Brownsville Rd, Jackson, TN 38301
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr
      4,800 SF

      Ivey Building: Midtown Jackson Office Space

      Modern Office Suites, Prime Midtown Location
      1341 Highland Ave, Jackson, TN 38301
      View Details
    • Contact for pricing

      Land Near Interstate 40

      Commercial land available near Interstate 40 and hotels.
      70 Campbell Ln, Jackson, TN 38301
      View Details
    • $15 SF/Yr
      2,500 SF

      Downtown Office Space For Rent

      2,500 sq ft office space in the heart of downtown.
      513 Airways Blvd, Jackson, TN 38301
      View Details
    • $9 SF/Yr
      6,249 SF

      Jackson, TN Office Space for Lease

      Flexible Workspaces in Downtown Jackson
      118 Liberty St, Jackson, TN 38301
      View Details
    • Contact for pricing
      27,600 SF

      Jackson, TN Industrial Space

      27,600 SF Manufacturing/Flex Space Available
      68 College Park Cv, Jackson, TN 38301
      View Details
    • Contact for pricing
      21,479 SF

      Jackson, TN Office Space for Lease

      21,479 SF Office Building - Modern Upgrades
      1321 Highland Ave, Jackson, TN 38301
      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.
    600 Lower Brownsville Rd
    Jackson, TN 38301
    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.