0 Wright Dr, Jackson, TN 38305
This exceptional 11-acre commercial land parcel presents a remarkable investment opportunity in Jackson, Tennessee. Strategically located at the southwest corner of Dr. F.E. Wright Drive and Ridgecrest Road, this property boasts unparalleled visibility due to its prominent corner location at I-40 Exit 85, a high-traffic area. The site is zoned for commercial development and offers a unique chance to capitalize on the area's robust growth. A proposed development plan includes four lots ideally suited for a convenience store, restaurant, hotel, and other high-profile retailers. This prime location benefits from its proximity to major transportation arteries and a full complement of amenities, including some of the region's most popular tourist destinations. The 11-acre lot size provides ample space for a large-scale development, allowing for flexibility in design and maximizing potential return on investment. The property's high visibility and strategic location make it an exceptional opportunity for developers seeking a high-impact commercial project in a thriving market. The asking price is subject to offer, making this a compelling opportunity for discerning investors. The property is situated in Madison County, Tennessee, with a zip code of 38305. This location offers easy access to a large consumer base and significant potential for future growth.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.