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    OFF-MARKET
    Land

    0 Wright Dr, Jackson, TN 38305

    11 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 11 ac (479,160 SF)
    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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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