82 Federal DrJackson, TN 38305

Property Details for 82 Federal Dr

Year built

1981

Lot size

0.23 AC

Property size (Sq ft)

2,449 SF

Zone code

B5

Property type

Retail properties

Property subtype

Retail space

APN

057055E A 00515

APU

057055EA00515

Description

This exceptional commercial property, located at 82 Federal Drive in Jackson, Tennessee, presents a unique investment opportunity. The building encompasses a substantial 2,449 square feet of space, offering ample room for a variety of business ventures. Situated on a conveniently sized 0.23-acre lot, the property provides ample parking and potential for expansion or outdoor use. The building's versatility makes it suitable for a wide range of commercial applications, from retail and office space to light industrial uses. Its prime location in Jackson, TN offers excellent visibility and accessibility, ensuring high traffic flow and convenient access for customers and employees. The asking price of $339,000 represents a compelling value for a property of this size and potential in a thriving market. The property is ready for immediate occupancy, allowing for a swift transition and commencement of operations. Serious inquiries are encouraged to explore the possibilities this property offers. Detailed property information and specifications are available upon request. This is an exceptional opportunity to acquire a well-located, versatile commercial property in a growing Tennessee market. Don't miss out on this chance to establish your business in a prime Jackson location.

• CAP approach

  CAP return

  Valuation

  6%

  $822,890

  6.5%

  $759,591

  7%

  $705,335

• Comparable approach

  Method

  Valuation

  Relative Method

  $481,129

  Geo Method

  $481,129

• Alternative Use

  Use

  Valuation

  Residential

  $640,744

  Hospitality

  $586,918

  Educational

  $488,309

  Medical

  $505,102

  Retail

  $759,591

Location Insight

City

Jackson

County

Madison

State

Tennessee

Latitude

35.6691

Longitude

-88.8351

CBSA code

27180

CBSA name

JACKSON, TN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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