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Property profile & analytics

23 Heritage Sq Jackson, TN 38305

  • Retail space
  • 24,064 SF
  • 1.40 lot acres
Value Estimation
Location Intelligence
Property ID
US80-3136531
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Slide & Ride II / Bar

Property Details for 23 Heritage Sq

Year built
1976
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
1.40 lot acres
Property size
24,064 SF
Zone code
B4
Property type
Retail space
APN
057055O A 00102
APU
057055OA00102

Description

This exceptional mixed-use property at 23 Heritage Sq, Jackson, TN, presents a compelling investment opportunity for owner-occupants or investors. Boasting a substantial 23,200 square feet, this versatile facility offers a blend of retail/showroom and warehouse space, ideally situated just one mile from Interstate 40 and Exit 82, providing convenient access to all of West Tennessee. The property sits on a 1.4-acre lot and can be subdivided into five potential flex spaces, offering significant flexibility for future tenants or uses. The layout includes approximately 15,000 square feet of showroom space, which could be further divided into three 5,000 square foot bays (approximate). In addition, there's a separate 3,200 square foot warehouse building with approximately 8,200 square feet of total warehouse space. The warehouse features 14-foot eves, roll-up door access, and a truck dock. The property benefits from three-phase power with two electric services and one water service. Currently, a bar and lounge occupies a 5,000 square foot northeast portion of the building on a month-to-month lease, generating a monthly income of $3,500. This property's prime location, ample space, and adaptable layout make it an attractive prospect for a variety of businesses and investors seeking a strong return on investment.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $440,000
  • CAP approach

    CAP return
    Estimation
    6%
    $405,000
    6.5%
    $395,000
    7%
    $390,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $350,000
    Geo Method
    $400,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $340,000
    Retail
    $420,000
    Mixed-Use
    $355,000
    Hospitality
    $445,000
    Educational
    $370,000
    Residential Income
    $340,000
    Energy
    $330,000
    Income-Based Land
    $410,000
    Food Service
    $395,000

Location Insight

  • Map
  • Local Demand
City
Jackson
County
Madison
State
Tennessee
Longitude
-88.8563
Latitude
35.6572
CBSA code
27180
CBSA name
JACKSON, TN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$9,149
$52,400
$210,120
$262,520
-
$131,000
$525,300
$656,300
More about this property
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