1911 Highland Ave Jackson, TN 38301
- Grocery and convenience stores
- 2,552 SF
- 1.20 lot acres
Current Use by Public Records
- Gas Station / Gas Station
Property Details for 1911 Highland Ave
- Year built
- 1965
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.20 lot acres
- Property size
- 2,552 SF
- Zone code
- B5
- Property type
- Grocery and convenience stores
- APN
- 057109A A 00100
- APU
- 057109AA00100
Description
This exceptional 1-acre commercial land parcel presents a unique investment opportunity in Jackson, Tennessee. Located at the highly visible hard corner of 1911 S. Highland Ave, this property offers unparalleled exposure to a substantial daily traffic volume. The 4,500 square foot building is suitable for multiple tenants, providing flexibility for various retail, office, or mixed-use development plans. Its prime location in a bustling area ensures high foot traffic and excellent accessibility, making it an ideal site for businesses seeking maximum visibility and customer reach. The property's zoning allows for a range of commercial uses, providing investors with considerable development options. This is a rare chance to acquire a strategically positioned commercial property in a thriving market, offering significant potential for long-term growth and return on investment. The address is 1911 S. Highland Ave, Jackson, TN 38301. This property is zoned for commercial use and offers significant potential for a variety of businesses. The existing building provides immediate income potential or can be easily renovated or redeveloped to suit a new tenant's needs. Don't miss this opportunity to own a piece of prime Jackson real estate.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $700,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $620,000
- 6.5%
- $665,000
- 7%
- $690,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $675,000
- Geo Method
- $760,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $675,000
- Retail
- $555,000
- Mixed-Use
- $640,000
- Hospitality
- $655,000
- Educational
- $550,000
- Residential Income
- $645,000
- Energy
- $625,000
- Income-Based Land
- $665,000
- Food Service
- $575,000
Location Insight
- Map
- Local Demand
- City
- Jackson
- County
- Madison
- State
- Tennessee
- Longitude
- -88.813
- Latitude
- 35.5584
- CBSA code
- 27180
- CBSA name
- JACKSON, TN METROPOLITAN STATISTICAL AREA
