131 Tucker StJackson, TN 38301

Property Details for 131 Tucker St

Year built

1969

Lot size

0.38 AC

Property size (Sq ft)

5,000 SF

Zone code

B4

Property type

Office properties

Property subtype

Other office properties

APN

057065P H 01900

APU

057065PH01900

Description

This exceptional 5,000 square foot special purpose property located at 131 Tucker Street in Jackson, Tennessee, presents a unique investment opportunity. Situated on a 0.38-acre lot, this single-tenant building offers significant flexibility. The property features a single story design and boasts ample parking with 25 spaces available. The interior is currently configured as multiple offices, providing the potential for either a single large tenant or the possibility of leasing individual office spaces. The layout allows for adaptability to suit a variety of business needs. Renovations can be negotiated depending on the lease terms and tenant requirements, offering a chance to customize the space to perfectly match your operational needs. A minimum one-year lease is required. The property's address is 131 Tucker Street, Jackson, TN 38301. The Assessor's Parcel Number (APN) is 065P. This property is ideal for businesses seeking a versatile and well-located space in a thriving Jackson community. The property's size and parking capacity make it suitable for a range of uses. Contact us today to learn more about this exciting opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $1,142,894

  6.5%

  $1,054,979

  7%

  $979,623

• Comparable approach

  Method

  Valuation

  Relative Method

  $389,800

  Geo Method

  $389,800

• Alternative Use

  Use

  Valuation

  Residential

  $1,308,174

  Hospitality

  $1,198,280

  Educational

  $996,955

  Medical

  $1,031,242

  Retail

  $1,550,819

Location Insight

City

Jackson

County

Madison

State

Tennessee

Latitude

35.6366

Longitude

-88.8248

CBSA code

27180

CBSA name

JACKSON, TN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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