Property profile

123 Ragland Rd F Jackson, TN 38305

OFF-MARKET
Warehouses
Property ID
US80-1273328
20,000 SF 4.2 ac lot Built 1975
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional flex/warehouse property, situated at 123 Ragland Road in Jackson, Tennessee, presents a unique investment opportunity. Located in Madison County, zip code 38305, this multi-tenant industrial building offers nine available spaces, ranging in size from a compact 430 square feet to a substantial 6,300 square feet. The property's flexible design caters to a wide array of business needs, making it ideal for various commercial enterprises. Key features include convenient access to direct rail spur, enhancing logistical efficiency for businesses requiring freight transport. Furthermore, the property includes secure fenced storage areas, providing added peace of mind for inventory and equipment. The property is well-suited for contractors, with garage spaces available. Currently, an attractive incentive is being offered: up to three months of free rent. This prime location in Jackson, TN offers excellent accessibility and visibility, making it an attractive proposition for businesses seeking a functional and strategically located space. The property's versatility and attractive incentives make it a compelling opportunity for businesses of all sizes. Contact us today to learn more about this exceptional property and schedule a viewing.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1975
Construction FRAME
Total area 20,000 SF
Lot 4.2 ac (182,952 SF)
Zoning code I2
APN 057066 04501
UPID US80-1273328

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Storage Facility
  • Moving Company
  • Limousine Service

Location

123 Ragland Rd, Unit F Jackson, TN 38305-4366
Jackson metro Census 200 JACKSON, TN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.60M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.62M

Owner & transaction history

since 2022
Last sale
$1.5M
2 recorded transactions
2022
Price N/A
1969
Price N/A

Zoning & alternative use

I2 · Jackson, TN
Top alternative use upside
Commercial (general) $2.5M +244.5%
Retail stores $2.5M +235.1%
Auto repair, garage $1.8M +139.8%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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