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Property profile & analytics
OFF-MARKET Estimated value $375,000
Retail space

1321 Highland Ave Jackson, TN 38301-7370

10,422 SF 1.35 ac lot Built 2014
Entity Owned 11-yr Hold ~ Est. High Equity
Property ID
US80-2044811
Property summary
AI-generated overview

This meticulously renovated 21,479 square foot single-tenant office building in Jackson, Tennessee, offers a blend of traditional and modern features. Located at 1321 S Highland Ave, in Madison County (zip code 38301), this Class C property is ideal for a variety of office uses, including traditional, medical, executive, and creative office spaces. The building boasts extensive accessibility features, including wheelchair ramps and automatic restroom doors, ensuring inclusivity and ease of access for all. Modern upgrades include all-new LED lighting, creating a bright and inviting atmosphere. The interior features numerous private offices and training rooms, perfect for collaborative work and professional development. Abundant natural light streams in through large front windows, enhancing the aesthetic appeal and creating a positive work environment. The property is suitable for a single tenant and offers a versatile space adaptable to various business needs. This prime location in Jackson, TN presents a unique opportunity for businesses seeking a well-maintained and accessible office space. The property is classified as Retail, Office, and Restaurant, though the current configuration is solely office space.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2014
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 10,422 SF
Lot 1.35 ac (58,806 SF)
APN 057100I D 02101
UPID US80-2044811
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Dollar Tree Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.64M
Comparable Approach Comparable
$1.37M
Blend (final) Blend
$375k
Owner & transaction history
Wallace Co · 11 yrs held
Wallace Co
since 2014
2 recorded transactions
2014
$1.7M
2014
$285,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $1.9M +152.4%
Auto repair, garage $920,000 +22.2%
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