Property profile

1646 Highland Ave Jackson, TN 38301

OFF-MARKET
Drive through restaurants
Property ID
US80-1360715
2,389 SF 0.8 ac lot Built 1979
Individually Owned 6-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

The property is a 2,284-square-foot former quick-service restaurant building configured for quick service or casual dining uses. It includes existing restaurant infrastructure and was previously equipped with furniture, fixtures, and equipment, and features a drive-through. The site comprises a 0.8-acre lot and is located on South Highland Avenue, a primary retail corridor in Jackson. The property has exposure along US-45 BYP, with traffic count reported as 29,394 AADT.

Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1979
Total area 2,389 SF
Lot 0.8 ac (34,848 SF)
Zoning code B5
APN 057109B A 00201
UPID US80-1360715

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
  • Restaurant Take-out & Catering

Location

1646 Highland Ave Jackson, TN 38301-1702
Jackson metro Census 1300 JACKSON, TN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$230k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$230k

Owner & transaction history

since 2020
6 recorded transactions
2020
$1.8M
2018
$2.0M
2018
$1.3M
1999
$444,900
1995
Price N/A
1969
Price N/A

Zoning & alternative use

B5 · Jackson, TN

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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