Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

1646 S Highland Ave Jackson, TN 38301

FOR SALE
Drive through restaurants
Property ID
US80-1360715
2,389 SF 0.8 ac lot Built 1979
Last sale Apr 2020 · $1,790,000
Individually Owned Owner of record is an individual. 6-yr Hold Held for 6 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

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.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$7k
Tax billed · 2022
Assessed value · 2023$206k
Assessed land$101k
Assessed improvement$105k
Effective rate3.49%

Value estimate

· Oct 2026
$230k
$207k – $253k
AI approach$230k
NOI build-up
Gross scheduled income$41k
Vacancy & credit loss−$1k
Operating expenses−$10k
NOI · 2.00% cap applied$30k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$425/SF
Submarket average, outlier-cleaned · 31 recorded sales of this use type
Observed band · Q1–Q3$172 – $641

Cap rate analysis

How does the asset earn?
2.00%
$30k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
B5
JurisdictionMADISON

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm11.6
Building Supply11.1
Electrical Service9.6

Location

1646 S Highland Ave Jackson, TN 38301
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
333 Highland, Jackson, TN 38301-6878 $312,500 Dec 2025 2,846 SF
1430 Chester, Jackson, TN 38301-6716 $550,000 Dec 2024 2,940 SF
1400 Highland, Jackson, TN 38301-3404 $75,000 Sep 2024 2,450 SF
505 Roland, Jackson, TN 38301-4301 $78,000 Apr 2024 2,000 SF
1023 Campbell, Jackson, TN 38301-4046 $65,900 Apr 2024 2,022 SF
561 Chester, Jackson, TN 38301-7063 $11,000 Mar 2024 2,300 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again