1683 Highland Ave Jackson, TN 38301-7718
Property profile & analytics
1683 Highland Ave Jackson, TN 38301-7718
- Drive through restaurants
- 1,272 SF
- 1.44 lot acres
Property ID
US80-1873174
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Marco's Pizza / Restaurant
Property Details for 1683 Highland Ave
- Year built
- 2022
- Lot size
- 1.44 lot acres
- Property size
- 1,272 SF
- Zone code
- B5
- Property type
- Drive through restaurants
- APN
- 057109A A 01602
- APU
- 057109AA01602
Description
This 1,208 sq ft Marco's Pizza in Jackson, Tennessee, presents a compelling investment opportunity. Situated on a 1.44-acre lot on Highland Avenue, a major thoroughfare with 33,000 vehicles daily, this property benefits from exceptional visibility and accessibility. The building, constructed in 2022, is 100% occupied under an Absolute NNN lease with a national brand tenant. The lease, commencing November 1, 2022, and expiring October 31, 2032, has a remaining term of 7.9 years, including four 5-year renewal options with 10% rent bumps. The property generates a strong NOI of $68,160, resulting in a 6.00% cap rate. The location is strategically positioned midway between Memphis and Nashville on I-40, within a rapidly growing MSA, and near major employers, Walmart, and Lowe's. The drive-thru model contributes to high customer traffic, exceeding nearby competitors by a significant margin. This offering presents a rare chance to acquire a stable, high-performing asset in a thriving market with significant long-term growth potential. The property's Commercial zoning and APN is 057109A A 01602. The asking price is $1,136,000.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Jackson
- County
- Madison
- State
- Tennessee
- Longitude
- -88.8156
- Latitude
- 35.5657
- CBSA code
- 27180
- CBSA name
- JACKSON, TN METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$5,520
$158,400
$107,720
$266,120
-
$396,000
$269,300
$665,300
