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Financial
Distress signals
Property profile

1938 Highway 45 Byp Jackson, TN 38305

FOR SALE
Turn key restaurants
Property ID
US80-2074250
2,261 SF 0.35 ac lot Built 1972
Last sale Sep 2025 · $200,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property at 1938 Highway 45 Byp in Jackson, Tennessee is a mixed-use site featuring a 2,261-square-foot building. The building is currently vacant and was previously used as a restaurant, with an existing configuration that supports office, retail, or restaurant use depending on the intended buildout. The site has street exposure along Highway 45 Bypass and Carriage House Drive, providing visibility from both named roadways.

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?
$2k
Tax billed · 2022
Assessed value · 2023$66k
Assessed land$36k
Assessed improvement$30k
Effective rate3.48%

Value estimate

· Oct 2026
$220k
$198k – $242k
AI approach$220k
NOI build-up
Gross scheduled income$41k
Vacancy & credit loss−$1k
Operating expenses−$10k
NOI · 6.33% cap applied$30k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$443/SF
ZIP average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$202 – $641

Cap rate analysis

How does the asset earn?
6.33%
$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: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service12.6
Kitchen & Bath12.2
Storage Facility12.0

Location

1938 Highway 45 Byp Jackson, TN 38305
County assessor Recorded deeds · 2 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1974 Highland, Jackson, TN 38305-4919 $1,925,000 Nov 2024 1,964 SF
1921 Hwy 45th, Jackson, TN 38305-2407 $16,782 Sep 2024 2,450 SF
714 Vann, Jackson, TN 38305-6022 $2,050,000 Sep 2024 2,217 SF
113 Executive, Jackson, TN 38305-2318 $220,000 Jul 2024 3,447 SF
117 Parkstone, Jackson, TN 38305-7603 $18,648 Jun 2024 2,574 SF
2176 Hwy 70th E, Jackson, TN 38305-8418 $500,000 Jan 2024 2,700 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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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