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    2064 Highland Ave Jackson, TN 38301-7741
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    Property profile & analytics

    2064 Highland Ave, Jackson, TN 38301-7741

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    • Medical Office Space
    • 9,860 SF
    • 1.33 lot acres
    Off-Market
    Property ID
    US80-0535074
    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.
    Value Estimations
    $1,470,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Complete Dental Care / Dental Office
    • Mark Holifield, DMD / Dental Office
    • Complete Dental Educational Center / Training Center / Vocational School
    • Complete Dental Care Educational Center / Dental Office / Vocational School
    • Hannah Farrar / Dental Office

    Property Details for 2064 Highland Ave

    Year built
    2018
    Construction
    FRAME
    Lot size
    1.33 lot acres
    Zone code
    B5
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    057109J B 01706
    APU
    057109JB01706

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Oct 15, 2018 — West Tennessee Dental Holdings — Deed · related $1M · Hardin Cnty Bk
    Oct 23, 2017 — West Tennessee Dental Holdings — Trustees Deed · related $1.9M · Hardin Cnty Bk
    Oct 4, 2017 — Blc Partners Blc LLC Quit Claim Deed · related —
    Jun 21, 2017 — Blc LLC — Trustees Deed · related $1.1M · Simmons Bk
    Sep 29, 2016 $680,000 Blc LLC Taylor,roger Warranty Deed —
    Oct 25, 2006 $30,000 Apc Rentals LLC Taylor,roger Warranty Deed —
    Jan 7, 2003 $27,880 State Of Tennessee Taylor,r Grant Deed —
    Jul 26, 1989 $5,000 Roger Taylor Unknown Grant Deed —
    — — West Tennessee Dental Holdings — Loan Modification · related $1M · Hardin Cnty Bk

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,860,000
      6.5%
      $1,715,000
      7%
      $1,595,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $965,000
      Market price range: $410k - $966k

    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $1,800,000
      Current use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Jackson
    County
    Madison
    State
    Tennessee
    Longitude
    -88.8093
    Latitude
    35.5539
    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
    $22,202
    $146,320
    $490,760
    $637,080
    -
    $365,800
    $1,226,900
    $1,592,700

    Comparable in this City

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      46,637 SF

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      MEDICAL BUILDING
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      329 Coatsland Dr

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    • Value Estimation
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      5,560 SF

      36 Frst Cv, Unit 44

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    • Value Estimation
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      8,398 SF

      311 Summar Dr

      MEDICAL BUILDING
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      View Details
    • Value Estimation by Request
      2,686 SF

      418 Baltimore St

      MEDICAL BUILDING
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    • Value Estimation
      $875,000
      11,569 SF

      110 Frst Ave

      MEDICAL BUILDING
      110 Frst Ave, Jackson, TN 38301-4190
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Medical Office Investment Opportunity

      High-quality medical office near Jackson-Madison County General Hospital.
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    • $1,600,000
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      Commercial Land in Jackson, TN

      16.85 acres of commercial land zoned for all businesses.
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      Versatile Retail and Office Space

      Retail and office space in a highly visible location.
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      Historic Downtown Jackson Office Building

      Prime Office Redevelopment Opportunity, 45,000 SF
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    • $499,900
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      Downtown Jackson Commercial Redevelopment Opportunity

      7,201 sq ft commercial property with redevelopment potential in Jackson.
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      Landmark Office Building For Sale

      Office building with employee parking and convenient South Highland Avenue location.
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    Similar Nearby for Lease

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      Jackson, TN Office Space For Lease

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      Industrial Building with Office Space

      Industrial building featuring office space, loading docks, and truck well.
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    • $1,850 /Mo
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      New Commercial Flex Space Available

      Brand new commercial space suitable for office, warehouse, or storage.
      176 Commerce Center Cir, Jackson, TN 38301
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    • $2,750 /Mo
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      Versatile Commercial Space in Jackson

      Adaptable office, showroom, and shop space suitable for various businesses.
      31 Case Dr, Jackson, TN 38301
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    • $3,733 /Mo
      3,200 SF

      Office Building in Jackson, TN

      Office building for lease in a highly visible Jackson location.
      1341 N Highland Ave, Jackson, TN 38301
      View Details
    • Contact for pricing

      South Jackson Retail/Office Space

      Large retail or office space in South Jackson retail hub.
      1328 S Highland Ave, Jackson, TN 38301
      View Details
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    Jackson, TN 38301-7741
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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