Property profile

2078 Hollywood Dr Jackson, TN 38305

OFF-MARKET
Retail space
Property ID
US80-1990769
12,760 SF 1.5 ac lot Built 1974
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional investment opportunity encompasses a highly profitable, established food service and catering business, operating for 24 years, situated on a 1.5-acre lot in Jackson, Tennessee. The property boasts a 12,000 square foot building with an additional 5,000 square foot basement, complete with roll-up doors, a drive-up covered loading dock, and ample parking. The main building houses a bustling retail operation situated on a US Highway with a daily traffic count of 15,446 vehicles, offering convenient grab-and-go options. The business itself is a well-oiled machine, catering an average of 20 corporate events daily and providing food service to two school cafeterias, serving 1,500 students daily (August-May). The sale includes all assets: a state-of-the-art commercial kitchen, multiple walk-in freezers and coolers, extensive prep areas, all inventory, appliances, recipes, nine vehicles, intellectual property, website, and phone number. A leased tenant in the building provides additional rental income. The 45-person staff is in place and ready to continue the success of this established enterprise. This turnkey operation presents a rare chance to acquire a profitable business and valuable real estate simultaneously. The asking price is $3,500,000.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1974
Construction FRAME
Total area 12,760 SF
Lot 1.5 ac (65,340 SF)
Zoning code B5
APN 057066 05801
UPID US80-1990769

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
  • (Bike/Boat/Book/etc) Store
  • Association Or Organization
  • Take-out & Catering Catering Service

Location

2078 Hollywood Dr Jackson, TN 38305-4380
Jackson metro Census 200 JACKSON, TN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$80k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$75k

Owner & transaction history

since 2025
Last sale
$100,000
6 recorded transactions
2025
$100,000
2018
$650,000
2004
Price N/A
2004
Price N/A
2002
$540,000
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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