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Property profile & analytics
OFF-MARKET
Estimated value
$1,020,000
Retail space
2124 Highland Ave Jackson, TN 38305-4921
Individually Owned
1-yr Hold
Free & Clear
Property ID
US80-0895849
Property summary
AI-generated overview
This exceptional commercial property, located at 2124 N Highland Ave in Jackson, TN, presents a unique investment opportunity. Situated on a highly visible corridor with over 22,000 vehicles passing daily, this 5,268 square foot space offers unparalleled exposure. Its proximity to the proposed entertainment district and the Jackson Walk ensures high foot traffic and convenient access for customers and employees. The property's advantageous location is further enhanced by its half-mile distance from exit 82 and its adjacency to the Old Hickory Mall, guaranteeing a steady stream of potential clientele. The space is ideal for a variety of businesses seeking a prominent location in a thriving community. Available for lease starting Spring 2025, the asking price is $8,780 per month, triple net (NNN), or $20 per square foot annually, NNN. Detailed lease terms are available upon request. This is a rare chance to establish a business in one of Jackson's most dynamic and rapidly growing areas. Don't miss this exceptional opportunity.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1998
Total area
5,624 SF
Lot
0.73 ac (31,799 SF)
Zoning code
SC1
APN
057056P A 00400
UPID
US80-0895849
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Advance Auto Parts Auto Parts Store
-
UPS Access Point location Courier Service Postal Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.02M
CAP Approach
CAP
$885k
Comparable Approach
Comparable
$753k
Blend (final)
Blend
$1.02M
Owner & transaction history
Tom Mosey · 1 yrs held
Tom Mosey
since 2025
Last sale
$1.0M
4 recorded transactions
Zoning & alternative use
SC1 · Jackson, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.1M
+54.3%
Commercial (general)
$715,000
+2.8%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Jackson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jackson submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,025,000
ML approach
$1,015,000
CAP Approach
CAP Return
Estimation
6%
$960,000
6.5%
$885,000
7%
$820,000
Alternative Use
Use
Estimation
RETAIL STORES
$695,000
Current use
MEDICAL BUILDING
$1,070,000
Change: +54% · Conversion: Difficult
COMMERCIAL (GENERAL)
$715,000
Change: +3% · Conversion: Easy
Blend value · Realmo final
$1.02M
Range $918k – $1.12M · ±10% · vs last sale $1.02M (Dec 15 2023)
Last sale anchor
$1.02M
Dec 15 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$181 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$7,328
Tax year 2022
Assessed value
$210,280
Assessed 2023
Previous assessed
$210,280
+0.0% YoY
Effective rate
3.48%
On assessed value
Assessed land
$95,720
Assessed improvement
$114,560
Land market value
$239,300
Improvement market value
$286,400
Total market value
$525,700
Applied tax rate
57.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1998
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Bathrooms
1
Total area
5,624 SF
Lot
0.73 ac (31,799 SF)
Zoning code
SC1
APN
057056P A 00400
UPID
US80-0895849
Jurisdiction
MADISON
Zoning & alternative use
SC1 · Jackson, TN
Zoning SC1 · permitted uses
SC1 · Jackson, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Jackson. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$695,000
MEDICAL BUILDING
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$715,000
RETAIL STORES Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1998
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
0.73 ac
Current owner
From public records · entity-resolved
Tom Mosey
Individual
Free & Clear · 1 yrs held
Mailing address
20991 PINAR TRL, BOCA RATON, FL 33433-1644
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 18, 2025
—
Tom Mosey
2124 N Highland LLC
Quitclaim Deed
related
—
Dec 15, 2023
$1,022,138
2124 N Highland Tn LLC
Geoffrey W Fields
Special Warranty Deed
—
May 16, 2011
—
Geoffrey W Fields
Fields Enterprises INC
Quit Claim Deed
related
—
Apr 3, 1997
$85,000
Development Wolfe
—
Grant Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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