220-224 Royal St Jackson, TN 38301
Property profile & analytics
220-224 Royal St Jackson, TN 38301
- Retail space
- 10,118 SF
- 365.00 lot acres
Property ID
US80-1243553
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
- Retail space
Property Details for 220-224 Royal St
- Year built
- 2004
- Construction
- FRAME
- Lot size
- 365.00 lot acres
- Property size
- 10,118 SF
- Zone code
- B4
- Property type
- Retail space
- APN
- 057078O A 00100
- APU
- 057078OA00100
Description
This exceptional retail property, located at 220-224 N Royal Street in Jackson, Tennessee, presents a significant investment opportunity. Boasting a generous 8,000 square feet of space, this property sits on a one-acre lot, offering ample room for expansion or outdoor amenities. Its prime location on North Royal Street ensures high visibility and accessibility for customers, placing it within a bustling commercial district. The building's substantial size is ideal for a variety of retail uses, from large-format stores to multiple smaller tenants. The asking price of $700,000 reflects the property's strong potential for return on investment. This is a rare opportunity to acquire a well-situated, sizable retail space in a thriving Tennessee market. The property's substantial size and prominent location make it an attractive prospect for businesses seeking to establish or expand their presence in Jackson. Serious inquiries are encouraged to explore the possibilities this property offers. The one-acre lot provides significant flexibility for future development or expansion, adding further value to this already compelling investment. Don't miss this chance to secure a prime retail location in a dynamic and growing city.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $793,000
- AI Estimate
- $920,000
Market price range: $269k - $1.33MMarket price range: $394k - $1.37M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $730,000 Current use
- AUTO REPAIR, GARAGE
- $895,000 Change: +22% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Jackson
- County
- Madison
- State
- Tennessee
- Longitude
- -88.8125
- Latitude
- 35.616
- 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
$7,736
$24,080
$197,920
$222,000
-
$60,200
$494,800
$555,000
