228 Joy Ln, Jackson, TN 38305
This exceptional 287-acre property in Madison County, Tennessee, presents a rare investment opportunity. Situated at the end of an established neighborhood in Jackson, TN, and conveniently located just two miles from Interstate 40 Exit 87, this land offers diverse potential uses. The property boasts 115 acres of row crop land ideal for agricultural production, complemented by 172 acres of mature hardwoods last selectively harvested in the mid-1990s, providing excellent hunting opportunities. Abundant wildlife, including trophy deer and turkey, thrives within the seven open fields, enhanced by numerous shooting shacks, tower blinds, and climbing ladder stands. Existing trails allow for easy navigation throughout the property. A significant feature is a substantial 3200-square-foot airplane hangar, constructed with durable concrete throughout. This versatile property is suitable for various ventures, including residential development, hunting club establishment, or the creation of a private homesite. The asking price is $2,296,000. The property's zoning and potential for future development should be independently verified.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.