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Property profile & analytics
OFF-MARKET Estimated value $675,000
Retail space

23 Heritage Sq Jackson, TN 38305-2403

24,064 SF 1.4 ac lot Built 1976
Entity Owned ~ Est. High Equity
Property ID
US80-3136531
Property summary
AI-generated overview

This exceptional mixed-use property at 23 Heritage Sq, Jackson, TN, presents a compelling investment opportunity for owner-occupants or investors. Boasting a substantial 23,200 square feet, this versatile facility offers a blend of retail/showroom and warehouse space, ideally situated just one mile from Interstate 40 and Exit 82, providing convenient access to all of West Tennessee. The property sits on a 1.4-acre lot and can be subdivided into five potential flex spaces, offering significant flexibility for future tenants or uses. The layout includes approximately 15,000 square feet of showroom space, which could be further divided into three 5,000 square foot bays (approximate). In addition, there's a separate 3,200 square foot warehouse building with approximately 8,200 square feet of total warehouse space. The warehouse features 14-foot eves, roll-up door access, and a truck dock. The property benefits from three-phase power with two electric services and one water service. Currently, a bar and lounge occupies a 5,000 square foot northeast portion of the building on a month-to-month lease, generating a monthly income of $3,500. This property's prime location, ample space, and adaptable layout make it an attractive prospect for a variety of businesses and investors seeking a strong return on investment.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1976
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 24,064 SF
Lot 1.4 ac (60,984 SF)
Zoning code B4
APN 057055O A 00102
UPID US80-3136531
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
  • Slide & Ride II Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$440k
CAP Approach CAP
by Request
Comparable Approach Comparable
$752k
Blend (final) Blend
$675k
Owner & transaction history
C & W Enterprises LLC
C & W Enterprises LLC
since 2026
Last sale
$750,000
7 recorded transactions
2026
Price N/A
2026
$750,000
2009
$305,000
2008
$230,000
2005
$700,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
B4 · Jackson, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source CITY OF JACKSON
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