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Property profile & analytics
OFF-MARKET Estimated value $6,275,000
Medical Office Space

24 Physicians Dr Jackson, TN 38305-2070

20,944 SF 2.9 ac lot Built 1991
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US80-1326553
Property summary
AI-generated overview

This exceptional single-story medical office building, located at 24 Physicians Dr, Jackson, TN 38305, offers 26,576 square feet of Class B space. Built in 1991, the property boasts ample parking with 132 spaces available for tenants and visitors. The building is currently multi-tenant, with a significant amount of space available for lease. Two suites are available, ranging from a minimum of 3,318 square feet to a maximum contiguous space of 23,081 square feet. A total of 26,399 square feet is currently vacant, presenting a unique opportunity for a large medical practice or multiple smaller practices seeking to establish or expand their presence in the thriving Jackson, Tennessee market. The building's location in Madison County provides easy access to major roadways and a strong patient base. This property is ideal for medical professionals seeking a well-maintained, spacious, and conveniently located office building. The building's single-story design ensures easy accessibility for patients and staff. With its substantial parking and flexible suite sizes, this property offers a compelling opportunity for growth and success in the medical field. The property is situated in a well-established area of Jackson, TN, offering excellent visibility and accessibility. This is a rare opportunity to secure a significant amount of prime medical office space in a desirable location.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1991
Total area 20,944 SF
Lot 2.9 ac (126,324 SF)
Zoning code B1
APN 057044J A 00700
UPID US80-1326553
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
  • Cheryl Murray Physician
  • W. Stan Ragon, Jr., MD Physician
  • L. David Johnson, MD Physician
  • Mrs. Amy Wren Physician
  • Leigh Brandeberry Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$6.18M
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.01M
Blend (final) Blend
$6.28M
Owner & transaction history
24 Jackson Stolley LLC · 4 yrs held
24 Jackson Stolley LLC
since 2021
Last sale
$7.4M
7 recorded transactions
2025
Price N/A
2021
$7.4M
2014
$6.4M
2010
$3.3M
1997
Price N/A
1996
$85,000
1990
$85,000
Zoning & alternative use
B1 · Jackson, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $9.3M +132.4%
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