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    24 Physicians Dr Jackson, TN 38305
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    Property profile & analytics

    24 Physicians Dr, Jackson, TN 38305

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    • Medical Office Space
    • 20,944 SF
    • 2.90 lot acres
    Medical Office Space in Jackson For Lease
    $6,275,000
    3,318 SF

    Medical Office Space in Jackson

    Class A medical office space in Jackson's healthcare hub.

    24 Physicians Dr, Jackson, TN
    View Listing
    Property ID
    US80-1326553
    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.

    Value Estimations
    $6,275,000
    Cap Rate Potential
    3.7%
    Medical Office Space
    Location Intelligence

    Current Use by Public Records

    • Cheryl Murray / Physician
    • W. Stan Ragon, Jr., MD / Physician
    • L. David Johnson, MD / Physician
    • Mrs. Amy Wren / Physician
    • Leigh Brandeberry / Physician

    Property Details for 24 Physicians Dr

    Year built
    1991
    Lot size
    2.90 lot acres
    Zone code
    B1
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    057044J A 00700
    APU
    057044JA00700

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Sep 18, 2025 24 Jackson Stolley LLC Deed · related $7.4M · Capital One Bank NA
    Dec 13, 2021 $7,415,160 24 Jackson Stolley LLC 24 Jackson Properties LLC Special Warranty Deed $216.1M · Capital One Bank NA
    Dec 31, 2014 $6,370,000 Doc-24 Physicians Drive Mob Ll West Tennessee Bone & Joint Grant Deed
    Mar 24, 2010 $3,325,000 West Tennessee Bone West Tennessee Healthcare INC Grant Deed · related $3.3M · Bancorp South Bank
    Sep 20, 1997 West Tennessee Healthcare West,tennessee H Quit Claim Deed · related
    Dec 17, 1996 $85,000 Tennessee Bone Properties West Unknown Grant Deed $1.3M · First American National Bank
    Oct 12, 1990 $85,000 Tn Bone Properties West Unknown Grant Deed

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $6,365,000
      ML approach
      $6,180,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $4,009,000
      Market price range: $2.22M - $6.37M
    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $3,990,000
      Current use
      RESTAURANT
      $9,275,000
      Change: +132% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Jackson
    County
    Madison
    State
    Tennessee
    Longitude
    -88.8508
    Latitude
    35.6828
    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
    $38,593
    $217,520
    $891,960
    $1,109,480
    -
    $543,800
    $2,229,900
    $2,773,700
    View Listing
    More about this property
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