Property profile

3015 Greystone Sq Jackson, TN 38305

OFF-MARKET
Office Spaces
Property ID
US80-1611803
1,374 SF 0.03 ac lot Built 2009
Individually Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional Class A office complex, located at 3015-3019 Greystone Square in Jackson, Tennessee, presents a compelling investment opportunity. The property encompasses 4,032 square feet across three units within a single, one-story building constructed in 2009. Currently boasting 100% occupancy with a national tenant under a triple net (NNN) lease, the property generates a substantial net operating income (NOI) of $59,000 annually, projecting a 9.08% cap rate. The lease has one year remaining with options for renewal. This presents a unique opportunity for an owner-occupant upon lease expiration. Situated on a 0.09-acre lot in a commercially zoned area (Madison County, zip code 38305), this property offers versatility as an investment or owner-occupied space. The building's features include executive, medical, and traditional office space configurations, making it suitable for a variety of uses. Serious inquiries only

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 2009
Total area 1,374 SF
Lot 0.03 ac (1,344 SF)
APN 057043I G 03400
UPID US80-1611803

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3015 Greystone Sq Jackson, TN 38305-3590
Jackson metro Census 1603 JACKSON, TN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$600k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$600k

Owner & transaction history

since 2024
Last sale
$600,000
2 recorded transactions
2024
$600,000
2016
$297,516

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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