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Property profile & analytics
OFF-MARKET Estimated value $80,000
Banks

332 Highland Ave Jackson, TN 38301-6879

1,467 SF 0.53 ac lot Built 1985
Individually Owned 5-yr Hold Free & Clear
Property ID
US80-0971002
Property summary
AI-generated overview

This exceptional 1,467 square foot commercial property, located at 332 South Highland Avenue in Jackson, Tennessee, presents a rare opportunity for a single tenant. Situated on a spacious 23,100 square foot lot, this building offers a versatile space suitable for a variety of businesses. The property is currently vacant and ready for immediate occupancy. Its classification includes both traditional office and coworking space potential, making it adaptable to diverse needs. The building is conveniently located near the HWY 45 Bypass, ensuring excellent accessibility and visibility. The property type is listed as retail and office, reflecting its potential for a range of uses. While there are no elevators, the single-tenant setup offers privacy and control. This prime location in Madison County, Tennessee, zip code 38301, provides a strategic advantage for businesses seeking to establish or expand their presence in the thriving Jackson market. The property's size and location make it particularly well-suited for banking institutions or coffee quick-service restaurants. This is a unique chance to secure a highly visible and accessible commercial space in a desirable area.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1985
Total area 1,467 SF
Lot 0.53 ac (23,100 SF)
Zoning code B4
APN 057087A C 00200
UPID US80-0971002
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
  • Cadence Bank Bank Loan Service
  • ATM (Bancorp South) Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$70k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$80k
Owner & transaction history
Wajdi Kattoum · 5 yrs held
Wajdi Kattoum
since 2021
Last sale
$87,500
1 recorded transaction
2021
$87,500
Zoning & alternative use
B4 · Jackson, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source CITY OF JACKSON
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