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    Property profile & analytics

    340 Parkstone Pl Jackson, TN 38305-7583

    • Grocery and convenience stores
    • 5,380 SF
    • 1.66 lot acres
    OFF-MARKET
    Value Estimation
    $1,555,000
    Last Sale
    Jul 09, 2021
    $1,680,000
    Location Intelligence
    Property ID
    US80-0574813
    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.

    Current Use by Public Records

    • Shell / Gas Station / Atm
    • Mrs B’s SoulFood / Restaurant

    Property Details for 340 Parkstone Pl

    Year built
    2007
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.66 lot acres
    Property size
    5,380 SF
    Property type
    Grocery and convenience stores
    APN
    057057 00208
    APU
    5705700208

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,440,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,765,000
      6.5%
      $1,725,000
      7%
      $1,720,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,695,000
      Geo Method
      $1,720,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,430,000
      Retail
      $1,765,000
      Mixed-Use
      $1,465,000
      Hospitality
      $1,735,000
      Educational
      $1,885,000
      Residential Income
      $1,410,000
      Energy
      $1,520,000
      Income-Based Land
      $1,370,000
      Food Service
      $1,465,000

    Location Insight

    • Map
    • Local Demand
    City
    Jackson
    County
    Madison
    State
    Tennessee
    Longitude
    -88.7794
    Latitude
    35.6721
    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
    $18,919
    $225,760
    $317,120
    $542,880
    -
    $564,400
    $792,800
    $1,357,200

    Comparable in this City

    • Value Estimation
      $1,325,000
      4,248 SF

      3804 Hwy 45th N

      GROCERY, SUPERMARKET • 4,248 SF
      3804 Hwy 45th N, Jackson, TN 38305-8889
      View Details
    • Value Estimation
      $2,355,000
      11,250 SF

      2184 Hollywood Dr

      GROCERY, SUPERMARKET • 11,250 SF
      2184 Hollywood Dr, Jackson, TN 38305-4323
      View Details
    • Value Estimation
      $955,000
      5,073 SF

      151 Law Rd

      GROCERY, SUPERMARKET • 5,073 SF
      151 Law Rd, Jackson, TN 38305-9238
      View Details
    • Value Estimation
      $2,155,000
      5,280 SF

      1110 Vann Dr

      GROCERY, SUPERMARKET • 5,280 SF
      1110 Vann Dr, Jackson, TN 38305-6001
      View Details
    • Value Estimation
      $740,000
      13,464 SF

      2522 Christmasville Rd

      GROCERY, SUPERMARKET • 13,464 SF
      2522 Christmasville Rd, Jackson, TN 38305-9570
      View Details
    • Value Estimation
      $1,485,000
      9,320 SF

      20 Johnson Crk E Blvd

      GROCERY, SUPERMARKET • 9,320 SF
      20 Johnson Crk E Blvd, Jackson, TN 38305-3177
      View Details

    Similar Nearby for Sale

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      Commercial building suitable for office, retail, or restaurant use.
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    Similar Nearby for Lease

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      Jackson Office Building: Prime Location

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      Remodeled retail space with high visibility, ready for immediate occupancy.
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      Retail Opportunity in Jackson, TN

      23,988 SF retail space available for lease in Jackson, TN.
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    • Contact for pricing
      2,949 SF

      Redevelopment Opportunity on Emporium Drive

      1-acre site with existing building, ideal for redevelopment.
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    • $20 SF/Yr
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      Retail Space Available For Rent

      2,500 square feet of retail space for lease.
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      View Details
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    340 Parkstone Pl
    Jackson, TN 38305-7583
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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