365 Preston St, Jackson, TN 38301
This exceptional 0 sq ft lot presents a unique investment opportunity in the heart of Jackson, Tennessee. Located at 365 Preston Street, this property boasts a prime commercial and residential zoning, offering flexibility for diverse development projects. Its central downtown location provides unparalleled access to a vibrant array of amenities, including Lane College and Lambuth University, enhancing its appeal to students and faculty. The property's proximity to the Jackson Walk shopping center, the local Amphitheater, and the Lift Wellness Center ensures convenient access to retail, entertainment, and fitness options. The nearby Saturday Farmers Market adds to the thriving community atmosphere. This lot is situated in a rapidly redeveloping area, making it an ideal choice for those seeking to capitalize on Jackson's growth. The asking price of $20,000 makes this an attractive proposition for both residential and commercial developers seeking a strategic foothold in a dynamic urban setting. The address is 365 Preston Street, Jackson, TN 38301. This property is zoned for both commercial and residential use.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.