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Property profile & analytics
OFF-MARKET
Medical Office Space

418 Baltimore St Jackson, TN 38301-6307

2,686 SF 133 ac lot Built 1966
Individually Owned 3-yr Hold Free & Clear
Property ID
US80-2067070
Property summary
AI-generated overview

This exceptional 2,500 square foot office building presents a unique opportunity for redevelopment in the heart of Jackson, Tennessee. Located at 418 E Baltimore St, the property boasts a significant advantage: a substantial parking lot on a 0.4-acre lot, a rare find in this desirable downtown area. The building's interior has been completely gutted, providing a blank canvas for a modern and efficient office space tailored to your specific needs. This presents a cost-effective approach to creating a customized workspace, eliminating the expense and disruption of demolition. The asking price of $199,999 offers a compelling investment opportunity for developers, businesses seeking a prominent location, or investors looking for a high-return project. The property's central location provides easy access to local amenities, businesses, and transportation routes, making it an ideal choice for a variety of commercial ventures. The substantial parking lot ensures ample space for employees and clients, a significant benefit in a bustling urban setting. This is a chance to acquire a prime piece of Jackson real estate with significant potential for growth and profitability. Don't miss this chance to shape the future of a key downtown location. Contact us today to schedule a viewing and explore the possibilities.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1966
Total area 2,686 SF
Lot 133 ac (5,793,480 SF)
Zoning code B4
APN 057078P H 01200
UPID US80-2067070
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
  • Ballard Kelly MD Physician
  • Thomas Ballard Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
James Tyrus Lawrence III · 3 yrs held
James Tyrus Lawrence III
since 2022
Last sale
$122,500
6 recorded transactions
2022
$122,500
2015
Price N/A
1997
Price N/A
1997
Price N/A
1997
Price N/A
1997
Price N/A
Zoning & alternative use
B4 · Jackson, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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