Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    96 American Dr Jackson, TN 38301
    Back to Search
    Property profile & analytics

    96 American Dr, Jackson, TN 38301

    View on Map
    • Manufacturing properties
    • 206,270 SF
    • 55.10 lot acres
    For Lease
    $2,210,000
    View Listing →
    Industrial Building in Jackson, TN For Lease
    $2,210,000
    220,000 SF

    Industrial Building in Jackson, TN

    220,000 SF building available for lease.

    96 American Dr, Jackson, TN 38301
    View Listing
    Property ID
    US80-0721610
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • R&S Solutions / Factory / Production Facility
    • SEB Recycling Solutions / Recycling Center / Waste Management Facility

    Property Details for 96 American Dr

    Year built
    1965
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    55.10 lot acres
    Zone code
    I1
    Property type
    Manufacturing properties
    APN
    057078 01200
    APU
    5707801200

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $2,345,000
      Current use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Jackson
    County
    Madison
    State
    Tennessee
    Longitude
    -88.7808
    Latitude
    35.6289
    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
    $120,647
    $480,800
    $2,981,080
    $3,461,880
    -
    $1,202,000
    $7,452,700
    $8,654,700

    Comparable in this City

    • Value Estimation by Request
      71,500 SF

      825-895 Hollywood Dr

      Churches & religious facilities
      825-895 Hollywood Dr, Jackson, TN 38301
      View Details
    • Value Estimation by Request
      36,906 SF

      101 H O Forgy Dr

      MANUFACTURING (LIGHT)
      101 H O Forgy Dr, Jackson, TN 38301-9086
      View Details
    • Value Estimation
      $1,810,000
      461,232 SF

      213 Industrial Dr

      MANUFACTURING (LIGHT)
      213 Industrial Dr, Jackson, TN 38301-9614
      View Details
    • Value Estimation by Request
      6,867 SF

      95 Riverport Dr

      MANUFACTURING (LIGHT)
      95 Riverport Dr, Jackson, TN 38301-5748
      View Details
    • Value Estimation
      $1,590,000
      199,985 SF

      1005 Lowr Brownsville Rd

      MANUFACTURING (LIGHT)
      1005 Lowr Brownsville Rd, Jackson, TN 38301-5665
      View Details
    • Value Estimation by Request
      27,109 SF

      513 Airways Blvd

      MANUFACTURING (LIGHT)
      513 Airways Blvd, Jackson, TN 38301-5739
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      5,055 SF

      Versatile Commercial Property in Jackson

      2-acre commercial property with office, warehouse, and shed.
      373 N Cumberland St, Jackson, TN 38301
      View Details
    • Contact for pricing
      60,000 SF

      New Warehouse with Loading Docks

      New warehouse featuring loading docks and high ceilings.
      115 Bonwood Dr Bldg 5 Dr, Jackson, TN 38301
      View Details
    • $425,000
      5,055 SF

      Versatile Commercial Property in Jackson

      2-acre commercial property with office, warehouse, and shed.
      373 N Cumberland St, Jackson, TN 38301
      View Details
    • Contact for pricing
      100,000 SF

      Jackson TN Multi-Tenant Industrial Property

      Multi-tenant industrial property with lease-up upside in Jackson, TN.
      225-231 Bobrick Dr, Jackson, TN 38301
      View Details
    • $300,000
      800 SF

      Versatile Commercial Property with Warehouses

      Commercial property featuring office space and multiple warehouses for sale.
      692 Boone Ln, Jackson, TN 38301
      View Details
    • $1,250,000
      25.00 Acres

      Prime Land I-40 Exit 87

      25+/- acre commercial development opportunity at I-40 Exit 87.
      70 & Bedford White Rd, Jackson, TN 38301
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Industrial Building with Office Space

      Industrial building featuring office space, loading docks, and truck well.
      105 S Missouri St S, Jackson, TN 38301
      View Details
    • Contact for pricing

      Industrial Facility with Crane System

      Versatile industrial space with high ceilings and crane system.
      408 Sterling St, Jackson, TN 38301
      View Details
    • $52,383
      179,600 SF

      Industrial Building Near Interstate 40

      179,600 sqft industrial space with convenient highway access.
      105 S Missouri St S, Jackson, TN 38301
      View Details
    • $1,667 /Mo
      5,000 SF

      Jackson, TN Flex Warehouse Space

      Flex space available in Jackson, TN with cross-dock opportunity.
      217 A St, Jackson, TN 38301
      View Details
    • Contact for pricing
      22,978 SF

      Spacious Warehouse with Crane System

      22,978 SF warehouse featuring offices and a crane.
      408 Sterling St, Jackson, TN 38301
      View Details
    • $833 /Mo
      5,000 SF

      Flexible Warehouse Space in Jackson

      5,000-15,000 SF flex space with cross-dock options available.
      1 A St, Jackson, TN 38301
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    96 American Dr
    Jackson, TN 38301
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    96 American Dr, Jackson, TN, 38301
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!