2970 Old Medina RD, Jackson, TN 38305
2970 Old Medina RD, Jackson, TN 38305
2970 Old Medina RD, Jackson, TN 38305
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Listed by: Matt J Shelton Prosper Realty Group
$1,545,000
Est. payment /mo
23,872 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 23,872 sqft

Price per Sqft $64

MLS Listing ID 2501462

Year Built 2002

Annual Tax Amount $6,771

Lot Size 21.720 Acres

Acres 21.72

Lot Dimensions see attached

Property Sub-Type Mixed Use

Source Central West Tennessee Association of REALTORS®

Property Description

Exceptional Investment Opportunity - Three buildings at $60.00 sq. ft. = $1,432,320 + 21.72 Acres x $15,000/Ac = $1,758,120 with Income-Generating Buildings This expansive 21.72-acre property offers a unique opportunity to own three buildings zoned A-O AGRICULTURE AND OPEN LAND DISTRICT, currently generating rental income. The property includes Office Building: 1,482 sq. ft. Old General Shall Brickyard Warehouse: 4,750 sq. ft. Large Metal Building: 17,640 sq. ft. (currently housing two indoor tennis courts) Property has Railroad access. The property also features four clay tennis courts, complete with lighting and irrigation—though they are in need of some repair and updating. In addition, there is a walking trail that surrounds the property, ample parking, and plenty of potential for future development as shown on the photos proposed neighborhood layout. For more details or to schedule a showing, please contact Matt Shelton at 731-467-1086.

Location

State TN

County Madison

Area 21.72

Zoning A-O AGRICULTURE AND OPEN LAND DISTRICT (see attached document)

Direction 118 N Liberty St Jackson, TN 38301 Head west on E Lafayette St toward N Liberty St  469 ft Turn right at the 2nd cross street onto N Highland Ave  0.3 mi At the traffic circle, continue straight to stay on N Highland Ave  1.3 mi Turn right onto Campbell St  2.9 mi Continue onto Old Medina Rd 0.8 mi 2970 Old Medina Rd Jackson, TN 38305

Interior

Flooring Concrete

Exterior

Utilities Available Natural Gas Connected, Sewer Connected, Water Connected

Roof Type Metal,Shingle

Street Surface Asphalt

Accessibility Other

Road Frontage City Street

Building

Foundation Combination

Sewer Septic Tank

Water Public

Structure Type Brick,Metal Siding

Schools

Elementary Schools Jackson Madison Consolidated District

High Schools Jackson Madison Consolidated District

Others

Tax ID 043 055.00

Acceptable Financing 1031 Exchange, Cash, Contract, Conventional

Listing Terms 1031 Exchange, Cash, Contract, Conventional

Special Listing Condition Standard

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Telicia Harris

Telicia Harris

+1(731) 499-0123

Agent | License ID: 373133

Agent License ID: 373133

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