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107 Shannon St 2,700 SF Office Building Jackson, TN 38301 $480,000 ($177.78/SF) 9% Cap Rate
EXECUTIVE SUMMARY
Situated in Downtown Jackson, this prime office space investment opportunity benefits from its central location near Jackson City Hall, Jackson Walk Plaza, and The Ned. The area offers a vibrant mix of dining, retail, and entertainment options, making it an attractive choice for office building investors. With ongoing development projects and a strong sense of community, Downtown Jackson presents a promising future for commercial real estate investment. The strategic positioning and historical charm of the area further enhance its appeal to prospective investors.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
2,700 SF
Building Class
C
Year Built
2004
Price
$480,000
Price Per SF
$177.78
Cap Rate
9%
NOI
$43,200
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,700 SF
Building FAR
0.96
Lot Size
0.06 AC
Opportunity Zone
Yes
Zoning
B3
AMENITIES
- Bus Line
- Signage
1 1
Walk Score®
Very Walkable (70)
PROPERTY TAXES
| Parcel Number | 078P-L-011.01 | Improvements Assessment | $80,160 |
| Land Assessment | $6,040 | Total Assessment | $86,200 |
PROPERTY TAXES
Parcel Number
078P-L-011.01
Land Assessment
$6,040
Improvements Assessment
$80,160
Total Assessment
$86,200
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107 Shannon St
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