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1600 Park Ridge Dr

11 Acres of Residential Land Offered at £394,500 in Jackson, TN 38301

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Investment Highlights

Multi Family Development as close to shovel ready as it gets. Survey, Topo, Zoning and GEO already done
For additional price of $150,000 complete set of Architectural Drawings with many of City of Jackson approvals/entitlements in place.

Great Traffic ADDT 12,500 , Zoned RG 3, Jackson's Best Density Multifamily Zone

Executive Summary

Apartment Site with entitlements for Multi Family Development as close to shovel ready as it gets. Great Traffic ADDT 12,500 , Zoned RG 3, Jackson's highest Density Multifamily Zone. Located in a area with the Potential for Tax Credit Deal. Super Location with some City approvals, topo, Geo Tech and for additional price complete set of Architectural Drawings with many of City of Jackson approvals/entitlements in place (see Site plan).

Property Facts

Price	£394,500	Property Type	Land
Sale Type	Investment or Owner User	Property Subtype	Residential
Sale Conditions	Development Sale	Total Lot Size	11.00 AC
No. Lots	1	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	£394,500
Sale Type	Investment or Owner User
Sale Conditions	Development Sale
No. Lots	1
Property Type	Land
Property Subtype	Residential
Total Lot Size	11.00 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Lot Available

Lot 1600

Price	£394,500	Lot Size	11.00 AC
Price Per AC	£35,864

Price	£394,500
Price Per AC	£35,864
Lot Size	11.00 AC

Description

Apartment Site for premiere Multi Family Development as close to shovel ready as it gets. Great Traffic ADDT 12,500 , Zoned RG 3, Jackson's highest Density Multifamily Zone. Located in a area with the Potential for Tax Credit Deal. Super Location with City approvals and for additional price of $150,000 complete set of Architectural Drawings with many of City of Jackson approvals/entitlements in place.

1 of 1

PROPERTY TAXES

Parcel Number	065-047.00	Improvements Assessment	£0
Land Assessment	£70,153	Total Assessment	£70,153

PROPERTY TAXES

Parcel Number

065-047.00

Land Assessment

£70,153

Improvements Assessment

£0

Total Assessment

£70,153

zoning

Zoning Code	Multi-Family (RG - 3. Jackson Tennessee multifamily zone with maximum density.)
Multi-Family (RG - 3. Jackson Tennessee multifamily zone with maximum density.)