Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2032 Paris Highway 54 Dresden, TN 38225

    View on Map
    Claim this Listing
    For Sale
    $109,000

    Timber - Dresden, TN

    Lot size:
    18.02 Acres
    Added:
    Oct 2, 2025
    Days on Market:
    201
    Last Refresh:
    Apr 20 at 6:06 am

    Property Features for 2032 Paris Highway 54

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    028.00
    Lot size
    18.02 Acres

    Taxes and HOA fees

    Tax Annual Amount
    176

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    SAMUEL FREEMAN

    Listing agent SAMUEL FREEMAN License #360146

    Listing office WENDELL ALEXANDER REALTY 224 S. LINDELL ST, Dresden, TN

    Listing date Oct 2, 2025

    MLS# 45931 Listing URL

    Copyright © 2026 Reelfoot Regional Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Dresden Land with Timber

    This property features 18.02 acres of mature, fully wooded land situated just outside city limits along Paris Highway 54 in Dresden, TN. The tract includes 822 feet of road frontage along a well-traveled highway, providing visibility and accessibility while maintaining seclusion. The land contains timber and may be suitable as a private retreat or an income-producing property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Hotel & Motel Auto Parts Store Kitchen & Bath Showroom Bed & Breakfast

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Dresden
    County
    Weakley
    State
    Tennessee
    Longitude
    -88.650586
    Latitude
    36.293016

    Nearby Similar for Sale

    • $410,000
      5,822 SF

      Dresden Office Building For Sale

      Leased office building with income potential and high traffic count.
      8593 Hwy 22, Dresden, TN 38225
      View Details
    • $410,000
      5,822 SF

      Dresden Office Building For Sale

      Leased office building in Dresden with high traffic count.
      8593 Hwy 22, Dresden, TN 38225
      View Details
    • $410,000
      5,822 SF

      Dresden Office Building For Sale

      Leased office building with high traffic count in Dresden, TN.
      8593 Hwy 22, DRESDEN, TN 38220
      View Details
    • $149,900
      2,340 SF

      Dresden Commercial Property on Highway

      Commercial property suitable for restaurant, retail, and other businesses.
      515 Highway 118, Dresden, TN 38225
      View Details
    • $429,900

      93 Acres of Rolling Hills

      93+/- acres in Weakley County, ideal for building or farming.
      Winstead Rd, Dresden, TN 38225
      View Details
    • $410,000
      5,822 SF

      Dresden Office Building For Sale

      Leased office building in Dresden with high traffic count.
      8593 Hwy 22, Dresden, TN 38220
      View Details
    • $24,900

      Dresden, TN Building Lots

      Residential land for sale in Dresden, Tennessee.
      000 W Main, Dresden, TN 38225
      View Details
    • $265,000

      Dresden Land with Farm Shop

      Two parcels with wildlife, timber, waterways, and farm shop.
      907 Highway 22, Dresden, TN 38225
      View Details
    • $109,000

      Dresden, TN Wooded Land Parcel

      18.02+/- acres of wooded land with highway frontage.
      2032 Paris Hwy 54, Dresden, TN 38225
      View Details
    • $120,000

      Dresden Recreational Farm Land

      41+/- acre recreational farm with open and wooded areas.
      Jewell Store Rd, DRESDEN, TN 38225
      View Details
    • $265,000

      Dresden Land with Farm Shop

      44.3 acres with wildlife, timber, and a farm shop.
      000 Evergreen, Dresden, TN 38225
      View Details
    • $40,000

      Residential Lot in Linnwood Estates

      Vacant lot in established subdivision near local amenities.
      Linden Street, DRESDEN, TN 38225
      View Details

    FAQs

    What type of property is this?
    Land - 18.02 acres of wooded land with highway frontage.
    Where is this land located?
    The property is located at 2032 Paris Highway 54 Dresden, TN.
    What is the asking price?
    The asking price for this property is $109,000.
    What are key features of this property?
    This property features: 18.02± acres of mature, fully wooded land.; Boasting 822 feet of road frontage on Paris Hwy 54.; Excellent visibility and easy access.
    (731) 514-6219
    We can help!
    Listing Contact
    SAMUEL FREEMAN
    Real Estate License ID: 360146
    Learn More
    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.
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!