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    515 Highway 118 Dresden, TN 38225

    For Sale
    $149,900

    Other - Dresden, TN

    Property size:
    2,340 SF
    Lot size:
    1.30 Acres
    Days on Market:
    52
    Last Refresh:
    Dec 6 at 5:06 pm

    Property Features for 515 Highway 118

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    017.00
    Size
    2,340 SF
    Lot size
    1.30 Acres

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1965
    Flooring type
    Carpet, Concrete, Vinyl
    Building materials
    Block
    Architectural style
    Other

    Tennessee United Real Estate, LLC (731) 588-4100

    Listing agent SHELIA BELL (731) 588-4100 License #258892

    Listing date Oct 16, 2025

    MLS# 45961 Listing URL

    Copyright © 2025 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 Commercial Property on Highway

    This commercial property in Dresden, TN, is suitable for a variety of businesses, including restaurants and retail. The property has a size of 2340 square feet and is situated on a 1.3-acre lot. It is located on Highway 118.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Individual retail properties

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Dresden
    County
    Weakley
    State
    Tennessee
    Longitude
    -88.70793
    Latitude
    36.299812

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    FAQs

    What type of property is this?
    Individual retail property - Commercial property suitable for restaurant, retail, and other businesses.
    Where is this individual retail property located?
    The property is located at 515 Highway 118 Dresden, TN.
    What is the asking price?
    The asking price for this property is $149,900.
    What are key features of this property?
    This property features: - Commercial property suitable for restaurant, retail, and other businesses.; - Central heating and cooling systems installed.; - Constructed with durable block materials.
    (731) 588-4100
    Request Owner's contact information
    515 Highway 118 Dresden, TN 38225
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    Dresden, TN 38225
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    Realmo Value Estimation

    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.

    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.

    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
    515 Highway 118 Dresden, TN 38225
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