Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Dover Commercial Development Opportunity Title is generated by Realmo AI

    1 Church Street, Dover, TN 37058

    View on Map
    Claim this Listing
    For Sale
    $171,000

    COMMERCIAL - DOVER, TN

    Lot size:
    1.00 Acre
    Added:
    Apr 19, 2025
    Days on Market:
    400
    Last Refresh:
    May 23 at 10:06 am

    Property Features for 1 Church Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    C2/R1
    Standard status
    Active
    APN
    16.00
    Lot size
    1.00 Acre

    Taxes and HOA fees

    Tax Description
    Map 84-B- Parcel B 16.00
    Tax Annual Amount
    80

    We can help!

    Listing Contact
    Teresa Howell
    Teresa Howell

    Listing agent Teresa Howell License #251132

    Listing office Spotlight Properties, LLC. 620 Donelson Parkway, Suite B P.O. Box 250, Dover, TN

    Listing date Apr 19, 2025

    MLS# 134020

    Copyright © 2026 Tennessee Valley 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.

    HighLights

    • Prime location in the heart of the city's business district
    • Development opportunity with all city utilities available
    • High visibility location with approximately 110 FT frontage and city sidewalk
    • Walking distance to town, businesses, restaurants, and Barkley Lake
    • Cleared front portion of the lot
    • Additional adjoining tract available

    Overview

    This commercial land presents an opportunity for development in a prime business district. The property includes city utilities and approximately 110 feet of frontage with a city sidewalk in place. The lot is level and cleared at the front, sloping and wooded towards the back. The location offers high visibility and is within walking distance to the town, businesses, restaurants, and Barkley Lake and launching area. An additional adjoining tract is available on the back, fronting Donelson Parkway. The property is located in Dover, Tennessee.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Nail Salon Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Dover
    County
    Stewart
    State
    Tennessee
    Longitude
    -87.8394886
    Latitude
    36.4866725

    Nearby Similar for Sale

    • $189,900
      2,768 SF

      Dover Commercial Property on Highway

      High-visibility commercial building with renovation and expansion potential.
      1225 Spring ST, DOVER, TN 37058
      View Details
    • $350,000

      Secluded Wooded Tract For Sale

      35+/- acre wooded tract ideal for hunting or building.
      1356 Upper Standing Rock Rd, DOVER, TN 37058
      View Details
    • $145,000

      Dover Vacant Land Near Recreation

      9.5 acres near Kentucky Lake and Land Between Lakes.
      00 Evergreen Drive, Dover, TN 37058
      View Details
    • $425,000

      Dover TN Land For Sale

      1.3 acre property fronting Donelson Parkway/U.S. Hwy 79.
      Donelson Pkwy, DOVER, TN 37058
      View Details
    • $171,000

      Development Land in Dover, TN

      Prime business district land with city utilities and high visibility.
      1 Church St, DOVER, TN 37058
      View Details
    • $105,000

      Unrestricted Land Ideal for Hunting

      15.45 acre unrestricted wooded tract perfect for hunting/homesite.
      4 Cox Hollow Rd, DOVER, TN 37058
      View Details
    • $32,500

      Land Near Kentucky Lake

      1.285-acre tract near Kentucky Lake and recreation area.
      00 Old SR 76, Dover, TN 37058
      View Details
    • $285,700

      Waterfront Land with Septic Permits

      Secluded 8-acre waterfront property with septic, well, and electric.
      306 Streamside Dr, DOVER, TN 37058
      View Details
    • $239,900

      Recreational Land Near Kentucky Lake

      24 acres near Paris Landing with lake access.
      168 Wedgewood Drive, Dover, TN 37058
      View Details
    • $149,900

      Recreational Land Near Kentucky Lake

      13 acres near Kentucky Lake, ideal for recreation or building.
      121 Fernwood Dr., Dover, TN 38222
      View Details
    • $119,000

      Dover, TN Homesite with Views

      Premium homesite near Kentucky Lake and Paris Landing State Park.
      Eagles Rest Rd LOT 26, DOVER, TN 37058
      View Details
    • $168,000

      13.78 Acres in Dover, TN

      13.78 acres of mostly level, cleared land with creek.
      Upper Standing Rock Road, DOVER, TN 37058
      View Details

    FAQs

    What type of property is this?
    Commercial land - Prime business district land with city utilities and high visibility.
    Where is this commercial land located?
    The property is located at 1 Church Street Dover, TN.
    What is the asking price?
    The asking price for this property is $171,000.
    What are key features of this property?
    This property features: Prime location in the heart of the city's business district; Development opportunity with all city utilities available; High visibility location with approximately 110 FT frontage and city sidewalk
    (931) 627-0257
    We can help!
    Listing Contact
    Teresa Howell
    Teresa Howell
    Real Estate License ID: 251132
    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

    Thank You for Inquiry
    1 Church Street, DOVER, TN 37058
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!