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    6 B Reelfoot Dr Dyersburg, TN 38024

    For Sale
    $244,000

    Prime 53,000+ SF Commercial Lot

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 53,143.2 square foot commercial lot presents a remarkable investment opportunity in the thriving city of Dyersburg, Tennessee. Located at Lot 6 B Reelfoot Drive, this expansive parcel offers significant potential for a variety of commercial developments. The property's generous size provides ample space for ambitious projects, allowing for flexibility in design and functionality. Situated in Dyer County, with a 38024 zip code, this location benefits from convenient access to major transportation routes and established infrastructure, ensuring seamless connectivity for businesses and their clientele. The asking price for this prime commercial land is $244,000, representing a compelling value proposition in the current market. With its strategic location and substantial size, this property is ideally suited for developers seeking to capitalize on the growing commercial landscape of Dyersburg. The property's flat terrain simplifies development, minimizing potential site preparation costs and accelerating project timelines. This is a rare opportunity to acquire a large, well-situated commercial lot in a dynamic Tennessee market. Serious inquiries are encouraged to explore the full potential of this exceptional property and its significant return on investment. The coordinates for the property are 36.0657349 latitude and -89.3982421 longitude.

    Property Features for 6 B Reelfoot Dr

    General Information

    Property type
    Land
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Dyersburg
    County
    Dyer
    State
    Tennessee
    Longitude
    -89.3982421
    Latitude
    36.0657349

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    FAQs

    What type of property is this?
    Land - Prime 53,000+ SF Commercial Lot
    Where is this land located?
    The property is located at 6 B Reelfoot Dr Dyersburg, TN.
    What is the asking price?
    The asking price for this property is $244,000.
    Request Owner's contact information
    6 B Reelfoot Dr Dyersburg, TN 38024
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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
    6 B Reelfoot Dr Dyersburg, TN 38024
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