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    1020 Troy Ave Dyersburg, TN 38024

    For Sale
    $149,000

    2.83 Acres, Historic Dyersburg, TN

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 2.83-acre property, located at 1020 Troy Avenue in Dyersburg, Tennessee, presents a unique opportunity for residential development. Comprising two combined parcels (sold together), this land offers a substantial 123,274.8 square feet of buildable space. Situated in a desirable, historic Dyersburg neighborhood, the property boasts a tranquil setting while maintaining convenient access to the city's amenities. Previous preparation work includes clearing of brush and the addition of landscaping, significantly reducing site preparation costs for future construction. The location provides a balance of privacy and in-town convenience, making it ideal for a new home. A recent survey is available for review upon request, ensuring a smooth and efficient building process. The asking price for this remarkable property is $149,000. This is a rare opportunity to acquire a large, well-prepared lot in a highly sought-after area of Dyersburg, TN, zip code 38024. Don't miss this chance to build your dream home in a beautiful, established neighborhood. The property is conveniently located in Dyer County.

    Property Features for 1020 Troy Ave

    General Information

    Property type
    Land

    HighLights

    • 2.83‑acre lot in Dyersburg, TN, ideal for residential development.
    • Two combined parcels totaling 123,274.8 square feet of buildable land.
    • Located in a desirable, historic Dyersburg neighborhood with convenient access to city amenities.
    • Significant site preparation already completed, including brush clearing and landscaping.
    • Asking price: $149,000.
    • Recent survey available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Dyersburg
    County
    Dyer
    State
    Tennessee
    Longitude
    -89.3844203
    Latitude
    36.0432791

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    FAQs

    What type of property is this?
    Land - 2.83 Acres, Historic Dyersburg, TN
    Where is this land located?
    The property is located at 1020 Troy Ave Dyersburg, TN.
    What is the asking price?
    The asking price for this property is $149,000.
    What are key features of this property?
    This property features: 2.83-acre lot in Dyersburg, TN, ideal for residential development.; Two combined parcels totaling 123,274.8 square feet of buildable land.; Located in a desirable, historic Dyersburg neighborhood with convenient access to city amenities.
    Request Owner's contact information
    1020 Troy Ave Dyersburg, TN 38024
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    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
    1020 Troy Ave Dyersburg, TN 38024
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