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    198 Hunt St Dresden, TN 38225

    For Sale
    $95,000

    Highway 22 Lot, $95,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional commercial land parcel, located at 198 Hunt Street in Dresden, Tennessee, presents a compelling investment opportunity. The property boasts a sizable 41,382 square foot lot, offering ample space for a variety of commercial developments. Its prime location directly off Highway 22 ensures high visibility and convenient access for potential businesses and customers. The level topography simplifies construction and site preparation, minimizing development costs and timelines. The property's proximity to several established businesses in the Dresden area further enhances its appeal, providing immediate access to a thriving commercial environment. This is an ideal site for entrepreneurs seeking a strategic location to establish a new venture or for existing businesses looking to expand their operations. The asking price of $95,000 represents a significant value for a property of this size and location in a growing Tennessee market. The property is zoned for commercial use (verification of zoning with local authorities is recommended). This presents a rare chance to acquire a well-situated commercial lot in a desirable area, offering substantial potential for future growth and return on investment. The zip code is 38225, and the property is situated in Weakley County. Detailed site plans and surveys are available upon request.

    Property Features for 198 Hunt St

    General Information

    Property type
    Office Properties & Spaces
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Spa & Massage Hair Salon Nail Salon Clothing Store Auto Repair Shop Pharmacy Wholesale Shop Auto Parts Store Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Dresden
    County
    Weakley
    State
    Tennessee
    Longitude
    -88.7287842
    Latitude
    36.2871498

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    FAQs

    What type of property is this?
    Office Property / Space - Highway 22 Lot, $95,000
    Where is this office property / space located?
    The property is located at 198 Hunt St Dresden, TN.
    What is the asking price?
    The asking price for this property is $95,000.
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    198 Hunt St 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
    198 Hunt St Dresden, TN 38225
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