Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    765 Menzie Rd Dyersburg, TN 38024

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    16-acre mini-farm near Dyersburg, TN. City water & electric available.

    Property Features for 765 Menzie Rd

    General Information

    Property type
    Farms

    We can help!

    Listing Contact
    Shane King

    Listing Agency: Paradigm21 Realty Listing Agent: Shane King

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional 16-acre property, encompassing 713,077.2 square feet, presents a unique opportunity for both residential and agricultural pursuits. Situated conveniently near Dyersburg, Tennessee, yet outside city limits, this land offers a peaceful rural setting with the advantage of readily accessible city utilities. City water and electricity are available, eliminating the need for costly well and power installations. The property includes a soil map that has already identified approved areas for septic system placement, simplifying the building process for a new home or other structures. This versatile land is ideal for those seeking a mini-farm, a tranquil residential retreat, or a combination of both. Its substantial size provides ample space for gardening, livestock, or simply enjoying the open countryside. The address is 765 Menzie, Dyersburg, TN 38024, located in Dyer County. This property is priced at $110,000 and offers a compelling blend of rural charm and modern conveniences. Don't miss this chance to own a piece of Tennessee farmland.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Building Supply Auto Repair Shop Gym & Fitness Center Big Box & Wholesale Store Accounting Firm Kitchen & Bath Showroom Daycare Center Grocery & Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Dyersburg
    County
    Dyer
    State
    Tennessee
    Longitude
    -89.3422552
    Latitude
    36.0346067

    Nearby Similar for Sale

    • $699,900
      4,344 SF

      Established Restaurant Business For Sale

      Destination restaurant with decades of history and a recently constructed building.
      5997 Millsfield Hwy, Dyersburg, TN 38024
      View Details
    • $149,900
      2,040 SF

      Dyersburg Commercial Property with Charm

      Versatile commercial space in downtown Dyersburg with historic features.
      119 W Market St, Dyersburg, TN 38024
      View Details
    • $149,900
      2,131 SF

      Dyersburg Retail Space For Sale

      Commercial space in historic downtown Dyersburg, currently a home decor boutique.
      321 Troy Ave, Dyersburg, TN 38024
      View Details
    • $950,000
      7,908 SF

      Dyersburg Medical Office Building

      7,908 sqft medical office building with ample parking.
      1575 Parr Ave, Dyersburg, TN 38024
      View Details
    • $89,900
      4,219 SF

      Versatile Commercial Building in Dyersburg

      Adaptable commercial space suitable for retail, office, or service-based operations.
      1334 E Court St, Dyersburg, TN 38024
      View Details
    • $249,900
      1,813 SF

      Dyersburg Commercial Property with Warehouse

      4.7-acre commercial property featuring office, shop, and warehouse space.
      1335 E Court St, Dyersburg, TN 38024
      View Details
    • $250,000
      1,840 SF

      Retail Property in Dyersburg, TN

      Retail property for sale in Dyersburg, Tennessee.
      575 E Tickle St, Dyersburg, TN 38024
      View Details
    • New
      $94,900
      3,778 SF

      Dyersburg Quadplex Investment Opportunity

      Well-maintained quadplex with income potential in a desirable location.
      704 Finley St, Dyersburg, TN 38024
      View Details
    • New
      $199,000
      Pending

      Dyersburg Triplex: Investment Opportunity

      Well-maintained triplex in Dyersburg, TN with strong rental potential.
      705 Forrest St, Dyersburg, TN 38024
      View Details
    • $299,000
      15.00 Acres

      15-Acre Mini Farm in Dyersburg

      15-acre mini farm with pond, barn, and utilities near Dyersburg.
      2000 Hurricane Hill Rd, Dyersburg, TN 38024
      View Details
    • New
      $69,900
      2,010 SF

      Dyersburg Duplex with Income Potential

      Duplex in Dyersburg, TN with tenant income and vacant unit.
      1826 Schaffer St, Dyersburg, TN 38024
      View Details
    • New
      $64,900
      1,728 SF

      Dyersburg Duplex with Rental Income

      Income-generating duplex in Dyersburg, Tennessee with strong management history.
      715 Byars St, Dyersburg, TN 38024
      View Details

    FAQs

    What type of property is this?
    Farm - 16-acre mini-farm near Dyersburg, TN. City water & electric available.
    Where is this farm located?
    The property is located at 765 Menzie Rd Dyersburg, TN.
    What is the asking price?
    The asking price for this property is $110,000.
    (901) 499-2333 Call to check price and availability
    Request Owner's contact information
    765 Menzie Rd Dyersburg, TN 38024
    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.
    765 Menzie Rd
    Dyersburg, TN 38024
    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
    765 Menzie Rd Dyersburg, TN 38024
    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

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Shane King
    Real Estate License ID: 330473
    (901) 499-2333
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!