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    Radio Rd Dyersburg, TN 38024

    For Sale
    $799,000

    High-traffic commercial lot, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 6.1-acre commercial land parcel presents a unique investment opportunity in Dyersburg, Tennessee. Located at the intersection of Lake Road (Highway 78) and Highway 51, this property boasts a substantial daily traffic count of 11,000-14,000 vehicles, ensuring high visibility and accessibility for any commercial venture. The lot size totals 265,716 square feet, offering ample space for development. Its strategic location provides immediate proximity to established businesses, including a Cracker Barrel restaurant and a Love's truck stop, creating a synergistic environment and attracting a substantial customer base. The property is zoned for commercial use and is ready for immediate development, making it an ideal site for retail, restaurants, or other commercial enterprises seeking a high-traffic location in a thriving area. The asking price for this prime commercial land is $799,000. The property's address is Radio Rd, Dyersburg, TN 38024, situated in Dyer County. This is a rare opportunity to acquire a highly visible and well-positioned commercial property in a rapidly growing market.

    Property Features for 0 Radio Rd

    General Information

    Property type
    Retail properties
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Dyersburg
    County
    Dyer
    State
    Tennessee
    Longitude
    -89.4033424
    Latitude
    36.0707251

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    FAQs

    What type of property is this?
    Retail property - High-traffic commercial lot, prime location.
    Where is this retail property located?
    The property is located at Radio Rd Dyersburg, TN.
    What is the asking price?
    The asking price for this property is $799,000.
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    Radio Rd 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
    Radio Rd Dyersburg, TN 38024
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