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    25 Cherokee Trl Dyersburg, TN 38024

    Sponsored
    For Sale
    $62,000

    Prime Dyersburg residential lot, ready to build.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional opportunity presents a vacant residential lot ideally situated in Dyersburg, Tennessee, at Lot 25 Cherokee Trail, zip code 38024. Offered at an attractive price of $62,000, this property presents a blank canvas for your dream home. While the lot size is currently listed as 0 square feet, further clarification on the exact dimensions is recommended through due diligence. The property is located in Dyer County and boasts convenient access to local amenities and services. The sale requires a 10% non-refundable down payment. A crucial aspect of the purchase agreement mandates closing within 30 days of either securing a performance bond or achieving substantial completion of any planned construction. This timeframe underscores the need for efficient and timely processing of the transaction. Prospective buyers are encouraged to conduct thorough independent verification of lot size and all other relevant details before proceeding with the purchase. This property is perfect for those seeking to build in a desirable Dyersburg location. Act quickly to secure this promising investment.

    Property Features for 25 Cherokee Trl

    General Information

    Property type
    Land
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Dyersburg
    County
    Dyer
    State
    Tennessee
    Longitude
    -89.4041285
    Latitude
    36.0566301

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    FAQs

    What type of property is this?
    Land - Prime Dyersburg residential lot, ready to build.
    Where is this land located?
    The property is located at 25 Cherokee Trl Dyersburg, TN.
    What is the asking price?
    The asking price for this property is $62,000.
    Request Owner's contact information
    25 Cherokee Trl 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
    25 Cherokee Trl Dyersburg, TN 38024
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