38 Cherokee Trl, Dyersburg, TN 38024
This exceptional opportunity presents a vacant residential lot ideally situated in Dyersburg, Tennessee, at Lot 38 Cherokee Trail, zip code 38024. Priced affordably at $62,000, this property offers a blank canvas for your dream home. The lot itself has a recorded size of 0 square feet, though further investigation into the Dyer County land records may be necessary to confirm exact dimensions. The property is conveniently located within the city limits of Dyersburg, offering easy access to local amenities and services. This is a cash-only sale, requiring a 10% non-refundable down payment. The closing process is designed for efficiency, requiring completion within 30 days of either obtaining a performance bond or achieving substantial completion of any planned construction. This presents a unique chance to build in a desirable Tennessee location. Buyers are responsible for conducting their own due diligence regarding lot size and any necessary permits or approvals for construction. Act quickly to secure this prime residential building site. The property's coordinates are 36.0566301 latitude and -89.4041285 longitude.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.