Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • 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
    Property profile & analytics

    112 Main Ave Dyersburg, TN 38024-4635

    • Retail space
    • 4,800 SF
    • 0.06 lot acres
    OFF-MARKET
    Value Estimations
    $225,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US80-0829532
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Alvino's Pizza / Pizza Restaurant

    Property Details for 112 Main Ave

    Year built
    1900
    Lot size
    0.06 lot acres
    Property size
    4,800 SF
    Property type
    Retail space
    APN
    023099B K 01900
    APU
    023099BK01900

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $240,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $206,000
      Market price range: $136k - $736k
      AI Estimate
      $219,000
      Market price range: $163k - $687k

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Dyersburg
    County
    Dyer
    State
    Tennessee
    Longitude
    -89.3855
    Latitude
    36.0322
    CBSA code
    20540
    CBSA name
    DYERSBURG, TN MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $8,280
    $33,920
    $42,200
    -
    $20,700
    $84,800
    $105,500

    Comparable in this City

    • Value Estimation
      $230,000
      4,800 SF

      110 Main Ave

      RETAIL STORES (PERSONAL SERVICES) • 4,800 SF
      110 Main Ave, Dyersburg, TN 38024-4635
      View Details
    • Value Estimation
      $215,000
      4,771 SF

      575 Mall Blvd

      RETAIL STORES (PERSONAL SERVICES) • 4,771 SF
      575 Mall Blvd, Dyersburg, TN 38024-1661
      View Details
    • Value Estimation
      $195,000
      5,760 SF

      103 Ml Ave

      RETAIL STORES (PERSONAL SERVICES) • 5,760 SF
      103 Ml Ave, Dyersburg, TN 38024-4628
      View Details
    • Value Estimation
      $225,000
      1,353 SF

      1809 Saint John Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,353 SF
      1809 Saint John Ave, Dyersburg, TN 38024-2115
      View Details
    • Value Estimation
      $225,000
      4,080 SF

      1815 Saint John Ave

      RETAIL STORES (PERSONAL SERVICES) • 4,080 SF
      1815 Saint John Ave, Dyersburg, TN 38024-2115
      View Details
    • Value Estimation
      $245,000
      3,143 SF

      1313 Shelby Dr

      RETAIL STORES (PERSONAL SERVICES) • 3,143 SF
      1313 Shelby Dr, Dyersburg, TN 38024-2615
      View Details

    Similar Nearby for Sale

    • $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
    • $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
    • $275,000

      Dyersburg Commercial Land Investment

      Prime Dyersburg location, build-to-suit options.
      0 Community Park Rd, Dyersburg, TN 38024
      View Details
    • $600,000
      Pending

      Dyersburg Commercial Property For Sale

      Commercial property with high traffic and existing business in Dyersburg.
      1960 St John Ave, Dyersburg, TN 38024
      View Details
    • $159,900
      1,040 SF

      Dyersburg Commercial Building For Sale

      Mixed-use building with commercial kitchen and ample parking.
      1355 Saint John Ave, Dyersburg, TN 38024
      View Details
    • $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

    Similar Nearby for Lease

    • $5,500 /Mo
      5,000 SF

      Versatile Commercial Space in Dyersburg

      Move-in ready, flexible 5000 sq ft commercial space for rent.
      2490 Parr Ave, Dyersburg, TN 38024
      View Details
    • $3,000 /Mo
      3,000 SF

      Dyersburg Retail Space For Rent

      Commercial space available in Dyersburg, Tennessee, offering 3000 square feet.
      1057 Vendall Rd, Dyersburg, TN 38024
      View Details
    • Contact for pricing

      Retail and Restaurant Space Available

      New retail and restaurant development across from Walmart.
      805 Pennell Lane Ext, Dyersburg, TN 38024
      View Details
    • Contact for pricing

      Dyersburg Shopping Center For Lease

      160,000 SF shopping center at US Highway 51 Bypass.
      51 Byp And Parr Ave, Dyersburg, TN 38024
      View Details
    • $12 SF/Yr
      24,313 SF

      Dyersburg Office Space Available

      Prime Dyersburg location, 2,000 sq ft office.
      2450 Lake Rd, Dyersburg, TN 38024
      View Details
    • $2,600 /Mo
      5,000 SF

      Historic Downtown Dyersburg Office Space

      Prime commercial space in Dyersburg's historic downtown development.
      109 W Market St, Dyersburg, TN 38024
      View Details
    Request Owner's contact information
    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.
    112 Main Ave
    Dyersburg, TN 38024-4635
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.