Property profile

1550 Phillips St Dyersburg, TN 38024

OFF-MARKET
Warehouses
Property ID
US80-3427023
40,000 SF 20 ac lot Built 1975
Entity Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 123,300 square foot warehouse, situated on a 20-acre lot at 1550 Phillips Street in Dyersburg, Tennessee, presents a compelling opportunity for businesses seeking expansion or relocation. Its strategic location offers unparalleled accessibility, lying a convenient 57.7 miles from the burgeoning Blue Oval City development. The expansive interior boasts high ceilings, providing ample vertical space for efficient storage and operations. The property's design prioritizes functionality, incorporating numerous loading docks and drive-in doors to streamline the handling of goods and materials, minimizing logistical challenges. This substantial warehouse is perfectly suited for a variety of uses, including storage, manufacturing, or distribution, offering flexibility to accommodate diverse business needs. The generous 20-acre lot provides ample room for future expansion or the addition of supporting facilities. This is a rare opportunity to secure a significant commercial property in a rapidly developing area of Tennessee, offering substantial potential for long-term growth and success. The property is available for lease. Interested parties should inquire promptly to arrange a viewing.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1975
Construction FRAME
Total area 40,000 SF
Lot 20 ac (871,200 SF)
APN 023088M K 00100
UPID US80-3427023

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1550 Phillips St Dyersburg, TN 38024-4127
Dyersburg metro Census 964300 DYERSBURG, TN MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$555k

Owner & transaction history

since 2022
Last sale
$500,000
7 recorded transactions
2022
$500,000
2007
$300,000
2007
$1.6M
2007
Price N/A
2005
Price N/A
2002
$2.4M
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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