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Property profile & analytics
FOR SALE
Medical Office Space

1575 Parr Ave Dyersburg, TN 38024

8,076 SF 1.55 ac lot Built 1994
Trust Owned 8-yr Hold ~ Est. High Equity
Property ID
US80-1108244
Property summary
AI-generated overview

This exceptional 7,908 square foot office building is strategically located at 1575 Parr Avenue in Dyersburg, Tennessee. The property presents a significant opportunity for businesses seeking a substantial and well-established office space. The building's generous size allows for flexible configurations to accommodate a variety of operational needs, from individual offices to large open work areas. The address offers excellent visibility and accessibility, ensuring convenient access for employees and clients alike. Given its size and location within Dyersburg, this property is ideally suited for a range of professional services, corporate offices, or organizations requiring ample space. The asking price of $1,170,000 represents a compelling investment opportunity in a thriving Tennessee market. The property sits on a lot with no acreage specified, indicating a potentially efficient use of space. Serious inquiries are encouraged to explore the full potential of this impressive commercial property. Further details regarding the building's internal layout, amenities, and potential for customization are available upon request. This is a rare opportunity to acquire a substantial office building in a desirable location. Don't miss out on this chance to secure a prime commercial asset in Dyersburg, Tennessee.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1994
Total area 8,076 SF
Lot 1.55 ac (67,416 SF)
APN 023088K A 01502
UPID US80-1108244
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • DaVita Dyersburg At Home Medical Clinic
  • Dr. Ramakant M. Mulay, MD Physician Medical Clinic
  • West Tn Kidney Specialtists P Medical Clinic
  • Dr. Kandala R. Chary, MD Physician
  • Dr. Shree Mulay Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$385k
CAP Approach CAP
by Request
Comparable Approach Comparable
$852k
Blend (final) Blend
$620k
Owner & transaction history
Puckett Family Trust · 8 yrs held
Puckett Family Trust
since 2018
4 recorded transactions
2018
$1.3M
2017
Price N/A
2012
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $715,000 +19.6%
Commercial (general) $665,000 +11.0%
Restaurant $645,000 +7.3%
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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