1609 Shelby Dr, Dyersburg, TN 38024
This exceptional 7,405.2 square foot lot, located at 1609 Shelby Drive in Dyersburg, Tennessee, presents a unique opportunity for both commercial and residential development. Zoned R-3, this property offers significant flexibility for a variety of projects. The 50' x 149' lot is level and ready for construction, making it an ideal site for a single-family home or a multi-family residential development. Its convenient location in Dyersburg, within Dyer County, and its generous size make it a highly attractive investment. The property is situated in zip code 38024, offering easy access to local amenities and transportation routes. With its versatile zoning and prime location, this lot represents a rare chance to acquire a highly desirable piece of land in a thriving Tennessee community. The asking price is $9,500. This is a fantastic opportunity for builders, investors, or anyone looking to build their dream home or develop a profitable multi-family project. Don't miss out on this exceptional property.
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.