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    Property profile & analytics

    2408 Lk Rd Dyersburg, TN 38024-1604

    • Drive through restaurants
    • 3,680 SF
    • 0.80 lot acres
    OFF-MARKET
    Value Estimation
    $2,250,000
    Last Sale
    May 24, 2024
    $2,271,961
    Location Intelligence
    Property ID
    US80-1828398
    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

    • KFC / Fast Food Restaurant / Chicken Restaurant

    Property Details for 2408 Lk Rd

    Year built
    1991
    Lot size
    0.80 lot acres
    Property size
    3,680 SF
    Property type
    Drive through restaurants
    APN
    023074 05801
    APU
    2307405801

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,270,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,235,000
      6.5%
      $2,105,000
      7%
      $2,310,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,295,000
      Geo Method
      $1,955,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,960,000
      Retail
      $2,085,000
      Mixed-Use
      $2,170,000
      Hospitality
      $2,565,000
      Educational
      $2,610,000
      Residential Income
      $1,980,000
      Energy
      $2,120,000
      Income-Based Land
      $2,170,000
      Food Service
      $2,380,000

    Location Insight

    • Map
    • Local Demand
    City
    Dyersburg
    County
    Dyer
    State
    Tennessee
    Longitude
    -89.3947
    Latitude
    36.0597
    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
    $156,160
    $201,920
    $358,080
    -
    $390,400
    $504,800
    $895,200

    Comparable in this City

    • Value Estimation
      $390,000
      3,454 SF

      396 Us Hwy 51st W Byp

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,454 SF
      396 Us Hwy 51st W Byp, Dyersburg, TN 38024-1931
      View Details
    • Value Estimation by Request
      3,067 SF

      2710 Lk Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,067 SF
      2710 Lk Rd, Dyersburg, TN 38024-1674
      View Details
    • Value Estimation by Request
      3,179 SF

      2730 Lk Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,179 SF
      2730 Lk Rd, Dyersburg, TN 38024-1674
      View Details
    • Value Estimation by Request
      5,054 SF

      2496 Lk Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 5,054 SF
      2496 Lk Rd, Dyersburg, TN 38024-1604
      View Details
    • Value Estimation
      $170,000
      800 SF

      Harrell Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 800 SF
      Harrell Ave, Dyersburg, TN 38024
      View Details
    • Value Estimation
      $275,000
      1,834 SF

      2625 Lk Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,834 SF
      2625 Lk Rd, Dyersburg, TN 38024-1605
      View Details

    Similar Nearby for Sale

    • $159,900
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      Dyersburg Commercial Building For Sale

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    • $235,000
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      Dyersburg Commercial Property For Sale

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    • New
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      Dyersburg Commercial Property For Sale

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      Dyersburg Retail Space For Sale

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    Similar Nearby for Lease

    • Contact for pricing

      Retail and Restaurant Space Available

      New retail and restaurant development across from Walmart.
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      View Details
    • $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
    • $12 SF/Yr
      24,313 SF

      Dyersburg Office Space Available

      Prime Dyersburg location, 2,000 sq ft office.
      2450 Lake Rd, Dyersburg, TN 38024
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    • $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

      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
    • $1,500 /Mo
      1,480 SF

      Dyersburg Commercial Space For Rent

      Commercial space with four rooms, reception, kitchen, and two bathrooms.
      1385 Flowering Dogwood Ln, Dyersburg, TN 38024
      View Details

    Property Visit Statistics

    • Visits by month
      16.7k
    • Visitors by month
      11.8k
    • Avg Time on site
      15 min
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    Dyersburg, TN 38024-1604
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    Realmo Value Estimation

    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.

    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.

    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
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