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Property profile & analytics
FOR LEASE
Retail space
2490 Parr Ave Dyersburg, TN 38024
Individually Owned
10-yr Hold
~
Est. High Equity
Property ID
US80-1761008
For Lease
1 / 4
$5,500/Mo
2490 Parr Ave, Dyersburg, TN 38024
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2008
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
14,190 SF
Lot
13.32 ac (580,219 SF)
APN
023074 06000
UPID
US80-1761008
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
-
Curtis R. Colbert, PharmD Pharmacy
-
C & C Pharmacy Pharmacy
-
Amedisys Home Health Care Home Health Care Service
-
taybaileyPT Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.18M
Blend (final)
Blend
$2.11M
Owner & transaction history
Curtis R Colbert · 10 yrs held
Curtis R Colbert
since 2016
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Dyersburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dyersburg submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.11M
Range $1.89M – $2.32M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$148 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Property tax & assessments
Assessed value
$834,960
Assessed 2023
Previous assessed
$834,960
+0.0% YoY
Assessed land
$404,320
Assessed improvement
$430,640
Land market value
$1,010,800
Improvement market value
$1,076,600
Total market value
$2,087,400
Applied tax rate
23.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
2008
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Rooms
10
Bathrooms
7
Total area
14,190 SF
Lot
13.32 ac (580,219 SF)
APN
023074 06000
UPID
US80-1761008
Jurisdiction
DYER
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2008
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Units
1
Rooms
10
Bathrooms
7
Lot
13.32 ac
Current owner
From public records · entity-resolved
Curtis R Colbert
Individual
Mailing address
1645 LAURA LN, DYERSBURG, TN 38024-2916
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 15, 2018
—
Curtis R Colbert
—
Deed
related
$1,625,243 · First Citizens Nat'l Bk
Jan 4, 2016
$2,100,000
Curtis R Colbert
Forrest Kenton Busch
Warranty Deed
$2,120,250 · First Citizens Bank & Trust Co
Mar 12, 2010
—
Forrest K Busch JR.
—
Trustees Deed
related
$250,000 · First State Bank
Sep 28, 2006
$150,000
John T Pressler
Ragan Virginia H Trust
Warranty Deed
—
Sep 20, 2006
$942,000
Forrest K Busch
Ragan Virginia H Trust
Warranty Deed
$2,000,000 · Security Bank
Aug 30, 2005
$75,000
Parr Avenue Church Of Christ
Ragan,bennett JR & Randa
Warranty Deed
—
Aug 30, 2004
$225,000
Parr Avenue Church Of Christ
Ragan,bennett JR & Randa
Warranty Deed
—
Jan 15, 2004
$500,000
Ernest Rice IV
Gatton,joseph P
Grant Deed
—
Jan 31, 2003
$293,150
R Hill
Gatton,k
Grant Deed
—
Mar 7, 1995
—
Power Of Attorney
Ragan,virginia H
Grant Deed
related
—
—
—
Forrest K Busch JR.
—
Deed Of Trust
related
—
—
—
Curtis R Colbert
—
Deed Of Trust
related
$1,625,243 · First Citizens Nat'l Bk
—
—
Forrest K Busch JR.
—
Deed Of Trust
related
$2,900,000 · First State Bank
—
—
Forrest K Busch JR.
—
Deed Of Trust
related
$1,591,555 · First State Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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