Property profile

515 Hwy 118 Dresden, TN 38225

OFF-MARKET
Retail space
Property ID
US80-0898686
3,780 SF 280 ac lot Built 1965
Individually Owned 5-yr Hold Free & Clear
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Property summary

AI-generated overview

The property is a commercial building located in Dresden, Tennessee, with an area of 2,340 square feet situated on a 1.3-acre lot. It has frontage and access along Highway 118 and is configured to support a range of business uses, including restaurant and retail operations.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1965
Total area 3,780 SF
Lot 280 ac (12,196,800 SF)
Zoning code 8
APN 092090M B 01700
UPID US80-0898686

Cap rate & NOI

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

Location

515 Hwy 118 Dresden, TN 38225-5927
Dresden metro Census 968400 MARTIN, TN MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$75k

Owner & transaction history

since 2021
Last sale
$50,000
4 recorded transactions
2021
$50,000
2016
$32,000
2014
$22,500
1969
Price N/A

Zoning & alternative use

8 · Dresden, TN

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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