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    Property profile & analytics

    549 Hwy 118 Dresden, TN 38225-5927

    • Retail space
    • 1,968 SF
    • 150.00 lot acres
    OFF-MARKET
    Value Estimation
    $95,000
    Last Sale
    Oct 10, 2024
    $55,000
    Location Intelligence
    Property ID
    US80-0323022
    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

    • Retail space

    Property Details for 549 Hwy 118

    Year built
    1970
    Construction
    WOOD
    Lot size
    150.00 lot acres
    Property size
    1,968 SF
    Zone code
    8
    Property type
    Retail space
    APN
    092090M B 01200
    APU
    092090MB01200

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Dresden
    County
    Weakley
    State
    Tennessee
    Longitude
    -88.7079
    Latitude
    36.2998
    CBSA code
    32280
    CBSA name
    MARTIN, 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
    $4,520
    $17,800
    $22,320
    -
    $11,300
    $44,500
    $55,800

    Comparable in this City

    • Value Estimation by Request
      1,892 SF

      5242 Hwy 118

      RETAIL STORES (PERSONAL SERVICES) • 1,892 SF
      5242 Hwy 118, Dresden, TN 38225-1987
      View Details
    • Value Estimation by Request
      2,400 SF

      8546 Hwy 22

      RETAIL STORES (PERSONAL SERVICES) • 2,400 SF
      8546 Hwy 22, Dresden, TN 38225-2308
      View Details
    • Value Estimation by Request
      4,682 SF

      2790 Paris Hwy 54

      RETAIL STORES (PERSONAL SERVICES) • 4,682 SF
      2790 Paris Hwy 54, Dresden, TN 38225-4304
      View Details
    • Value Estimation by Request
      8,280 SF

      134 Pikeview St

      RETAIL STORES (PERSONAL SERVICES) • 8,280 SF
      134 Pikeview St, Dresden, TN 38225-1326
      View Details
    • Value Estimation by Request
      3,720 SF

      107 Poplar St

      RETAIL STORES (PERSONAL SERVICES) • 3,720 SF
      107 Poplar St, Dresden, TN 38225-1115
      View Details
    • Value Estimation by Request
      2,244 SF

      110 Wilson St

      RETAIL STORES (PERSONAL SERVICES) • 2,244 SF
      110 Wilson St, Dresden, TN 38225-1149
      View Details

    Similar Nearby for Sale

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    • $149,900
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      Dresden Commercial Property on Highway

      Commercial property suitable for restaurant, retail, and other businesses.
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    Dresden, TN 38225-5927
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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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