101 Church StDresden, TN 38225

Property Details for 101 Church St

Year built

1975

Lot size

190.00 AC

Property size (Sq ft)

11,465 SF

Zone code

8

Property type

Retail properties

Property subtype

Banks

APN

092102A F 01900

APU

092102AF01900

Description

This exceptional investment opportunity presents a sizable 39,204 square foot commercial lot ideally situated in the heart of Dresden, Tennessee. Located at 101 S Church Street, this property boasts a highly desirable location within easy walking distance of both the Weakley County Courthouse and City Hall, ensuring high visibility and accessibility. The lot's substantial size offers significant development potential for a variety of commercial ventures. Its central location within Dresden provides convenient access to local amenities, businesses, and a strong residential population. This prime piece of real estate presents a rare chance to establish a thriving business in a well-established and growing community. The asking price of $149,000 makes this an attractive proposition for investors seeking a strong return on their investment. The property is zoned for commercial use (verification of zoning with local authorities is recommended). This is a turnkey opportunity for entrepreneurs and developers looking to capitalize on the thriving commercial landscape of Dresden, Tennessee. Don't miss this chance to secure a valuable asset in a prime location. The address is 101 S Church Street, Dresden, TN 38225.

• CAP approach

  CAP return

  Valuation

  6%

  $3,852,364

  6.5%

  $3,556,028

  7%

  $3,302,026

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,252,405

  Geo Method

  $2,252,405

• Alternative Use

  Use

  Valuation

  Residential

  $2,999,642

  Hospitality

  $2,747,656

  Educational

  $2,286,018

  Medical

  $2,364,638

  Retail

  $3,556,028

Location Insight

City

Dresden

County

Weakley

State

Tennessee

Latitude

36.2905

Longitude

-88.7065

CBSA code

32280

CBSA name

MARTIN, TN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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