849 Main StDyer, TN 38330

  • Retail properties
  • 10,465 SF
For Lease

Property Details for 849 Main St

Year built
2022
Construction
FRAME
Lot size
1.55 AC
Property size (Sq ft)
10,465 SF
Property type
Retail properties
Property subtype
Retail space
APN
061 02105
APU
6102105

Description

This exceptional 10,500-square-foot retail space, located at 849 S Main St in Dyer, Tennessee (zip code 38330), presents a significant opportunity for businesses seeking a prominent location in Gibson County. Previously occupied as a Family Dollar, this single-tenant property offers ample space for a variety of retail uses. The building is currently vacant and ready for immediate occupancy. The property boasts excellent visibility and accessibility from a high-traffic area on Main Street. The sublease agreement expires September 30, 2032, with the possibility of extending the lease term through negotiations with the property owner. This presents a unique chance to secure a long-term presence in a thriving community. The property's size and location make it ideal for a wide range of retail concepts. Serious inquiries are encouraged to explore this prime retail opportunity further. The property is classified as retail, with a single-tenant occupancy. Its geographic coordinates are latitude 36.05700725142817 and longitude -88.9856427505699.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,516,353
    6.5%
    $3,245,864
    7%
    $3,014,016
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,055,946
    Geo Method
    $2,055,946
  • Alternative Use

    Use
    Valuation
    Residential
    $2,738,008
    Hospitality
    $2,508,000
    Educational
    $2,086,627
    Medical
    $2,158,389
    Retail
    $3,245,864
849 Main St, Dyer, Tennessee

Location Insight

City
Dyer
County
Gibson
State
Tennessee
Latitude
36.0573
Longitude
-88.985
CBSA code
27180
CBSA name
JACKSON, TN METROPOLITAN 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
-
$8,680
$317,360
$326,040
-
$21,700
$793,400
$815,100

FAQs

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