849 Main StDyer, TN 38330

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 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.

• 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

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

FAQs

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