849 Main StDyer, TN 38330
- Retail properties
- 10,465 SF
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
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
Comparable in this City
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