Base lease period with DG expires 11/30/2029; three extension periods of 5 years each; Owner pays property taxes and invoices DG for reimbursement; Maintenance expense - Tenant; Insurance expense - Tenant.
The median home value in Palmyra, TN is $414,500. This is higher than the county median home value of $291,700. The national median home value is $338,100. The average price of homes sold in Palmyra, TN is $414,500. Approximately 68.02% of Palmyra homes are owned, compared to 12.32% rented, while 19.66% are vacant. Palmyra real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Palmyra real estate agent to arrange a tour today!
Palmyra, Tennessee has a population of 2,091. Palmyra is less family-centric than the surrounding county with 9.85% of the households containing married families with children. The county average for households married with children is 35.38%.
The median household income in Palmyra, Tennessee is $68,188. The median household income for the surrounding county is $63,768 compared to the national median of $69,021. The median age of people living in Palmyra is 45.7 years.
The average high temperature in July is 89.5 degrees, with an average low temperature in January of 26.6 degrees. The average rainfall is approximately 51.2 inches per year, with 3.4 inches of snow per year.