1220 Hiwassee HwyDayton, TN 37321

  • Other commercial real estate
  • 7,500 SF
For Sale
$999,999 View listing

Property Details for 1220 Hiwassee Hwy

Year built
2005
Property size (Sq ft)
7,500 SF
Property type
Other commercial real estate
APN
096 12708 001
APU
9612708001

Description

This exceptional Dayton, TN self-storage facility is offered for sale by owner at $999,999. The property boasts over 10,000 to 14,000 square feet of climate-controlled storage space across three individual units, situated on over five acres of land. Currently operating at full capacity, the facility caters to a diverse clientele, including individuals and businesses seeking secure storage solutions. Additional revenue streams are generated through RV and boat storage. The property's strategic location in a high-traffic area with easy highway access ensures excellent visibility and accessibility. Its versatile warehouse space presents opportunities for various uses, including distribution or manufacturing. The expansive land provides significant potential for future expansion and development, allowing for tailored growth to meet evolving business needs. This is a core investment opportunity with a single tenancy, presenting a compelling prospect for investors seeking a profitable and scalable venture in the thriving self-storage industry. The property is free and clear of any ground lease.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,815,684
    Hospitality
    $1,663,156
    Educational
    $1,383,727
    Medical
    $1,431,315
    Retail
    $2,152,464
1220 Hiwassee Hwy, Dayton, Tennessee

Location Insight

City
Dayton
County
Rhea
State
Tennessee
Latitude
35.4667
Longitude
-85.0209
CBSA code
19420
CBSA name
DAYTON, TN MICROPOLITAN 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
-
$6,800
$54,920
$61,720
-
$17,000
$137,300
$154,300

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