12820 Dayton PikeSoddy-Daisy, TN 37379

Property Details for 12820 Dayton Pike

Year built

2000

Lot size

7.09 AC

Property size (Sq ft)

5,880 SF

Zone code

C2

Property type

Office properties

APN

033 053

APU

33053

Description

This exceptional 5,880 sq ft Class A commercial building, located at 12820 Dayton Pike in Soddy-Daisy, Tennessee, is offered for sale at $975,000 ($165.82/sq ft). Built in 2000, this single-story structure features 21 units and ample parking (25 spaces). The property boasts a versatile layout suitable for various uses, including daycare, restaurant, and traditional office spaces, as evidenced by its permitted commercial zoning. The interior includes a spacious reception area with natural light, approximately 21 private offices (several with built-in desks and storage), two to three conference rooms, two break rooms (one with a fully equipped kitchenette), three restrooms, and one full shower. Dedicated storage rooms and utility spaces are also available. The building benefits from updated HVAC systems and new water heaters. Large open areas offer flexibility for additional workstations, collaborative spaces, or special events. Note that a lease agreement exists with a cell phone tower company, with a previous lump-sum payout received by the former owners. This turnkey property presents a unique opportunity for a diverse range of businesses. The building is currently vacant.

• CAP approach

  CAP return

  Valuation

  6%

  $1,243,646

  6.5%

  $1,147,981

  7%

  $1,065,982

• Comparable approach

  Method

  Valuation

  Relative Method

  $957,793

  Geo Method

  $1,146,953

• Alternative Use

  Use

  Valuation

  Residential

  $1,423,496

  Hospitality

  $1,303,915

  Educational

  $1,084,842

  Medical

  $1,122,151

  Retail

  $1,687,532

Location Insight

City

Soddy Daisy

County

Hamilton

State

Tennessee

Latitude

35.322

Longitude

-85.1345

CBSA code

16860

CBSA name

CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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