9631 Dayton PikeSoddy-Daisy, TN 37379

  • Other commercial real estate
  • 6,100 SF
For Sale
$625,000 View listing

Property Details for 9631 Dayton Pike

Year built
1957
Lot size
0.40 AC
Property size (Sq ft)
6,100 SF
Zone code
LB
Property type
Other commercial real estate
Property subtype
Showrooms
APN
066A B 005
APU
066AB005

Description

This 6,100-square-foot mixed-use building, located at 9631 Dayton Pike in Soddy-Daisy, Tennessee (37379), is situated on a 17,424-square-foot lot and offers exceptional visibility and accessibility. Built in 1957, this single-story structure boasts a C2 zoning designation, allowing for a variety of commercial uses. The property features a fully renovated exterior with new glass and large roll-up garage doors, providing ample natural light and ventilation. Inside, the space is largely open, offering flexibility for customization to suit diverse business needs. The building includes upgraded lighting, a fireplace, gas plumbing, and two bathrooms—one in a small office space and another for general use. Refinished concrete floors throughout provide a durable and attractive surface. The property benefits from dedicated, fenced parking and shares an easement with a neighboring Truist Bank, providing convenient access. Its prime location on Dayton Pike, a high-traffic roadway with approximately 9,200 cars daily (based on a 2023 study), places it near numerous high-volume businesses, including Walmart, Dollar Tree, Food City, Wendy's, Zaxby's, and Taco Bell. Currently operating at 100% occupancy, this versatile building presents a unique opportunity for a variety of commercial ventures, from retail and restaurants to light manufacturing or storage. The asking price is $625,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,896,560
    6.5%
    $1,750,670
    7%
    $1,625,622
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,503,945
    Geo Method
    $2,998,462
  • Alternative Use

    Use
    Valuation
    Residential
    $1,476,756
    Hospitality
    $1,352,700
    Educational
    $1,125,431
    Medical
    $1,164,136
    Retail
    $1,750,670
9631 Dayton Pike, Soddy-Daisy, Tennessee

Location Insight

City
Soddy Daisy
County
Hamilton
State
Tennessee
Latitude
35.2436
Longitude
-85.1914
CBSA code
16860
CBSA name
CHATTANOOGA, TN-GA METROPOLITAN 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
2023
$3,978
-
-
$117,480
-
$95,800
$197,900
$293,700

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