8959 Dayton PikeSoddy-Daisy, TN 37379

Property Details for 8959 Dayton Pike

Year built

1960

Lot size

0.20 AC

Property size (Sq ft)

2,792 SF

Zone code

UR

Property type

Retail properties

Property subtype

Retail space

APN

065M A 022

APU

065MA022

Description

This exceptional 11,000 square foot commercial property, located at 8959 Dayton Pike in Soddy-Daisy, Tennessee, presents a unique investment opportunity. The single-story, Class B building, constructed in 1960 and renovated in 2000, offers five individual suites for lease, perfect for a variety of businesses. The property boasts ample parking with 30 spaces available for tenants and visitors. Its prime location on Dayton Pike provides excellent visibility, with an estimated 9,000-10,000 vehicles passing daily. The zoning is C-2, allowing for diverse commercial uses. The building sits on one acre of land (APN: 065M A 022) and features both traditional and creative office space options. One suite of 825 square feet is currently available for lease. The property offers prominent sign rights, including street-side and building exterior signage opportunities. Water is included in the lease

• CAP approach

  CAP return

  Valuation

  6%

  $868,065

  6.5%

  $801,290

  7%

  $744,055

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,146,068

  Geo Method

  $1,372,411

• Alternative Use

  Use

  Valuation

  Residential

  $675,918

  Hospitality

  $619,138

  Educational

  $515,115

  Medical

  $532,831

  Retail

  $801,290

Location Insight

City

Soddy Daisy

County

Hamilton

State

Tennessee

Latitude

35.2279

Longitude

-85.2132

CBSA code

16860

CBSA name

CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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