8500 Dayton PikeSoddy-Daisy, TN 37379

Property Details for 8500 Dayton Pike

Lot size

0.85 AC

Property type

Land

Property subtype

Commercial land

APN

073F A 010.03

APU

073FA01003

Description

This exceptional 0.86-acre commercial land parcel presents a compelling investment opportunity in the thriving Soddy Daisy submarket of Hamilton County. Located in a high-traffic area, this single-tenant property offers significant potential for ground lease development. The asking annual ground lease rate is $45,000 plus applicable taxes. This strategically positioned lot enjoys excellent visibility and accessibility, boasting a prime location adjacent to established businesses such as Dollar General and Charlie's Lounge. This ensures high foot traffic and strong brand recognition for any future development. The property's size and location make it suitable for a variety of commercial uses, providing flexibility for potential tenants. The land is ready for immediate development, presenting a unique chance to capitalize on the growing commercial sector in Soddy Daisy. Serious inquiries are encouraged to explore this exceptional ground lease opportunity and secure a foothold in this dynamic market. The property's convenient location and proximity to established businesses make it an attractive proposition for investors seeking a strong return on investment. Don't miss this chance to acquire a highly desirable commercial land parcel in a rapidly developing area.

• Alternative Use

  Use

  Valuation

  Residential

  $9,008,938

  Hospitality

  $8,252,138

  Educational

  $6,865,682

  Medical

  $7,101,804

  Retail

  $10,679,950

Location Insight

City

Soddy Daisy

County

Hamilton

State

Tennessee

Latitude

35.2191

Longitude

-85.2244

CBSA code

16860

CBSA name

CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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