4825 Dayton BlvdRed Bank, TN 37415

  • Retail properties
  • 46,294 SF
For Sale
$395,000 View listing

Property Details for 4825 Dayton Blvd

Year built
1980
Lot size
8.69 AC
Property size (Sq ft)
46,294 SF
Property type
Retail properties
Property subtype
Outlet malls
APN
099O B 001.02
APU
099OB00102

Description

This exceptional Red Bank, Tennessee property, located at 4825 Dayton Blvd, zip code 37415, offers a unique opportunity to lease executive office space within a well-maintained retail and office building. The building, a Class B property constructed in 1980, boasts a total of 46,294 square feet, with 36,000 square feet currently vacant and available for lease. Multiple tenancy options are available, with spaces ranging from a minimum of 1,000 square feet to a maximum contiguous space of 35,000 square feet. The property features ample parking to accommodate employees and visitors. Its convenient location in Red Bank offers easy access to various amenities, including nearby dining and retail establishments, creating a desirable environment for businesses. The building's modern design and abundant natural light contribute to a productive and inviting workspace. This is an ideal location for businesses seeking a strategic presence in a thriving commercial district. The property is categorized as both Retail and Office, with a subtype of Executive Office and Strip Center.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $14,393,333
    6.5%
    $13,286,153
    7%
    $12,337,142
  • Comparable approach

    Method
    Valuation
    Relative Method
    $19,002,888
    Geo Method
    $22,755,872
  • Alternative Use

    Use
    Valuation
    Residential
    $11,207,367
    Hospitality
    $10,265,888
    Educational
    $8,541,099
    Medical
    $8,834,840
    Retail
    $13,286,153
4825 Dayton Blvd, Red Bank, Tennessee

Location Insight

City
Chattanooga
County
Hamilton
State
Tennessee
Latitude
35.1387
Longitude
-85.2799
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
$28,575
-
-
$582,640
-
$713,400
$743,200
$1,456,600

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