Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    556 Ashley Lane Dayton, TN 37321

    View on Map
    For Sale
    Contact for pricing

    LAND - Dayton, TN

    Lot size:
    0.54 Acres
    Added:
    Jul 27, 2025
    Days on Market:
    250
    Last Refresh:
    Apr 2 at 5:06 am

    Property Features for 556 Ashley Lane

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    R-1
    Standard status
    Active
    APN
    076l A 069.00
    Lot size
    0.54 Acres

    Taxes and HOA fees

    TaxDescription
    076L A 069.00
    TaxAnnualAmount
    135

    Utilities

    Utilities
    Water Available
    Sewer type
    Septic Tank
    Water source
    Public

    We can help!

    Listing Contact
    Teresa D Congioloso
    Teresa D Congioloso

    Listing agent Teresa D Congioloso License #256449

    Listing office Keller Williams Ridge to River 143 3rd Ave, Chattanooga, TN

    Listing date Jul 27, 2025

    MLS# 1517534

    Copyright © 2025 Greater Chattanooga Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Residential Land in Dayton, TN

    This 0.54-acre residential land is located in Dayton, TN, offering an ideal location to build a home. Situated in a desirable subdivision, the property provides peaceful living with convenient access to amenities. The lot requires clearing, presenting a blank canvas for customization. It offers quick access to HWY 27, nearby industrial parks, a golf course, and a local hospital. This property is located in Rhea County, with a zoning designation of R-1.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Building Supply Auto Repair Shop Kitchen & Bath Showroom Food Market Storage Facility Garden Center Nursing Home Veterinary Clinic Plumbing Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Dayton
    County
    Rhea
    State
    Tennessee
    Longitude
    -84.964556
    Latitude
    35.537249

    Nearby Similar for Sale

    • $479,900
      10,200 SF

      Commercial Property on Three Lots

      Commercial buildings with highway frontage, suitable for garage or storage.
      5809 Old Washington Highway, Dayton, TN 37321
      View Details
    • $325,000

      Prime Commercial Lot on Highway

      Highly visible 1-acre commercial parcel in a growing area.
      Rhea County Highway, Dayton, TN 37321
      View Details
    • $875,000

      Dayton Commercial Land For Sale

      2.6 acres of commercial land with full utilities.
      16th Avenue, Dayton, TN 37321
      View Details
    • $425,000

      Development Land in Dayton, TN

      22.45-acre development opportunity with 30 sites and established infrastructure.
      Couchwood Drive, Dayton, TN 37321
      View Details
    • $150,000

      Commercial Lot in Dayton, TN

      Ready-to-develop commercial lot with front and rear access.
      Indiana Avenue, Dayton, TN 37321
      View Details
    • $250,000
      200 SF

      Dayton, TN Restaurant Opportunity

      Restaurant space with outdoor seating and high visibility in Dayton.
      268 Richland Street, Dayton, TN 37321
      View Details
    • $300,000
      1 SF

      Dayton Commercial Land For Sale

      1.4 acres of commercial land in the heart of Dayton.
      472 Chickamauga Drive, Dayton, TN 37321
      View Details
    • $300,000

      Dayton TN Land For Sale

      1.4 acres of C-2 zoned land in Dayton, Tennessee.
      472 Chickamauga Drive, Dayton, TN 37321
      View Details
    • $319,900

      26.3 Acres with Mountain Views

      Land with mountain views, creek, and commercial potential near Dayton.
      1085 Rhea County Highway, Dayton, TN 37321
      View Details
    • $450,000
      2,900 SF

      Dayton Commercial Building For Sale

      2,900 sq ft commercial building in prime Dayton location.
      585 Richland Street, Dayton, TN 37321
      View Details
    • $425,000

      Dayton, TN Development Opportunity

      22.45 acre, 30-site development opportunity within city limits.
      Black Oak Ridge Road, Dayton, TN 37321
      View Details
    • $389,900

      Unrestricted Land with Highway Frontage

      7.35 acres with high visibility frontage, ideal for development.
      Rhea County Hwy, Dayton, TN 37321
      View Details

    FAQs

    What type of property is this?
    Land - Residential land for sale in a growing Dayton, TN community.
    Where is this land located?
    The property is located at 556 Ashley Lane Dayton, TN.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Ideal location in a desirable Dayton, TN subdivision.; Convenient access to HWY 27.; Water available.
    (423) 421-7852
    We can help!
    Listing Contact
    Teresa D Congioloso
    Teresa D Congioloso
    Real Estate License ID: 256449
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!