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    626 Melrose Pl Dayton, TN 37321

    For Sale
    $325,000

    LAND - Dayton, TN

    Lot size:
    3.67 Acres
    Days on Market:
    223
    Last Refresh:
    Dec 8 at 1:06 pm

    Property Features for 626 Melrose Pl

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    R-1
    APN
    092j A 026.00
    Lot size
    3.67 Acres

    Utilities

    Utilities
    Water Available
    Sewer type
    Septic Tank
    Water source
    Public
    Water front
    1

    Coldwell Banker Pryor Realty, Inc. (423) 894-6762 [email protected]

    Listing agent Jillian Stavely (423) 775-4044 License #356929

    Listing date Apr 30, 2025

    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

    Waterfront Lot in Gated Subdivision

    This 3.67-acre lot is located in the Melrose Landing subdivision in Dayton, TN. The property is zoned R-1 and offers over 600 feet of shoreline. Melrose Landing is a gated community that provides a community dock and boat launch. This lot is intended for residential use.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Hotel & Motel Pet Store Bed & Breakfast

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

    Location Insight

    • Map
    • Local Demand
    City
    Dayton
    County
    Rhea
    State
    Tennessee
    Longitude
    -84.897895
    Latitude
    35.49304

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    FAQs

    What type of property is this?
    Residential land & home lot - Pristine 3.67-acre waterfront lot in established gated community.
    Where is this residential land & home lot located?
    The property is located at 626 Melrose Pl Dayton, TN.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: - Pristine waterfront lot with OVER 600 FT OF SHORELINE.; - Located in an established, gated subdivision (Melrose Landing).; - Community dock and boat launch access.
    (423) 775-4044
    Request Owner's contact information
    626 Melrose Pl Dayton, TN 37321
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    Dayton, TN 37321
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    Realmo Value Estimation

    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.

    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.

    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
    626 Melrose Pl Dayton, TN 37321
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