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

    1887 Maple Spring Rd Dayton, TN 37321

    View on Map
    Loading data...
    Loading data...
    Loading data...
    Pending
    Contact for pricing

    Move-in ready home on 5 acres with spring-fed pond.

    Property size:
    1,216 SF
    Lot size:
    5.01 Acres

    Property Features for 1887 Maple Spring Rd

    General Information

    Standard status
    Pending
    Size
    1,216 SF
    Lot size
    5.01 Acres
    Exterior features
    Front Porch, Porch Covered, Parking. Outbuildings., Driveway, Gated Parking., Vinyl, Gentle Slope, Irregular, Freestanding, Private Yard, Barn. Farm, Gentle Slope, Asphalt, Public Roads, County Road.
    Interior features
    Central Air, 3, Dishwasher, Electric Range/Cooktop

    Building Details

    Year built
    2000

    We can help!

    Listing Contact
    Dennis Massengale
    Source: Xome

    Listing Agency: Blackwell Realty and Auction Listing Agent: Dennis Massengale

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    5 Acre Tract with Pond

    This property features a 5-acre tract improved with a move-in ready manufactured home set on a foundation. A spring-fed pond is located on the property, offering a potential building site adjacent to it. The property includes a structure with 1216 square feet of space.
    Location Intelligence

    Current Use by Public Records

    Farms

    Suggested Use

    Restaurant Real Estate Agency Pet Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Dayton
    County
    Rhea
    State
    Tennessee
    Longitude
    -84.88522
    Latitude
    35.497093

    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 Hwy, 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 St, Dayton, TN 37321
      View Details
    • $1,488,000
      3,660 SF

      Historic Dayton Building For Sale

      Tri-level building in downtown Dayton with income potential.
      1441 Market St, 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 St, Dayton, TN 37321
      View Details
    • $2,650,000
      10,728 SF

      Dayton Multifamily Investment Opportunity

      Six duplexes and one quadplex with five new duplexes under construction.
      1305 Old Washington Hwy, Dayton, TN 37321
      View Details
    • $1,488,000
      3,660 SF

      Historic Tri-Level Dayton Building

      Stunning tri-level building in downtown Dayton with income potential.
      1441 Market St, Dayton, TN 37321
      View Details
    • $2,350,000
      4,026 SF

      Dayton TN Apartment Investment

      Sixteen apartments for sale with leaseback option in Dayton, TN.
      124 Deer Ridge Dr, Dayton, TN 37321
      View Details
    • $450,000
      Pending

      Dayton Commercial Building Opportunity

      2,900 sq ft commercial building near downtown Dayton.
      585 Richland St, Dayton, TN 37321
      View Details
    • $3,980,000

      Converted Multifamily Property in Dayton

      22,528 SF property with 31 units, converted in 2025.
      405 Chickamauga Dr, Dayton, TN 37321
      View Details
    • $435,000
      6,738 SF

      Dayton Mixed-Use Property - Huge Potential

      Spacious church building, 1.7 acres, multiple uses.
      321 Broadway St, Dayton, TN 37321
      View Details
    • Contact for pricing
      6,300 SF

      Historic Downtown Dayton Tri-Level Building

      Tri-level building in Dayton's Historic District, potential for various uses.
      1441 Market St, Dayton, TN 37321
      View Details
    • $650,000
      3,600 SF

      Dayton Commercial Property - High Visibility

      Prime Dayton location, high traffic, income potential.
      7606 Rhea County Hwy, Dayton, TN 37321
      View Details

    FAQs

    What type of property is this?
    Farm - Move-in ready home on 5 acres with spring-fed pond.
    Where is this farm located?
    The property is located at 1887 Maple Spring Rd Dayton, TN.
    What are key features of this property?
    This property features: - 5-acre tract of land; - Move-in ready manufactured home on a foundation; - Spring-fed pond with building site
    (423) 509-5910
    Request Owner's contact information
    1887 Maple Spring Rd Dayton, TN 37321
    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.
    1887 Maple Spring Rd
    Dayton, TN 37321
    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
    1887 Maple Spring Rd Dayton, TN 37321
    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

    We can help!
    Listing Contact
    Dennis Massengale
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!