Two-Building Mixed-Use
15237 DAYTON PIKE, Sale Creek, TN 37373
For Sale
Contact for pricing
The property combines a dedicated office building and a separate residence, with C-2 zoning.
Property Size2,366 SF
Lot Size1.00 Acre
Price / SF$285.29
Days on Market8
Property Features for 15237 DAYTON PIKE
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Site & Location
Highway Access
Road Access
Building Details
Buildings
Listing Agency:
Keller Williams Realty
Listed By:
Annette Clark Nutt · License TN #311787
Source:
Crexi
Added: Nov 4
Changed: Nov 10
Last Checked: Nov 10 at 6:28AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty
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Investment Insights
Based on property information with market context.
Two separate structures make up this mixed-use property: an office building measuring 1,436 square feet and a 930-square-foot residence. Both buildings have been updated recently, and the combined building area is 2,366 square feet. The site is approximately one acre and is zoned C-2.
The property fronts Hwy 27 in Sale Creek, Tennessee.
The property fronts Hwy 27 in Sale Creek, Tennessee.
Key Highlights
- Two buildings total 2,366 square feet: a 1,436‑square‑foot office and a 930‑square‑foot residence
- Approximately one acre on Hwy 27 in Sale Creek, Tennessee
- C‑2 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,754
Cap Rate
3.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$495,080
$495.1K
Cap Rate 7%
$353,629
$353.6K
Cap Rate 9%
$275,044
$275.0K
Market Conditions
NOI Build-Up for 2,366 SF
Gross rent
$42.6K $18.00/SF
− Vacancy
−$3.0K −$1.26/SF
EGI
$39.6K $16.74/SF
− OpEx
−$14.9K −$6.28/SF
NOI
$24.8K $10.46/SF
Area
Hamilton County, TN
Vacancy
7.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$495,080
Cap Rate 7%
$353,629
Cap Rate 9%
$275,044
Alternative Uses
Best Use
Mixed Use
$353.6K
$309.4K – $412.6K
NOI $24,754 @ 7.0% cap · market cap 3.67%
Second Best
Office B
$277.1K
$242.5K – $323.3K
NOI $19,400 @ 7.0% cap · market cap 2.87%
Theoretical Best
Healthcare Medical
$392.9K
$343.8K – $458.4K
NOI $27,503 @ 7.0% cap · market cap 4.07%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
37
Businesses Nearby
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Business Placement
Demographics for 37373, TN
3,343
Population
1,142
Households
2.9
Avg Household Size
46
Median Age
16%
College-Educated
85%
High-School Grad
40.6 sq mi
ZIP Area
82
Density / Sq Mi
$59,306
Median Household Income
$46,007
Median Earnings
$1,072
Median Rent
$295,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Mixed-use properties in Hamilton County
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The property combines a dedicated office building and a separate residence, with C-2 zoning.
Where is this mixed-use property located?
The property is located at 15237 DAYTON PIKE Sale Creek, TN.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Two buildings total 2,366 square feet: a 1,436‑square‑foot office and a 930‑square‑foot residence; Approximately one acre on Hwy 27 in Sale Creek, Tennessee; C‑2 zoning
