Freestanding Flex & Warehouse
2112 DAYTON BLVD Red Bank, TN 37415
2112 DAYTON BLVD, Red Bank, TN, 37415
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For Sale
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Freestanding versatile building with upper-level retail/showroom space and a lower level built for roll-up door loading.
Property Size14,790 SF
Price / SF$128.47
Days on Market70
Property Features for 2112 DAYTON BLVD
General Information
- Standard status
- Active
- Size
- 14,790 SF
- Property subtype
- Special Purpose, Mixed Use, Retail
Building Details
- Year Built
- 1950
Listing agency
Exit Realty
Listed by
Jonathan Cambell · License #TN 291911
Source
Crexi
Added: May 13 Updated: Jul 20 at 8:06PM Checked: Jul 20 at 8:06PM
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 Exit Realty
Investment Insights
Based on property information with market context.
This freestanding, versatile commercial building offers two distinct levels for mixed-use flexibility. The upper level totals 7,395 SF and is set up for retail, showroom, or storefront use. The lower level also totals 7,395 SF and is designed for storage, warehouse, or garage uses, with roll-up doors providing practical loading and access.
The property is located along the high-traffic corridor of Dayton Blvd in Red Bank, TN, approximately 2 miles from Downtown Chattanooga and near Highway 27, supporting convenient regional access.
With a split configuration and multiple potential uses tied to each level, the building suits an owner-user looking to occupy part of the space while generating additional monthly income from other tenants.
The property is located along the high-traffic corridor of Dayton Blvd in Red Bank, TN, approximately 2 miles from Downtown Chattanooga and near Highway 27, supporting convenient regional access.
With a split configuration and multiple potential uses tied to each level, the building suits an owner-user looking to occupy part of the space while generating additional monthly income from other tenants.
Key Highlights
- Freestanding 14,790 SF mixed‑use building (built 1950) on the high‑traffic corridor of Dayton Blvd.
- Upper level features 7,395 SF suitable for retail, showroom, or storefront use.
- Lower level offers 7,395 SF for storage, warehouse, or garage use, with roll‑up doors for loading access.
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $230.7k | $15.60 |
| − Vacancy | −$16.2k | −$1.09 |
| EGI | $214.6k | $14.51 |
| − OpEx | −$75.1k | −$5.08 |
| NOI | $139.5k | $9.43 |
14,790 SF · lease $15.60/SF/yr · vacancy 7.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$1.99M
$1.74M – $2.32M
NOI $139,473 @ 7.0% cap · market cap 7.34%
Second Best
Retail
$1.63M
$1.43M – $1.90M
NOI $114,297 @ 7.0% cap · market cap 6.02%
Theoretical Best
Office A
$3.27M
$2.86M – $3.81M
NOI $228,651 @ 7.0% cap · market cap 12.03%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Mango's Décor & Co.
Furniture & Home Goods
FAQs
What type of property is this?
Flex space - Freestanding versatile building with upper-level retail/showroom space and a lower level built for roll-up door loading.
Where is this flex space located?
The property is located at 2112 DAYTON BLVD Red Bank, TN.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: Freestanding 14,790 SF mixed‑use building (built 1950) on the high‑traffic corridor of Dayton Blvd.; Upper level features 7,395 SF suitable for retail, showroom, or storefront use.; Lower level offers 7,395 SF for storage, warehouse, or garage use, with roll‑up doors for loading access.
