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3920 Dayton Boulevard, Chattanooga, TN, 37415
Prime Commercial Space on Dayton Boulevard

3920 Dayton Boulevard Chattanooga, TN 37415

For Sale
$2,000,000

Highly visible commercial property in a thriving Chattanooga corridor.

Property Size11,262 SF
Price / SF$177.59
Days on Market137

Property Features for 3920 Dayton Boulevard

General Information

Standard status
Active
Size
11,262 SF
Listing Agency: Real Broker
Listed By: Corey Ballew · License #332263
Source: Exprealty
Added: Mar 11 Changed: Jul 10 Last Checked: Jul 24 at 4:50PM

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 Real Broker


Investment Insights

Based on property information with market context.

Located on Dayton Boulevard in Red Bank, 3920 Dayton Blvd is near downtown Chattanooga. Situated on a well-traveled north-south corridor, the property benefits from traffic and visibility, with access to US-27 and downtown Chattanooga. The building features a commercial layout suited for retail, antiques, boutique shops, showrooms, galleries, or specialty markets. With a storefront presence and parking access behind the building via Redding Road, the property is suited for businesses looking to attract local residents and visitors. The structure provides flexible open space that can accommodate a variety of commercial uses, from retail displays and vendor booths to creative studios or event spaces. Its layout lends itself to multi-vendor retail concepts, antique markets, curated boutiques, and specialty retail environments. Situated within the Red Bank community, the property is surrounded by restaurants, neighborhood retail, and established residential neighborhoods. The location allows businesses to capture local neighborhood traffic and commuters traveling between downtown Chattanooga and northern Hamilton County. The property is a commercial opportunity in one of Chattanooga's growing retail corridors. The property produces a Net Operating Income of $132,969. The building basis is $1,700,000 and the tax rate is 37%, the study estimates potential Year-One (2026) tax savings between approximately $124,050.

Key Highlights

  • High Visibility & Traffic: Located on Dayton Blvd, a major north‑south corridor.
  • Strong Income: Generates a current Net Operating Income (NOI) of $132,969.
  • Strategic Location: Minutes from downtown Chattanooga with easy access to US‑27.

Financial Insights For Retail

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 $135.1k $12.00
− Vacancy −$10.8k −$0.96
EGI $124.3k $11.04
− OpEx −$37.3k −$3.31
NOI $87.0k $7.73
11,262 SF · lease $12.00/SF/yr · vacancy 8.00% · expense 30.00%

Alternative Uses

Best Use
Retail
$1.24M
$1.09M – $1.45M (±1% cap)
NOI $87,033 @ 7.0% cap · market cap 4.35%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.49M
$2.18M – $2.90M (±1% cap)
NOI $174,109 @ 7.0% cap · market cap 8.71%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Brogdon Dental PC Physician Joshua Mckinney Dental Office

Suggested Use

Law Firm Real Estate Agency Restaurant Building Supply Big Box & Wholesale Store Skin Care Clinic Kitchen & Bath Showroom Auto Repair Shop Grocery & Convenience Store Garden Center

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

FAQs

What type of property is this?
Storefront property - Highly visible commercial property in a thriving Chattanooga corridor.
Where is this storefront property located?
The property is located at 3920 Dayton Boulevard Chattanooga, TN.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: High Visibility & Traffic: Located on Dayton Blvd, a major north‑south corridor.; Strong Income: Generates a current Net Operating Income (NOI) of $132,969.; Strategic Location: Minutes from downtown Chattanooga with easy access to US‑27.
More about this property
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