4707 Dayton Blvd, Chattanooga, TN 37415-2149
- Warehouses
- 44,404 SF
- 8.63 lot acres
Current Use by Public Records
- Penske Truck Rental / Car Rental Facility
- Red Bank Climate Storage / Storage Facility
- Dollar General / Discount Store
- Western Union / Bank / Credit Union
Property Details for 4707 Dayton Blvd
- Year built
- 1993
- Lot size
- 8.63 lot acres
- Zone code
- C2
- Property type
- Warehouses
- Property subtype
- Self storage facilities
- APN
- 109B E 005
- APU
- 109BE005
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jan 10, 2020 | — | Red Bank Commons LLC | — | Deed · related | $606k · Renasant Bk |
| May 11, 2006 | $900,000 | Protective Life | Wallace,ronnie R | Trustees Deed · related | — |
| Jul 22, 1992 | $50,000 | Ronnie R Wallace | Unknown | Grant Deed | — |
| — | — | Red Bank Commons LLC | — | Deed Of Trust · related | $606k · Renasant Bk |
Description
Red Bank Commons, a Class B shopping center in Hamilton County, offers exceptional retail space totaling 41,370 square feet. This single-story, 1992-built property underwent a complete renovation in 2020, boasting modern amenities and excellent visibility on Dayton Boulevard. Currently, two contiguous spaces are available, measuring 1,200 and 1,500 square feet respectively, offering flexibility for businesses seeking 1,200 to 1,500 square feet or the potential to combine for a larger footprint. The center features a total of five suites. Long-term tenant Dollar General anchors the property, demonstrating strong market demand and stability. Red Bank Climate Controlled Storage, added in 2020, further enhances the center's appeal and provides complementary services. The property benefits from easy access and high visibility, making it an ideal location for a variety of retail businesses. The minimum divisible space is 1,200 square feet, with a maximum contiguous space of 1,500 square feet. A total of 2,700 square feet is currently vacant. This prime retail opportunity presents a chance to establish a presence in a thriving commercial area.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $4,564,000
- AI Estimate
- $4,564,000
Market price range: $1.55M - $4.75MMarket price range: $1.55M - $4.75M -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $2,945,000 Current use
- COMMERCIAL (GENERAL)
- $6,525,000 Change: +122% Conversion: Difficult
- RETAIL STORES
- $5,395,000 Change: +83% Conversion: Moderate
- INDUSTRIAL (GENERAL)
- $2,770,000 Change: -6% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Chattanooga
- County
- Hamilton
- State
- Tennessee
- Longitude
- -85.2818
- Latitude
- 35.136
- CBSA code
- 16860
- CBSA name
- CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA
