Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    922 Sandstone Ter Soddy-Daisy, TN 37379

    Property Lookup

    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    922 Sandstone Ter Soddy-Daisy, TN 37379

    View on Map
    • Commercial real estate
    • 1.06 lot acres
    Off-Market
    Property ID
    US80-1245295
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 922 Sandstone Ter

    Lot size
    1.06 lot acres
    Property type
    Commercial real estate

    Description

    This Jefferson Parish industrial flex space offers 5,000 square feet of immediately available warehouse space, perfect for a variety of businesses. The property boasts a total building size of 20,909 square feet and features 19-foot center and 17-foot side clear heights, providing ample vertical space for storage or operations. Access is convenient with three 12' x 14' overhead doors located at the front, rear, and northern side of the building, plus an aside drive offering access to Bainbridge Avenue. The interior layout includes three private offices, a reception area, a breakroom, and two restrooms, along with an additional shop restroom at the rear. Mezzanine storage is equipped with racks and a finished office, adding valuable extra space. The property also benefits from three-phase power. The property is zoned L-I, Light Industrial (APN: 0920021313) and includes a substantial 4,206.40 square feet of stabilized rear yard space. The current owner-occupant intends to vacate by June 1st, 2024. 2023 charges totaled $1,401.68 per month ($3.36/sq ft/yr), inclusive of taxes, building, flood, and general liability insurance. This is a single-tenant property in excellent condition, ready for immediate occupancy.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Soddy-Daisy
    County
    Hamilton
    State
    Tennessee
    Longitude
    -85.215096
    Latitude
    35.243781

    Comparable in this City

    • $300,000
      1,400 SF

      Fully-Rented Duplex on Dayton Pike

      Investment opportunity in Soddy Daisy with immediate cash flow.
      11209 Dayton Pike, Soddy Daisy, TN 37379
      View Details
    • $600,000
      2,800 SF

      Soddy-Daisy Duplex Investment Opportunity

      Two fully rented duplexes on Dayton Pike in Soddy-Daisy, TN.
      11213 Dayton Pike, Soddy Daisy, TN 37379
      View Details
    • $1,200,000
      6,086 SF

      Soddy-Daisy Multifamily Investment Opportunity

      Four fully rented duplexes in Soddy Daisy, Tennessee.
      11219 Dayton Pike, Soddy Daisy, TN 37379
      View Details
    • $900,000
      4,200 SF

      Soddy Daisy Duplex Investment Opportunity

      Six-unit multifamily property in rapidly growing Soddy Daisy, Tennessee.
      11215 Dayton Pike, Soddy Daisy, TN 37379
      View Details
    • Contact for pricing

      Soddy Daisy Investment Opportunity

      Eight-unit property in a rapidly growing area.
      8903 Nelson Rd, Soddy Daisy, TN 37379
      View Details
    • $468,500
      3,400 SF

      Renovated Triplex in Soddy Daisy

      Fully renovated triplex with strong rental income potential.
      9151 Dallas Hollow Rd, Soddy Daisy, TN 37379
      View Details

    Similar Nearby for Sale

    • $300,000
      1,400 SF

      Fully-Rented Duplex on Dayton Pike

      Investment opportunity in Soddy Daisy with immediate cash flow.
      11209 Dayton Pike, Soddy Daisy, TN 37379
      View Details
    • $600,000
      2,800 SF

      Soddy-Daisy Duplex Investment Opportunity

      Two fully rented duplexes on Dayton Pike in Soddy-Daisy, TN.
      11213 Dayton Pike, Soddy Daisy, TN 37379
      View Details
    • $1,200,000
      6,086 SF

      Soddy-Daisy Multifamily Investment Opportunity

      Four fully rented duplexes in Soddy Daisy, Tennessee.
      11219 Dayton Pike, Soddy Daisy, TN 37379
      View Details
    • $900,000
      4,200 SF

      Soddy Daisy Duplex Investment Opportunity

      Six-unit multifamily property in rapidly growing Soddy Daisy, Tennessee.
      11215 Dayton Pike, Soddy Daisy, TN 37379
      View Details
    • Contact for pricing

      Soddy Daisy Investment Opportunity

      Eight-unit property in a rapidly growing area.
      8903 Nelson Rd, Soddy Daisy, TN 37379
      View Details
    • $468,500
      3,400 SF

      Renovated Triplex in Soddy Daisy

      Fully renovated triplex with strong rental income potential.
      9151 Dallas Hollow Rd, Soddy Daisy, TN 37379
      View Details

    Similar Nearby for Lease

    • $84,000
      33,106 SF

      Prime Soddy Daisy Commercial Land

      High-traffic location, level lot, utilities available.
      9339 Dayton Pike, Soddy-Daisy, TN 37379
      View Details
    • Contact for pricing

      Freestanding Retail Building on Dayton

      Retail/office space in growing Soddy Daisy market.
      11246 Dayton Pike, Soddy Daisy, TN 37379
      View Details
    • Contact for pricing

      Industrial Space Available For Rent

      Industrial space available, ranging from 4,000 to 24,060 SqFt.
      8408 Gulf View Dr, Soddy Daisy, TN 37379
      View Details
    Request Owner's contact information
    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.
    922 Sandstone Ter
    Soddy-Daisy, TN 37379
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!