Property profile

9619 W Ridge Trail Rd Soddy Daisy, TN 37379

FOR SALE
Warehouses
Property ID
US80-3299059
1,500 SF 1 ac lot Built 2006
Individually Owned 8-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 2,200-square-foot industrial property in Soddy-Daisy, Tennessee, presents a compelling investment opportunity for owner-users or investors. Located at 9619 W Ridge Trail Rd, 37379, this single-story, Class B warehouse sits on a 0.86-acre lot and boasts a desirable C-2 zoning designation. Built in 2006 and renovated in 2018, the building features four roll-up doors, a convenient paint booth, a dedicated office area, and a full restroom. The property includes a large concrete driveway and a spacious fenced yard with two gated entrances, providing ample space for storage or potential expansion. The asking price is $499,000, translating to $226.82 per square foot. This versatile space is ideal for a variety of businesses, including automotive repair, boat or RV restoration, light manufacturing, storage, or shipping. The property's features and zoning make it an attractive option for both owner-occupancy and leasing to generate rental income. The Hamilton County location offers easy access to transportation routes and a growing market. The property's APN is 066E A 023.04. This is a single-tenant property with 2,200 square feet of net rentable space.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2006
Total area 1,500 SF
Lot 1 ac (43,560 SF)
Zoning code C2
APN 066E A 023.04
UPID US80-3299059

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

9619 W Ridge Trail Rd Soddy Daisy, TN 37379
Soddy Daisy metro Census 10306 CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$95k

Owner & transaction history

since 2018
5 recorded transactions
2024
Price N/A
2018
$135,000
2012
Price N/A
2008
$95,000
2004
$12,500

Zoning & alternative use

C2 · Soddy Daisy, TN

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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