6742 Lafayette RdChickamauga, GA 30707

  • Other commercial real estate
  • 5,614 SF
For Sale
$395,000 View listing

Property Details for 6742 Lafayette Rd

Year built
1978
Construction
WOOD
Lot size
1.07 AC
Property size (Sq ft)
5,614 SF
Zone code
C
Property type
Other commercial real estate
APN
3026 052
APU
3026052

Description

This exceptional mixed-use property at 6742 Lafayette Road, Chickamauga, GA 30707, presents a compelling investment opportunity. The 1.07-acre lot features a 3,420 square foot main building with 4,500 square feet of net rentable space, complemented by three additional outbuildings ideal for storage or rental. Built in 1978 and renovated in 1986, the property boasts five units and is zoned for commercial use. Its prime location offers high visibility and accessibility, situated just one block from Highway 27 and a short 10-minute drive to Interstate 75. The property's proximity to the Chickamauga Battlefield ensures consistent high traffic counts. The asking price is $395,000 ($115.50/sq ft). This presents a strong ROI potential for owner-operators or investors seeking to lease out the existing buildings and potentially develop additional mini-storage units or office space to further enhance returns. The property is perfect for businesses needing distribution access to Chattanooga and North Georgia, and is within the rapidly developing Highway 27 growth corridor. The property is a single-story building with four buildings in total. Corporate ownership is available.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,359,100
    Hospitality
    $1,244,928
    Educational
    $1,035,766
    Medical
    $1,071,387
    Retail
    $1,611,191
6742 Lafayette Rd, Chickamauga, Georgia

Location Insight

City
Chickamauga
County
Walker
State
Georgia
Latitude
34.8933
Longitude
-85.265
CBSA code
16860
CBSA name
CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,270
$21,129
$47,443
$68,572
-
$52,822
$118,607
$171,429

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