1481 Scruggs RdRinggold, GA 30736

  • Other commercial real estate
  • 1,231 SF
For Lease
$3.60/SF/YR View listing

Property Details for 1481 Scruggs Rd

Year built
1953
Construction
WOOD
Lot size
19.15 AC
Property size (Sq ft)
1,231 SF
Zone code
C-1
Property type
Other commercial real estate
APN
10B04100A
APU
10B04100A

Description

This exceptional 4,000 square foot restaurant space, formerly Boyd's Speedway concessions, presents a unique opportunity in Ringgold, GA. Located within one mile of I-75 Exit 1, on the Tennessee/Georgia line, this property boasts a substantial 24,000 square foot lot with ample parking for 30 vehicles. The building features a commercial kitchen and grill, equipped with newer fire suppression devices, along with two updated ADA-compliant restrooms. The outdoor space is a key asset, including a covered seating area with metal picnic tables and additional uncovered areas perfect for expanding seating or adding games. The property also includes a unique outdoor bar and ample covered seating, creating a versatile space ideal for a specialty bar, restaurant, or lunch spot. The property is zoned commercial and is ready for permitting, making it a truly turnkey operation. Utilities are the responsibility of the tenant. Electric power is available. The property is conveniently located on Scruggs Rd, Ringgold, GA 30736, near US 41. This is a quiet and distinctive location with high potential. More photos are forthcoming.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $298,014
    Hospitality
    $272,979
    Educational
    $227,116
    Medical
    $234,927
    Retail
    $353,291
1481 Scruggs Rd, Ringgold, Georgia

Location Insight

City
Ringgold
County
Catoosa
State
Georgia
Latitude
34.9849
Longitude
-85.1941
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
$8,397
$241,800
$133,252
$375,052
-
$604,500
$333,130
$937,630

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