1017 Executive DrChattanooga, TN 37343

Property Details for 1017 Executive Dr

Year built

2006

Lot size

0.53 AC

Property size (Sq ft)

3,240 SF

Zone code

C2

Property type

Healthcare properties

Property subtype

Medical offices

APN

110H E 004.43

APU

110HE00443

Description

This exceptional 3,960-square-foot office building, constructed in 2006, is ideally situated in Hixson, Tennessee, at 1017 Executive Drive, zip code 37343. Currently configured as a primary healthcare facility, this versatile space offers a custom floor plan adaptable to various medical or executive office uses. The property boasts convenient curbside parking for patients and ample rear parking for staff. The single-level layout includes a reception area, nurses' station, lab, employee restrooms, and separate patient restrooms. Its prime location in Hixson offers excellent demographics and proximity to CHI Memorial Hospital Hixson, CVS Pharmacy, and numerous senior living facilities. The building's strategic placement ensures easy access to all areas of Chattanooga. This is a remarkable opportunity to acquire a well-designed, functional, and conveniently located office building for $999,500, representing a price per square foot of $252.40. The property is offered for sale by owner. A must-see for discerning buyers seeking a turnkey solution in a thriving market.

• CAP approach

  CAP return

  Valuation

  6%

  $685,274

  6.5%

  $632,561

  7%

  $587,378

• Comparable approach

  Method

  Valuation

  Relative Method

  $527,764

  Geo Method

  $631,994

• Alternative Use

  Use

  Valuation

  Residential

  $784,375

  Hospitality

  $718,484

  Educational

  $597,770

  Medical

  $618,328

  Retail

  $929,864

Location Insight

City

Hixson

County

Hamilton

State

Tennessee

Latitude

35.1326

Longitude

-85.2351

CBSA code

16860

CBSA name

CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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