6143 Ooltewah Georgetown RdOoltewah, TN 37363
- Office properties
- 2,016 SF
Property Details for 6143 Ooltewah Georgetown Rd
- Year built
- 1941
- Lot size
- 1.68 AC
- Property size (Sq ft)
- 2,016 SF
- Zone code
- O1
- Property type
- Office properties
- Property subtype
- Other office properties
- APN
- 132 008
- APU
- 132008
Description
This exceptional Class A retail property in Ooltewah, Tennessee, presents a unique investment opportunity. Located at 6143 Ooltewah Georgetown Rd, zip code 37363, this newly constructed (2023) building offers a total of 2,800 square feet of versatile space, ideal for medical, office, or retail uses. The property boasts a highly visible location, just 0.6 miles from Cambridge Square, ensuring excellent exposure to potential customers. The building features two suites, with a minimum divisible space of 1,200 square feet and a maximum contiguous space of 2,800 square feet, offering flexibility for various tenant needs. Currently, the entire 2,800 square feet is vacant, providing an immediate opportunity for occupancy. Ample parking is available, with 20-30 spaces accommodating both tenants and customers. The property is zoned C2 and features readily available power. While elevators are not present, the building's design prioritizes accessibility and ease of use. This prime retail space represents a compelling investment in a thriving Ooltewah location. Don't miss this chance to secure a brand-new, high-visibility property in a rapidly growing area.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $426,393
- 6.5%
- $393,593
- 7%
- $365,480
-
Comparable approach
- Method
- Valuation
- Relative Method
- $328,386
- Geo Method
- $393,241
-
Alternative Use
- Use
- Valuation
- Residential
- $488,056
- Hospitality
- $447,056
- Educational
- $371,946
- Medical
- $384,738
- Retail
- $578,582
Location Insight
- City
- Ooltewah
- County
- Hamilton
- State
- Tennessee
- Latitude
- 35.0892
- Longitude
- -85.0555
- CBSA code
- 16860
- CBSA name
- CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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