7552 Bonnyshire DrChattanooga, TN 37416

Property Details for 7552 Bonnyshire Dr

Year built

2010

Lot size

1.00 AC

Property size (Sq ft)

4,168 SF

Zone code

M1

Property type

Office properties

Property subtype

Other office properties

APN

129M E 002.01C002

APU

129ME00201C002

Description

This exceptional 4,775 square foot flex space in Chattanooga, Tennessee, presents a unique investment opportunity at $899,000. Located at 7552 Bonnyshire Drive, 37416, this single-building property boasts a desirable M1 zoning classification. The space is intelligently divided into two distinct areas: a 2,350 square foot Class A office suite and a 2,425 square foot warehouse. The office area features seven private offices, three restrooms, a conference room, a break room, and a 10-foot ceiling height. A dedicated IT server room adds to its functionality. The warehouse section offers a 26-foot ceiling height, abundant natural light from skylights, and energy-efficient spray foam insulation. A 12' x 10' automatic roll-up door provides easy access, complemented by a 500 square foot mezzanine for additional storage. The property also includes a 3-phase 120/208-volt electrical system, a security system, and a sprinkler system. The drive-through site plan enhances operational efficiency. This versatile property is ideal for a variety of businesses seeking a blend of office and warehouse space in a prime Chattanooga location.

• CAP approach

  CAP return

  Valuation

  6%

  $881,550

  6.5%

  $813,739

  7%

  $755,614

• Comparable approach

  Method

  Valuation

  Relative Method

  $678,925

  Geo Method

  $813,010

• Alternative Use

  Use

  Valuation

  Residential

  $1,009,036

  Hospitality

  $924,271

  Educational

  $768,983

  Medical

  $795,430

  Retail

  $1,196,196

Location Insight

City

Chattanooga

County

Hamilton

State

Tennessee

Latitude

35.0725

Longitude

-85.1623

CBSA code

16860

CBSA name

CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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