201 Cherokee BlvdChattanooga, TN 37405

Property Details for 201 Cherokee Blvd

Year built

2012

Lot size

0.30 AC

Property size (Sq ft)

34,186 SF

Zone code

C2

Property type

Office properties

Property subtype

Other office properties

APN

135F E 003

APU

135FE003

Description

This exceptional 1,057 square foot commercial space, located at 201 Cherokee Boulevard, presents a unique opportunity for a single tenant seeking a prominent Northshore presence. Classified as Class A, this property offers a blend of traditional and creative office space flexibility, making it ideal for a variety of businesses. The building's location on Cherokee Boulevard ensures high visibility and foot traffic, placing it within easy walking distance of numerous amenities. These include River Parks, a variety of restaurants, Whole Foods, Publix, and Walgreens, enhancing the convenience and appeal for both employees and clients. Convenient parking is readily available in a nearby parking deck, eliminating parking hassles. The property is situated in Hamilton County and is categorized as both retail and office space, offering versatility in its potential uses. The single-tenant occupancy ensures exclusive use of the space, providing a private and controlled environment. This property is perfect for businesses seeking a high-profile location with excellent accessibility and a vibrant surrounding community. The space is ready for immediate occupancy and offers a chance to establish a thriving business in a desirable area. Inquire today to learn more about this exceptional opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $7,230,488

  6.5%

  $6,674,296

  7%

  $6,197,561

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,568,557

  Geo Method

  $6,668,321

• Alternative Use

  Use

  Valuation

  Residential

  $8,276,128

  Hospitality

  $7,580,888

  Educational

  $6,307,210

  Medical

  $6,524,125

  Retail

  $9,811,216

Location Insight

City

Chattanooga

County

Hamilton

State

Tennessee

Latitude

35.0643

Longitude

-85.311

CBSA code

16860

CBSA name

CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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