525 Cherokee BlvdChattanooga, TN 37405
- Office properties
- 1,914 SF
Property Details for 525 Cherokee Blvd
- Year built
- 1956
- Lot size
- 0.08 AC
- Property size (Sq ft)
- 1,914 SF
- Zone code
- C2
- Property type
- Office properties
- Property subtype
- Other office properties
- APN
- 135C K 009
- APU
- 135CK009
Description
This exceptional 940-square-foot commercial space at 525 Cherokee Blvd., Chattanooga, TN 37405, is ideally situated in the desirable Northshore neighborhood. Located in a two-story building (built in 1956, renovated in 2019), this single-tenant office offers a separate entrance, providing excellent privacy and accessibility. The space is part of a larger 2,200-square-foot building and is currently available for occupancy beginning October 1, 2024. Its versatile layout makes it suitable for a variety of uses, including traditional office, creative office, medical office, or executive office settings. The property's location near Chilhowie Street offers convenient access to local amenities and transportation. This space is particularly well-suited for wellness professionals, holistic practitioners, or boutique health businesses, given its proximity to an established functional medicine practice. The space can be utilized in its current configuration or customized to meet the specific requirements of a new tenant. This is a rare opportunity to secure a well-maintained, conveniently located office space in a thriving Chattanooga neighborhood.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $404,819
- 6.5%
- $373,679
- 7%
- $346,988
-
Comparable approach
- Method
- Valuation
- Relative Method
- $311,771
- Geo Method
- $373,345
-
Alternative Use
- Use
- Valuation
- Residential
- $463,362
- Hospitality
- $424,438
- Educational
- $353,127
- Medical
- $365,272
- Retail
- $549,309
Location Insight
- City
- Chattanooga
- County
- Hamilton
- State
- Tennessee
- Latitude
- 35.0679
- Longitude
- -85.3155
- 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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