525 Cherokee BlvdChattanooga, TN 37405

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

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.

• 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

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