3500 Dodds AveChattanooga, TN 37407

Property Details for 3500 Dodds Ave

Year built

1950

Lot size

1.15 AC

Property size (Sq ft)

4,200 SF

Zone code

M1

Property type

Retail properties

Property subtype

Retail space

APN

168B N 001

APU

168BN001

Description

This exceptional 14,859-square-foot commercial property in Chattanooga, Tennessee, offers a unique blend of office, warehouse, and showroom space, ideal for a variety of businesses. Located at 3500 Dodds Ave, this single-story, Class C building sits on 1.1 acres and boasts 249 feet of frontage. The space is currently vacant and features 6,612 square feet of warehouse space and 8,247 square feet of office/showroom space, allowing for flexible configurations to suit your specific needs. The property includes convenient access to a covered loading area at the rear. A large fenced-in drop yard across the street is also available for separate negotiation. The zoning is M-1, providing versatility for various business types. The landlord is willing to subdivide the space to accommodate smaller tenants. The lease rate is $6 per square foot, NNN, in as-is condition. Build-out options are negotiable based on lease terms and rate. This historically significant building, previously occupied by Goodwill Industries, presents a compelling opportunity for businesses seeking a well-located, adaptable space in Chattanooga's thriving market. The property's APN is 168B N 001. This is a single-tenant space with multiple potential uses, including but not limited to flooring/countertop showrooms and warehouses, medical laboratories, and contractor office/warehouse facilities.

• CAP approach

  CAP return

  Valuation

  6%

  $1,305,828

  6.5%

  $1,205,380

  7%

  $1,119,281

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,724,028

  Geo Method

  $2,064,515

• Alternative Use

  Use

  Valuation

  Residential

  $1,016,783

  Hospitality

  $931,368

  Educational

  $774,887

  Medical

  $801,536

  Retail

  $1,205,380

Location Insight

City

Chattanooga

County

Hamilton

State

Tennessee

Latitude

35.0007

Longitude

-85.2813

CBSA code

16860

CBSA name

CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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