736 Georgia AveChattanooga, TN 37402

  • Office properties
  • 57,430 SF
For Lease
$21/SF/YR View listing

Property Details for 736 Georgia Ave

Year built
1892
Lot size
0.80 AC
Property size (Sq ft)
57,430 SF
Zone code
C3
Property type
Office properties
Property subtype
Other office properties
APN
145D M 019
APU
145DM019

Description

This 1,811 square foot executive office suite is located in the historic Dome Building, a Class A, five-story structure at 736 Georgia Ave, Chattanooga, TN 37402. Built in 1892 and renovated in 2016, this iconic building boasts 10-12 foot ceilings and offers a blend of traditional and modern office space, suitable for various business types including coworking. The suite is part of a 72,320 square foot building with 107 parking spaces, three elevators, and electric power. The building sits on one acre of land and is situated in Chattanooga's Historic District/Federal & County Court House submarket, also known as Attorney Row, zoned UCX-6 (APN: 145D M 019). The building's prime location offers easy access to 8th Street. This is a single-tenant space within a multi-tenant building. The property offers a unique opportunity to occupy a piece of Chattanooga's history in a vibrant and convenient location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $12,146,695
    6.5%
    $11,212,334
    7%
    $10,411,453
  • Comparable approach

    Method
    Valuation
    Relative Method
    $9,354,771
    Geo Method
    $11,202,296
  • Alternative Use

    Use
    Valuation
    Residential
    $13,903,294
    Hospitality
    $12,735,343
    Educational
    $10,595,656
    Medical
    $10,960,057
    Retail
    $16,482,131
736 Georgia Ave, Chattanooga, Tennessee

Location Insight

City
Chattanooga
County
Hamilton
State
Tennessee
Latitude
35.0472
Longitude
-85.3069
CBSA code
16860
CBSA name
CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$44,129
-
-
$1,972,400
-
$1,400,000
$3,531,000
$4,931,000

FAQs

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