7625 Hamilton Park DrChattanooga, TN 37421

  • Mixed-use properties
  • 34,918 SF
For Sale
$5,500,000 View listing

Property Details for 7625 Hamilton Park Dr

Year built
2000
Lot size
4.80 AC
Property size (Sq ft)
34,918 SF
Zone code
C2
Property type
Mixed-use properties
Property subtype
Other industrial properties
APN
139F B 003
APU
139FB003

Description

This exceptional mixed-use investment property, located at 7625 Hamilton Park Drive in Chattanooga, Tennessee, presents a compelling opportunity for discerning investors. Comprising four single-story buildings constructed between 2000 and 2003, the property boasts a combined square footage ranging from 7,384 to 12,750 square feet. The flexible zoning permits commercial use, catering to a variety of business ventures. Situated in a prime location within Hamilton County, the property benefits from excellent demographics and a strong, growing Chattanooga market. This income-producing asset offers a secure, long-term investment prospect in a city experiencing significant growth. The asking price is $5,500,000. The property's strategic location and diverse commercial zoning make it an ideal investment for those seeking a stable and potentially high-return opportunity in the thriving Chattanooga, TN market (zip code 37421). Further details are available upon request.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $9,157,783
    6.5%
    $8,453,339
    7%
    $7,849,528
  • Comparable approach

    Method
    Valuation
    Relative Method
    $8,816,078
    Geo Method
    $10,557,213
  • Alternative Use

    Use
    Valuation
    Residential
    $8,453,339
    Hospitality
    $7,743,212
    Educational
    $6,442,262
    Medical
    $6,663,822
    Retail
    $10,021,297
7625 Hamilton Park Dr, Chattanooga, Tennessee

Location Insight

City
Chattanooga
County
Hamilton
State
Tennessee
Latitude
35.0583
Longitude
-85.1359
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
$31,993
-
-
$1,429,960
-
$978,500
$2,596,400
$3,574,900

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