2030 Hamilton Place BlvdChattanooga, TN 37421

  • Office properties
  • 147,332 SF
For Lease
$23.50/SF/YR View listing

Property Details for 2030 Hamilton Place Blvd

Year built
2001
Lot size
9.44 AC
Property size (Sq ft)
147,332 SF
Zone code
R4
Property type
Office properties
Property subtype
Other office properties
APN
148M G 005
APU
148MG005

Description

This exceptional Chattanooga office complex, located at 2030 & 2034 Hamilton Place Boulevard, offers a total of 212,607 square feet of premium Class A office space. The property comprises two buildings, one five stories and the other four, totaling 11.5 acres of land. Built in 2000 and renovated in 2008, the buildings boast ample parking with 604 spaces. Currently, multiple suites are available, ranging from 2,032 to 13,969 square feet, ideal for a variety of businesses. The complex benefits from its strategic location east of downtown Chattanooga, near Hamilton Place Mall, and enjoys a strong tenant roster including notable companies such as CBL & Associates Properties, Inc., AIS Infrastructure, Soar Transport, Chattanooga-Hamilton County Air Pollution Bureau, Signal Energy, and Hospice of Chattanooga. The property is zoned R-4 and features the APN numbers 148M G 005 & 148M G 005.01 within Hamilton County, Tennessee (Zip code 37421). CBL Center (139,261 sq ft) was built in 2000, while CBL Center II (73,364 sq ft) was completed in 2008. This presents a unique opportunity for businesses seeking high-quality office space in a thriving Chattanooga location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $31,161,360
    6.5%
    $28,764,332
    7%
    $26,709,738
  • Comparable approach

    Method
    Valuation
    Relative Method
    $23,998,906
    Geo Method
    $28,738,580
  • Alternative Use

    Use
    Valuation
    Residential
    $35,667,772
    Hospitality
    $32,671,488
    Educational
    $27,182,294
    Medical
    $28,117,136
    Retail
    $42,283,568
2030 Hamilton Place Blvd, Chattanooga, Tennessee

Location Insight

City
Chattanooga
County
Hamilton
State
Tennessee
Latitude
35.0317
Longitude
-85.1621
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
$140,202
-
-
$6,266,560
-
$3,578,600
$12,087,800
$15,666,400

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