6125 Heritage Park DrChattanooga, TN 37416

Property Details for 6125 Heritage Park Dr

Year built

1994

Lot size

1.30 AC

Property size (Sq ft)

9,518 SF

Zone code

O1

Property type

Office properties

APN

129P B 012

APU

129PB012

Description

This exceptional 3,084 square foot freestanding office building presents a fantastic opportunity in the desirable Bonny Oaks Office & Industrial Park. Located in Hamilton County, this Class B property offers convenient access to Highway 153, ensuring seamless commutes for employees and clients. The building boasts a well-finished interior featuring spacious offices and a large open area, adaptable for various uses such as cubicles or storage/warehouse space. The flexibility of this layout caters to a wide range of business needs. Two convenient on-grade roll-up doors at the rear enhance functionality and loading/unloading efficiency. The entire building is climate-controlled by a central HVAC system, ensuring year-round comfort. High visibility is guaranteed with the availability of monument signage at the front of the building. This single-tenant occupancy provides a unique opportunity for a business seeking a dedicated and well-appointed space in a thriving commercial park. The property's strategic location and versatile design make it an ideal choice for companies seeking a functional and prominent presence in the area. This is a rare opportunity to acquire a well-maintained, single-tenant office building in a highly sought-after location.

• CAP approach

  CAP return

  Valuation

  6%

  $2,013,098

  6.5%

  $1,858,245

  7%

  $1,725,513

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,550,387

  Geo Method

  $1,856,581

• Alternative Use

  Use

  Valuation

  Residential

  $2,304,224

  Hospitality

  $2,110,656

  Educational

  $1,756,041

  Medical

  $1,816,434

  Retail

  $2,731,620

Location Insight

City

Chattanooga

County

Hamilton

State

Tennessee

Latitude

35.0728

Longitude

-85.1854

CBSA code

16860

CBSA name

CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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