440 Holtzclaw AveChattanooga, TN 37404

Property Details for 440 Holtzclaw Ave

Year built

1985

Lot size

2.07 AC

Property size (Sq ft)

12,708 SF

Zone code

R4

Property type

Healthcare properties

Property subtype

Medical offices

APN

146B P 002

APU

146BP002

Description

This exceptional medical office building, located at 440 N Holtzclaw Ave in Chattanooga, Tennessee, offers a fantastic leasing opportunity. The property boasts a total of 12,535 square feet, situated on a spacious 2.07-acre lot. Built in 1985, the building is zoned R4 and provides ample parking with 40 spaces available. Multiple tenancy options exist, with spaces ranging from a minimum of 2,126 square feet to a maximum contiguous space of 3,288 square feet. This presents a unique opportunity for medical practices seeking flexible and adaptable space to meet their specific needs. The building's location within Chattanooga's medical district offers unparalleled convenience, situated within two miles of the three major hospital systems: Erlanger, CHI Memorial, and Parkridge. This prime location ensures high visibility and easy access for patients and staff. The property's features make it an ideal setting for a variety of medical practices seeking a well-established and conveniently located office space in a thriving healthcare hub. Hamilton County location and 37404 zip code offer easy access to major transportation routes. Inquire today to learn more about this exceptional leasing opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $2,687,798

  6.5%

  $2,481,044

  7%

  $2,303,826

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,070,006

  Geo Method

  $2,478,822

• Alternative Use

  Use

  Valuation

  Residential

  $3,076,494

  Hospitality

  $2,818,052

  Educational

  $2,344,586

  Medical

  $2,425,220

  Retail

  $3,647,134

Location Insight

City

Chattanooga

County

Hamilton

State

Tennessee

Latitude

35.0447

Longitude

-85.2787

CBSA code

16860

CBSA name

CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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