6413 Lee HwyChattanooga, TN 37421

Property Details for 6413 Lee Hwy

Year built

1986

Lot size

3.63 AC

Property size (Sq ft)

33,635 SF

Property type

Industrial properties

Property subtype

Industrial live-work properties

APN

148K A 003.01

APU

148KA00301

Description

This exceptional 33,635 square foot retail property, located at 6413 Lee Highway in Chattanooga, Tennessee, presents a unique investment opportunity. The single-story building, constructed in 1986 and renovated in 2015, boasts a prime location within Hamilton County, zoned C-2. Currently, there is 1,780 square feet of vacant space available for lease, ideal for a variety of commercial or office uses. The property sits on a substantial 6.607-acre lot, offering ample space for parking and potential expansion. The building is classified as Class C and features multiple tenancies, providing flexibility for diverse business needs. The address is easily accessible from Lee Highway, ensuring high visibility and convenient access for customers and employees. With its strategic location, substantial size, and recent renovations, this property is well-suited for businesses seeking a strong foothold in the Chattanooga market. The property's 1986 construction date and 2015 renovation ensure a blend of established infrastructure and modern amenities. The ample lot size provides significant potential for future development or expansion. This is an excellent opportunity to secure a well-located and versatile commercial space in a thriving Tennessee community. The zip code is 37421.

• CAP approach

  CAP return

  Valuation

  6%

  $8,821,297

  6.5%

  $8,142,736

  7%

  $7,561,112

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,492,147

  Geo Method

  $10,169,307

• Alternative Use

  Use

  Valuation

  Residential

  $8,142,736

  Hospitality

  $7,458,702

  Educational

  $6,205,552

  Medical

  $6,418,971

  Retail

  $9,653,082

Location Insight

City

Chattanooga

County

Hamilton

State

Tennessee

Latitude

35.0356

Longitude

-85.1815

CBSA code

16860

CBSA name

CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].