3206 Mountain View DrChattanooga, TN 37419

Property Details for 3206 Mountain View Dr

Year built

1995

Lot size

0.80 AC

Property size (Sq ft)

800 SF

Zone code

C2

Property type

Retail space

APN

144N B 018

APU

144NB018

Description

This exceptional 800 square foot retail storefront is situated on a 0.55-acre lot at 3206 Mountain View Drive in Chattanooga, Tennessee, zip code 37419. Built in 1995, this single-story building boasts 35 parking spaces, providing ample convenience for customers. Currently configured as a car dealership, the property's versatility allows for a range of commercial uses, including but not limited to storefront retail, auto or tractor dealerships, firewood or fireworks retail, and vehicle rentals. Its strategic location offers unparalleled visibility from Highway 24 and easy access via Exit 175 at Brown's Ferry Road. This high-traffic area ensures significant exposure for businesses seeking a prominent presence in Chattanooga. The property's zoning is designated as "X," and its APN is 144N-B-018. The spacious lot offers flexibility for various business needs, accommodating ample space for inventory, customer parking, and potential future expansion. This location provides convenient access to downtown Chattanooga, further enhancing its appeal to businesses seeking both high visibility and regional accessibility. This is a rare opportunity to acquire a highly visible and conveniently located commercial property in a thriving Chattanooga market.

• CAP approach

  CAP return

  Valuation

  6%

  $248,729

  6.5%

  $229,596

  7%

  $213,196

• Comparable approach

  Method

  Valuation

  Relative Method

  $328,386

  Geo Method

  $393,241

• Alternative Use

  Use

  Valuation

  Residential

  $193,673

  Hospitality

  $177,403

  Educational

  $147,598

  Medical

  $152,674

  Retail

  $229,596

Location Insight

City

Chattanooga

County

Hamilton

State

Tennessee

Latitude

35.0285

Longitude

-85.3638

CBSA code

16860

CBSA name

CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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