6725 Ringgold RdEast Ridge, TN 37412

Property Details for 6725 Ringgold Rd

Year built

1974

Lot size

7.55 AC

Property size (Sq ft)

35,744 SF

Zone code

C2

Property type

Grocery and convenience stores

APN

170I B 002

APU

170IB002

Description

This exceptional 93,472 square foot retail center, situated in the thriving East Ridge submarket of Chattanooga, Tennessee, presents a compelling investment opportunity. Built in 1974, the single-story property boasts 492 parking spaces, ensuring ample convenience for customers. Located at 6725 Ringgold Rd, East Ridge, TN 37412, this center enjoys high visibility and accessibility, with convenient access to I-75 and significant road frontage on Ringgold Road. The property sits on 18.07 acres of land in Hamilton County and currently features multiple tenants, including the Mercantile at the Ridge. Available spaces range from 1,200 to 18,000 square feet, offering flexibility for a variety of retail, office, or grocery businesses. Its proximity to Camp Jordan and a rapidly growing area makes this a key location for businesses seeking high visibility and strong customer traffic. This is an excellent opportunity to capitalize on the robust growth and prime location of this established retail center. The property's size, parking, and location combine to create a highly desirable investment prospect.

• CAP approach

  CAP return

  Valuation

  6%

  $11,113,217

  6.5%

  $10,258,355

  7%

  $9,525,615

• Comparable approach

  Method

  Valuation

  Relative Method

  $14,672,295

  Geo Method

  $17,570,006

• Alternative Use

  Use

  Valuation

  Residential

  $8,653,306

  Hospitality

  $7,926,382

  Educational

  $6,594,656

  Medical

  $6,821,457

  Retail

  $10,258,355

Location Insight

City

Chattanooga

County

Hamilton

State

Tennessee

Latitude

34.9913

Longitude

-85.1975

CBSA code

16860

CBSA name

CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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