6112 Shallowford RdChattanooga, TN 37421

Property Details for 6112 Shallowford Rd

Year built

1995

Lot size

1.94 AC

Property size (Sq ft)

15,000 SF

Zone code

C2

Property type

Office properties

APN

138O B 002.01

APU

138OB00201

Description

This exceptional 15,000-square-foot single-tenant office building in Chattanooga, Tennessee, presents a unique investment opportunity. Situated on a 1.94-acre lot at 6112 Shallowford Road, near Hwy 153 and I-75, this one-story, 1995-built property boasts a prime location within a thriving commercial hub. The building's zoning is Commercial (APN: 138O_B_002.01). Currently occupied by a single tenant, the space offers a flexible layout. The perimeter features several individual offices, while a central open area currently houses cubicles. This adaptable design allows for easy division into two large spaces, accommodating diverse business needs. The property is conveniently located near medical offices, financial institutions, restaurants, and hotels, offering employees and clients a wealth of amenities. While currently configured for a fieldwork office, the space is easily modified to suit various uses, including traditional office, executive office, or medical office settings. Note that showings are best scheduled after 5 PM EST due to current occupancy. The property has no elevators.

• CAP approach

  CAP return

  Valuation

  6%

  $3,172,566

  6.5%

  $2,928,522

  7%

  $2,719,342

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,443,350

  Geo Method

  $2,925,900

• Alternative Use

  Use

  Valuation

  Residential

  $3,631,367

  Hospitality

  $3,326,313

  Educational

  $2,767,453

  Medical

  $2,862,630

  Retail

  $4,304,927

Location Insight

City

Chattanooga

County

Hamilton

State

Tennessee

Latitude

35.0522

Longitude

-85.182

CBSA code

16860

CBSA name

CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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