6815 Shallowford RdChattanooga, TN 37421

Property Details for 6815 Shallowford Rd

Year built

1976

Lot size

2.70 AC

Property size (Sq ft)

38,806 SF

Zone code

C2

Property type

Data centers and call centers

APN

148D E 008

APU

148DE008

Description

This exceptional 47,222-square-foot mixed-use property, situated on a 3.75-acre lot in Chattanooga, Tennessee, presents a unique investment opportunity. The building, constructed in 1976 and classified as Class B, boasts approximately 32,000 square feet of office space and 15,000 square feet of warehouse space, making it ideal for a variety of businesses. The warehouse features one loading dock with a dock-high door and an additional roll-up door, ensuring efficient loading and unloading. The property benefits from a strategic location near Exit 5 of I-75, within a thriving commercial area, and offers over 400 feet of road frontage on Shallowford Road. A secondary access point and drive on Hickory Valley Road provides convenient alternative access. The property is zoned C-2 and includes a billboard lot under perpetual easement (generating no income). The seller will vacate the premises upon closing. The asking price is $3,975,000, translating to $84.18 per square foot. This two-story building is a single unit and sits on APN 148D E 008, 007. This property is ready for its next chapter.

• CAP approach

  CAP return

  Valuation

  6%

  $8,207,638

  6.5%

  $7,576,282

  7%

  $7,035,118

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,321,108

  Geo Method

  $7,569,498

• Alternative Use

  Use

  Valuation

  Residential

  $9,394,589

  Hospitality

  $8,605,393

  Educational

  $7,159,586

  Medical

  $7,405,815

  Retail

  $11,137,134

Location Insight

City

Chattanooga

County

Hamilton

State

Tennessee

Latitude

35.0466

Longitude

-85.165

CBSA code

16860

CBSA name

CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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