6815 Shallowford RdChattanooga, TN 37421

  • Office properties
  • 38,806 SF
For Sale
$3,975,000 View listing

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
Office properties
Property subtype
Other 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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • 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
6815 Shallowford Rd, Chattanooga, Tennessee

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$8,122
-
-
$363,040
-
$470,400
$437,200
$907,600

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].