6221 Shallowford RdChattanooga, TN 37421

  • Office properties
  • 12,720 SF
For Lease
$17.50/SF/YR View listing

Property Details for 6221 Shallowford Rd

Year built
2007
Lot size
1.86 AC
Property size (Sq ft)
12,720 SF
Zone code
R4
Property type
Office properties
APN
138N A 022
APU
138NA022

Description

This exceptional Class A executive office suite, located at 6221 Shallowford Rd in Chattanooga, Tennessee, 37421, offers 5,160 square feet of immediately available space. Part of a single-story, 12,740 square foot building constructed in 2006, this property boasts a prime location. The suite is situated within a four-suite building, providing a professional and efficient work environment. The minimum divisible space is 5,160 square feet, making it ideal for a single large tenant or a company requiring significant contiguous space. The maximum contiguous space available is also 5,160 square feet. Property taxes are $4.89 per square foot. This is a multi-tenant building, offering a blend of privacy and community. The address is easily accessible and benefits from excellent visibility. This turnkey solution provides a sophisticated and functional workspace, ready for immediate occupancy. The property's modern design and high-quality construction ensure a comfortable and productive environment for your business. Don't miss this opportunity to secure a premier office space in a thriving Chattanooga location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,690,336
    6.5%
    $2,483,386
    7%
    $2,306,002
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,071,960
    Geo Method
    $2,481,163
  • Alternative Use

    Use
    Valuation
    Residential
    $3,079,399
    Hospitality
    $2,820,713
    Educational
    $2,346,800
    Medical
    $2,427,510
    Retail
    $3,650,578

Location Insight

City
Chattanooga
County
Hamilton
State
Tennessee
Latitude
35.0523
Longitude
-85.1774
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
$17,536
-
-
$783,800
-
$648,200
$1,311,300
$1,959,500

FAQs

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