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    1304-1308 Mccallie Ave Chattanooga, TN 37404

    For Sale
    $6,500,000

    100% occupied, net-leased investment property with long-term leases.

    Property size:
    21,378 SF

    Property Features for 1304-1308 Mccallie Ave

    General Information

    Size
    21,378 SF

    Source: J. Matthew McGauley Agent J. Matthew McGauley

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Net-Leased Investment Opportunity

    This is a 100% occupied, net-leased investment property featuring four tenants under long-term leases with annual escalations. The building underwent a complete redevelopment between 2018 and 2022.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chattanooga
    County
    Hamilton
    State
    Tennessee
    Longitude
    -85.2820998
    Latitude
    35.0383775

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    FAQs

    What type of property is this?
    Office building - 100% occupied, net-leased investment property with long-term leases.
    Where is this office building located?
    The property is located at 1304-1308 Mccallie Ave Chattanooga, TN.
    What is the asking price?
    The asking price for this property is $6,500,000.
    What are key features of this property?
    This property features: - 100% Occupied, Net-Leased Investment; - Long-term leases with annual escalations; - Building completely gutted and redeveloped (2018-2022)
    (423) 400-0723
    Request Owner's contact information
    1304-1308 Mccallie Ave Chattanooga, TN 37404
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1304-1308 Mccallie Ave Chattanooga, TN 37404
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