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Property profile & analytics
OFF-MARKET Estimated value $535,000
Medical Office Space

4747 Hwy 58 Chattanooga, TN 37416-2231

1,886 SF 0.93 ac lot Built 1957
Individually Owned 5-yr Hold ~ Est. High Equity
Property ID
US80-0736361
Property summary
AI-generated overview

This exceptional Chattanooga, TN retail property offers a compelling investment opportunity. The property consists of three tenants: a Family Dollar, an urgent care facility, and a luxury beauty supply store, occupying a combined 26,210 square feet on a 2.39-acre lot at 4747 and 4749 Hwy 58, zip code 37416. Currently operating at 100% occupancy, this multi-tenant retail center generates a substantial net operating income (NOI) of $204,466, representing a 7.43% cap rate. The asking price is $2,750,000, translating to $104.92 per square foot. The property benefits from a prime location on a major thoroughfare connecting Georgia and Tennessee, ensuring high visibility and accessibility. Surrounded by residential areas and other established businesses, this investment presents a strong potential for continued growth and return. The versatile space is ideal for a variety of retail ventures, making it an attractive option for savvy investors seeking a stable, high-performing asset in a thriving market. This is a net lease investment, minimizing management responsibilities. The property's strategic location within a densely populated area, combined with its strong tenant mix, makes it a highly desirable investment opportunity.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1957
Total area 1,886 SF
Lot 0.93 ac (40,502 SF)
Zoning code C2
APN 129B D 007
UPID US80-0736361
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$325k
Comparable Approach Comparable
$704k
Blend (final) Blend
$535k
Owner & transaction history
Amy Wang · 5 yrs held
Amy Wang
since 2021
Last sale
$450,000
6 recorded transactions
2021
$450,000
2020
Price N/A
2017
$400,000
2008
Price N/A
1997
$280,000
1969
Price N/A
Zoning & alternative use
C2 · Chattanooga, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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