Vacant Retail Building in
For Sale
$325,000
910 Dodson Ave, Chattanooga, TN 37406
1,453 SF vacant retail building, ideal for owner-user or investor.
Property Size1,453 SF
Lot Size0.18 Acres
Price / SF$223.68
Days on Market483
Property Features for 910 Dodson Ave
General Information
Standard status
Active
Size
1,453 SF
Lot size
0.18 Acres
Zoning
R2
Listing Agency:
eXp Commercial | Tennessee
Listed By:
Justin Evinger · License #371068
(423) 999-7185
Source:
Expcommercial
Added: Jun 23, 2025
Changed: Oct 16
Last Checked: Oct 16 at 5:37AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Commercial | Tennessee
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Investment Insights
Based on property information with market context.
Located in Chattanooga, TN, the property at 910 Dodson Avenue presents an opportunity for an owner-user or investor. This vacant retail building, formerly a convenience store, offers 1,453 SF of space on an 8,002 SF lot. Situated at the corner of Dodson and Milne Street, the property represents a value-add prospect. The open interior layout includes a service counter and storage space. Potential uses include a convenience store or restaurant. The location is just blocks away from CHI Memorial Hospital and CVS Pharmacy. Chattanooga's economic growth makes this property suitable for success.
Key Highlights
- Value‑add opportunity to revitalize a 1,453 SF vacant retail building.
- Strategic corner‑lot location near CHI Memorial Hospital and CVS Pharmacy.
- Large 8,002 SF lot size.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,522
Cap Rate
4.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$270,440
$270.4K
Cap Rate 7%
$193,171
$193.2K
Cap Rate 9%
$150,244
$150.2K
Market Conditions
NOI Build-Up for 1,453 SF
Gross rent
$19.2K $13.20/SF
− Vacancy
−$1.2K −$0.79/SF
EGI
$18.0K $12.41/SF
− OpEx
−$4.5K −$3.10/SF
NOI
$13.5K $9.31/SF
Area
Chattanooga, TN
Vacancy
6.00%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$270,440
Cap Rate 7%
$193,171
Cap Rate 9%
$150,244
Alternative Uses
Best Use
Specialty Retail
$193.2K
$169.0K – $225.4K
NOI $13,522 @ 7.0% cap · market cap 4.16%
Second Best
Retail
$160.4K
$140.4K – $187.2K
NOI $11,229 @ 7.0% cap · market cap 3.46%
Theoretical Best
Office A
$320.9K
$280.8K – $374.4K
NOI $22,463 @ 7.0% cap · market cap 6.91%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,117
Businesses Nearby
8k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Shell
Shops & Services
8,214 visits/mo
0.5 miles
Demographics for 37406, TN
12,422
Population
5,894
Households
2.1
Avg Household Size
36
Median Age
16%
College-Educated
85%
High-School Grad
12.1 sq mi
ZIP Area
1,027
Density / Sq Mi
$42,993
Median Household Income
$31,076
Median Earnings
$944
Median Rent
$150,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - 1,453 SF vacant retail building, ideal for owner-user or investor.
Where is this grocery and convenience store located?
The property is located at 910 Dodson Ave Chattanooga, TN.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Value‑add opportunity to revitalize a 1,453 SF vacant retail building.; Strategic corner‑lot location near CHI Memorial Hospital and CVS Pharmacy.; Large 8,002 SF lot size.
