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    5948 Howe Ln Ooltewah, TN 37363

    For Sale
    $3,500,000

    Prime Ooltewah location, income-producing, two buildings.

    Property size:
    4,796 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional mixed-use property, located at 5948 Howe Ln in Ooltewah, Tennessee, presents a compelling investment opportunity. Comprising two buildings constructed in 1988 and 2016, this property offers a combined 4,796 to 5,124 square feet of space, zoned for commercial use. The single-story buildings are ideally suited for a variety of uses, encompassing both office and retail spaces, catering to diverse business needs. Situated in Hamilton County, within the 37363 zip code, this property benefits from a prime location in Ooltewah, known for its excellent demographics and strong growth potential. The asking price is $3,500,000. This income-producing investment is positioned within a thriving area, offering a secure and long-term investment prospect. The property's strategic location within Chattanooga, TN, a city experiencing significant growth, further enhances its investment appeal. Detailed financial information and further specifics are available upon request. This is a rare opportunity to acquire a well-situated, versatile commercial property in a high-growth market.

    Property Features for 5948 Howe Ln

    General Information

    Property type
    Mixed-use properties
    Square Feet
    4,796 SF

    Building Details

    Buildings
    2
    Stories
    1

    HighLights

    • $3,500,000 asking price.
    • Mixed‑use property with office and retail space.
    • 4,796 - 5,124 square feet.
    • Two one‑story buildings built in 1988 and 2016.
    • Commercially zoned.
    • For sale by owner.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Dental Office Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Ooltewah
    County
    Hamilton
    State
    Tennessee
    Longitude
    -85.061015293324
    Latitude
    35.083492504535

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    FAQs

    What type of property is this?
    Mixed-use property - Prime Ooltewah location, income-producing, two buildings.
    Where is this mixed-use property located?
    The property is located at 5948 Howe Ln Ooltewah, TN.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: $3,500,000 asking price.; Mixed-use property with office and retail space.; 4,796 - 5,124 square feet.
    (423) 499-9999
    Request Owner's contact information
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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
    5948 Howe Ln Ooltewah, TN 37363
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