Vacant Retail Building in
910 Dodson Ave Chattanooga, TN 37406
910 Dodson Ave, Chattanooga, TN, 37406
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For Sale
Contact for pricing
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 Market802
Property Features for 910 Dodson Ave
General Information
- Standard status
- Active
- Size
- 1,453 SF
- Lot size
- 0.18 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1940
Listing Agency
EXP Commercial
(423) 528-8555
Listed by
Vu Nguyen · License #371769
Source
Crexi
Added: May 9, 2024 Checked: Jul 19 at 6:28 am
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
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.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $19.2k | $13.20 |
| − Vacancy | −$1.2k | −$0.79 |
| EGI | $18.0k | $12.41 |
| − OpEx | −$4.5k | −$3.10 |
| NOI | $13.5k | $9.31 |
1,453 SF · lease $13.20/SF/yr · vacancy 6.00% · expense 25.00%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Faye's Quick Stop ...
Grocery & Convenience Store
Similar For Sale Nearby
Similar Off Market Nearby
- Triple T's Market — 2801 Dodson Ave, Chattanooga, TN 37406
- IGA — 2300 Dodson Ave, Chattanooga, TN 37406
FAQs
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.
