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    2400 Mccallie Ave Chattanooga, TN 37404

    For Sale
    $1,012,000

    Prime Medical Office Space, 4,048 SF

    Property size:
    4,048 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional mixed-use commercial property, located at 2400 McCallie Avenue in Chattanooga, Tennessee, presents a unique investment opportunity. The 4,048 square foot building, built in 1935, sits on a level 0.33-acre corner lot boasting 100 feet of road frontage on McCallie Avenue and 134 feet on South Watkins Street. Its C-2 zoning allows for diverse uses, making it particularly well-suited for medical practices, given its prime location directly across from Parkridge Hospital & Center for Sports Medicine and Orthopaedics. Ample parking is available on-site. The property's convenient location offers excellent demographics and high traffic counts. The asking price is $1,012,000, translating to $250 per square foot. This all-on-one-level building offers significant potential for a variety of businesses seeking a high-visibility location in a thriving Chattanooga neighborhood. The property is currently for sale by owner. Don't miss this chance to acquire a well-situated commercial property in a high-demand area. This property is zoned C-2 and offers a rare combination of size, location, and accessibility. The building's single-level layout enhances functionality and accessibility for a wide range of potential tenants.

    Property Features for 2400 Mccallie Ave

    General Information

    Property type
    Medical offices
    Square Feet
    4,048 SF

    Building Details

    Year Built
    1935

    HighLights

    • $1,012,000 asking price for a 4,048 square foot mixed‑use building.
    • Located at 2400 McCallie Ave, Chattanooga, TN 37404.
    • Features executive, medical, and traditional office space.
    • Situated on a 0.33‑acre corner lot with ample parking and high visibility.
    • C‑2 zoning.
    • Built in 1935.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Alliance Physical Therapy Physical Therapy Clinic Dhatri Joshipura Physical Therapist

    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
    -85.2671945
    Latitude
    35.0329058

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    FAQs

    What type of property is this?
    Medical office - Prime Medical Office Space, 4,048 SF
    Where is this medical office located?
    The property is located at 2400 Mccallie Ave Chattanooga, TN.
    What is the asking price?
    The asking price for this property is $1,012,000.
    What are key features of this property?
    This property features: $1,012,000 asking price for a 4,048 square foot mixed-use building.; Located at 2400 McCallie Ave, Chattanooga, TN 37404.; Features executive, medical, and traditional office space.
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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
    2400 Mccallie Ave Chattanooga, TN 37404
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