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    7351 Commons Blvd Chattanooga, TN 37421

    Sponsored
    For Sale
    $2,900,000

    Prime Chattanooga retail space, high traffic area.

    Property size:
    12,580 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 12,580-square-foot storefront retail property, located at 7351 Commons Blvd in Chattanooga, Tennessee, presents a rare investment opportunity. Built in 2001, this single-unit building boasts a desirable C-2 zoning designation, offering flexibility for a variety of retail uses. The property features 10' to 14' ceilings and one dock door, enhancing functionality and operational efficiency. Ample parking is provided with 35 spaces, ensuring convenient access for customers and employees. Situated in the heart of the Hamilton Place trade area, this location benefits from exceptional visibility and high traffic volume, with Gunbarrel Road boasting an average daily traffic count of 18,122 vehicles. The property's strategic location offers easy access to Interstate 75, further enhancing its accessibility and appeal. While deed restrictions are in place regarding permitted uses, this well-maintained property presents a strong investment opportunity for discerning buyers. The asking price is $2,900,000, translating to $230.52 per square foot. The property's APN is 149H E 009.02. This is a unique chance to acquire a substantial retail space in a thriving Chattanooga commercial district.

    Property Features for 7351 Commons Blvd

    General Information

    Property type
    Individual retail properties
    Square Feet
    12,580 SF

    Building Details

    Year Built
    2001
    Units
    1

    HighLights

    • 12,580 SF retail building at 7351 Commons Blvd, Chattanooga, TN.
    • Built in 2001, C‑2 zoning.
    • 10'-14' ceilings, one dock door, 35 parking spaces.
    • High visibility Hamilton Place location, Gunbarrel Road (ADT 18,122).
    • Easy I‑75 access.
    • $2,900,000 asking price ($230.52/SF), APN 149H E 009.02.
    Property Profile Location Intelligence

    Current Use by Public Records

    Vinyl Turtle Boutique

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Chattanooga
    County
    Hamilton
    State
    Tennessee
    Longitude
    -85.153517
    Latitude
    35.0379993

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    FAQs

    What type of property is this?
    Individual retail property - Prime Chattanooga retail space, high traffic area.
    Where is this individual retail property located?
    The property is located at 7351 Commons Blvd Chattanooga, TN.
    What is the asking price?
    The asking price for this property is $2,900,000.
    What are key features of this property?
    This property features: 12,580 SF retail building at 7351 Commons Blvd, Chattanooga, TN.; Built in 2001, C-2 zoning.; 10'-14' ceilings, one dock door, 35 parking spaces.
    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
    7351 Commons Blvd Chattanooga, TN 37421
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