Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    830 Dodson Ave Chattanooga, TN 37406

    For Sale
    $550,000

    Value-add retail/office, 4 units, vacant.

    Property size:
    6,720 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional investment opportunity presents a 6,720 square foot, single-story commercial property located at 830 Dodson Avenue in Chattanooga, Tennessee. The property, built in 1991, is classified as a Class C shopping center and traditional office space, currently vacant and offering significant value-add potential. Comprising four individual units, each unit is approximately 1,680 square feet, and the entire property sits on a 0.64-acre lot zoned C2. The asking price is $550,000, translating to $81.85 per square foot and $137,500 per unit. The property boasts a projected 8% cap rate based on anticipated rents. Its prime location is just three blocks from CHI Memorial Hospital and CVS Pharmacy, and seven blocks from the Chattanooga Public Library, ensuring high visibility and accessibility. Ample parking is available. The property's proximity to a new Nippon paint manufacturer under construction further enhances its long-term growth prospects. This versatile commercial asset offers a compelling opportunity for investors seeking a strong return in a thriving Chattanooga neighborhood. The Hamilton County Assessor's Parcel Number (APN) is 146D E 001. An adjacent property at 824 Dodson Avenue is also available for purchase, presenting an opportunity for portfolio expansion.

    Property Features for 830 Dodson Ave

    General Information

    Property type
    Lifestyle centers
    Square Feet
    6,720 SF
    Class
    C
    Lot Size
    27,878 SF

    Building Details

    Year Built
    1991
    Buildings
    1
    Stories
    1
    Units
    4

    HighLights

    • 6,720 SF retail strip center with four 1,680 SF units.
    • Projected 8% cap rate based on anticipated rents.
    • 0.64‑acre lot in Chattanooga, TN.
    • Ample on‑site parking.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    JFT Beverage Center Family Restaurant Tipoff Sports Bar ... Bar J.T.Mc Daniel Clothing Store

    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
    -85.2632044
    Latitude
    35.0458368

    Nearby Similar for Sale

    • New
      $800,000
      3,436 SF

      Reimagined Quadplex with Development Potential

      Turnkey quadplex in Chattanooga with development opportunities.
      314 E View Dr, Chattanooga, TN 37404
      View Details
    • $1,990,000
      1,520 SF

      Chattanooga Six-Home Rental Portfolio

      Turnkey rental portfolio featuring six single-family homes, fully leased and cash-flowing.
      6215 Walden Ave, Chattanooga, TN 37421
      View Details
    • $1,700,000
      2,132 SF

      Chattanooga Multifamily Investment Opportunity

      Four homes in rapidly growing South Broad community.
      3307+ Aberdeen Row, Chattanooga, TN 37410
      View Details
    • $585,000
      2,218 SF

      Chattanooga Triplex in Prime Location

      Income-producing triplex in Chattanooga's desirable Northshore neighborhood.
      407 Colville St, Chattanooga, TN 37405
      View Details
    • $359,000
      1,919 SF

      Versatile Commercial Property, Chattanooga, TN

      High-visibility commercial property with office space and parking.
      1507 Maxwell Rd, Chattanooga, TN 37412
      View Details
    • $289,000
      Pending

      Chattanooga Duplex Near Highway 58

      Well-maintained duplex near restaurants and shopping with income potential.
      4607 Murray Lake Ln, Chattanooga, TN 37416
      View Details

    FAQs

    What type of property is this?
    Lifestyle center - Value-add retail/office, 4 units, vacant.
    Where is this lifestyle center located?
    The property is located at 830 Dodson Ave Chattanooga, TN.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: 6,720 SF retail strip center with four 1,680 SF units.; Projected 8% cap rate based on anticipated rents.; 0.64-acre lot in Chattanooga, TN.
    Request Owner's contact information
    830 Dodson Ave Chattanooga, TN 37406
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    830 Dodson Ave
    Chattanooga, TN 37406
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    830 Dodson Ave Chattanooga, TN 37406
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.