2256 Encompass Dr Chattanooga, TN 37421
This exceptional 17,000-square-foot creative office building in Chattanooga, Tennessee, is ideally situated on a 1.17-acre lot at 2256 Encompass Drive, 37421. Zoned M-1, the property boasts a strategic location offering convenient access to Highway 153, I-75, Hamilton Place Mall, and Chattanooga Airport. The building comprises approximately 7,426 square feet on the main floor, 6,660 square feet on the second floor, and a 3,364-square-foot warehouse area. The asking price is $1,725,000, translating to $101.47 per square foot. Interior features include a large breakroom, a training room, a dedicated server room, four restrooms, a conference room, and ample storage space accessible via on-grade doors. The property also includes a cube farm and a maintenance/storage/shop area. Its prime location at the intersection of Shallowford Road and Highway 153 provides easy access to the airport, USPS, UPS, and other freight carriers. This well-maintained office building presents a compelling opportunity for businesses seeking a functional and conveniently located space. The price has recently been reduced.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.