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Property profile

1949 Gunbarrel Rd Chattanooga, TN 37421

FOR LEASE
Medical Office Space
Property ID
US80-1583536
46,724 SF 2.44 ac lot Built 1993
Last sale Feb 2022 · $27,600,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The Atrium is a redeveloped medical office building located on Gunbarrel Rd in Chattanooga, Tennessee. It is configured for healthcare uses and has tenant occupancy by multiple medical and related service providers, including diagnostic services, primary care, specialty care, imaging and lab services, surgery center operations, sleep services, orthopedic and sports medicine practices, rehabilitation services, ophthalmology, breast care, plastic surgery, a heart institute, and a medical spa.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$94k
Tax billed · 2023
Assessed value$4.19M
Effective rate2.24%

Value estimate

· Nov 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

What actually traded nearby?
$243/SF
ZIP average, outlier-cleaned · 29 recorded sales of this use type
Observed band · Q1–Q3$138 – $382

Cap rate analysis

How does the asset earn?
118,460.00%
$36k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C2
JurisdictionHAMILTON

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply14.7
Parking Facility12.9
Electrical Service11.8

Location

1949 Gunbarrel Rd Chattanooga, TN 37421
County assessor Recorded deeds · 8 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3328 Jenkins, Chattanooga, TN 37421-1296 $750,000 Apr 2025 13,743 SF
7268 Jarnigan, Chattanooga, TN 37421-3096 $12,800,000 Dec 2024 50,186 SF
7425 Ziegler, Chattanooga, TN 37421-4178 $2,200,000 May 2022 12,600 SF
7450 Tyner, Chattanooga, TN 37421-1078 $1,375,000 Apr 2022 38,242 SF
7305 Jarnigan, Chattanooga, TN 37421-4874 $26,600,000 Mar 2022 66,390 SF
2118 Stein, Chattanooga, TN 37421-1691 $3,100,000 Mar 2022 9,051 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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