6105 Ringgold Rd Chattanooga, TN 37412
- Drive through restaurants
- 2,393 SF
- 1.03 lot acres
Current Use by Public Records
- Popeyes Louisiana Kitchen / Cajun Restaurant / Fast Food Restaurant
Property Details for 6105 Ringgold Rd
- Year built
- 2014
- Lot size
- 1.03 lot acres
- Property size
- 2,393 SF
- Zone code
- C2
- Property type
- Drive through restaurants
- APN
- 169L F 043
- APU
- 169LF043
Description
This 2,380 sq ft, free-standing, second-generation QSR restaurant in Chattanooga, TN is available for $2,075,000. Built in 2015, this single-story building sits on a 0.88-acre lot with a drive-thru, pylon signage, and ample parking. Located on the main corridor of Ringgold Road at its intersection with Spring Creek Road, it benefits from excellent visibility and high traffic counts (Ringgold Road: 26,664 VPD
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,930,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,975,000
- 6.5%
- $1,965,000
- 7%
- $1,850,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,055,000
- Geo Method
- $1,900,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,105,000
- Retail
- $2,155,000
- Mixed-Use
- $2,085,000
- Hospitality
- $2,135,000
- Educational
- $1,850,000
- Residential Income
- $2,195,000
- Energy
- $1,700,000
- Income-Based Land
- $1,650,000
- Food Service
- $1,990,000
Location Insight
- Map
- Local Demand
- City
- Chattanooga
- County
- Hamilton
- State
- Tennessee
- Longitude
- -85.2148
- Latitude
- 34.9905
- CBSA code
- 16860
- CBSA name
- CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA