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    1481 Scruggs Rd Ringgold, GA 30736
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    Property profile & analytics

    1481 Scruggs Rd, Ringgold, GA 30736

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    • Commercial real estate
    • 1,231 SF
    • 19.15 lot acres
    Off-Market
    Last Sale Jun 18, 2024
    Property ID
    US22-1180919
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Boyd's Speedway / Racecourse

    Property Details for 1481 Scruggs Rd

    Year built
    1953
    Construction
    WOOD
    Lot size
    19.15 lot acres
    Zone code
    C-1
    Property type
    Commercial real estate
    APN
    10B04100A
    APU
    10B04100A

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 30, 2020 $1,500,000 D & M Racing Properties LLC Harvey Motor Sports Realty LLC Quit Claim Deed · related —
    Dec 30, 2020 — Russell Speedway LLC D & M Racing Properties LLC Warranty Deed · related $1.5M · Britt H Brown
    Feb 14, 2014 $1,125,000 D & M Racing Properties LLC Harvey Motor Sports Realty LLC Grant Deed $650k · Motor Harvey

    Description

    This exceptional 4,000 square foot restaurant space, formerly Boyd's Speedway concessions, presents a unique opportunity in Ringgold, GA. Located within one mile of I-75 Exit 1, on the Tennessee/Georgia line, this property boasts a substantial 24,000 square foot lot with ample parking for 30 vehicles. The building features a commercial kitchen and grill, equipped with newer fire suppression devices, along with two updated ADA-compliant restrooms. The outdoor space is a key asset, including a covered seating area with metal picnic tables and additional uncovered areas perfect for expanding seating or adding games. The property also includes a unique outdoor bar and ample covered seating, creating a versatile space ideal for a specialty bar, restaurant, or lunch spot. The property is zoned commercial and is ready for permitting, making it a truly turnkey operation. Utilities are the responsibility of the tenant. Electric power is available. The property is conveniently located on Scruggs Rd, Ringgold, GA 30736, near US 41. This is a quiet and distinctive location with high potential. More photos are forthcoming.


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    Location Insight

    • Map
    • Local Demand
    City
    Ringgold
    County
    Catoosa
    State
    Georgia
    Longitude
    -85.1941
    Latitude
    34.9849
    CBSA code
    16860
    CBSA name
    CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $8,397
    $241,800
    $133,252
    $375,052
    -
    $604,500
    $333,130
    $937,630
    More about this property
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