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Property profile & analytics
OFF-MARKET
Medical Office Space

1502 Tombras Ave Chattanooga, TN 37412

1,740 SF 0.28 ac lot
Property ID
US80-3454901
Property summary
AI-generated overview

This vacant, 1,740 square foot office building in East Ridge, Tennessee presents a compelling investment opportunity. Located at 1502 Tombras Ave, this two-story Class C property sits on a 0.28-acre lot and boasts a convenient C2 zoning designation. Completely renovated in 2024, both the interior and exterior have been updated, including the addition of a new privacy fence and expanded parking. The first floor offers four potential office spaces, a lobby, kitchen, bathroom, and storage. The second floor features one large office space, a sizable storage area (or smaller office), and a bathroom. Its prime location at the intersection of Tombras Ave and Ringgold Road, adjacent to similar office buildings, ensures high visibility and accessibility. The property's versatile layout makes it suitable for a variety of uses, including creative office, medical office, or traditional office spaces. The building's recent renovations and strategic location make it an attractive prospect for investors seeking a turnkey property in a thriving Chattanooga area market. APN: 169G E 043. Note: Square footage and acreage are based on publicly available information and are not guaranteed.

Property profile
Verified
Property type Medical Office Space
Total area 1,740 SF
Lot 0.28 ac (12,197 SF)
APN 169G E 043
UPID US80-3454901
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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