Property profile

1509 Smith St Chattanooga, TN 37412

OFF-MARKET
Office Spaces
Property ID
US80-0226563
7,472 SF 0.52 ac lot Built 1980
Entity Owned ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional East Ridge, TN office building, located at 1509 S Smith St, offers 7,000 square feet of versatile space, ideal for businesses seeking a blend of executive and creative office environments. The property, a two-story Class B building constructed in 1987, sits on a half-acre lot and features 40 parking spaces. Multiple tenancy options are available, with spaces ranging from a minimum of 140 square feet to a maximum contiguous space of 1,400 square feet. Currently, 2,125 square feet are vacant and ready for immediate occupancy. The building boasts convenient access to I-75 and I-24, placing your business within easy reach of major transportation routes. Its location near Ringgold Road also provides proximity to a variety of shops and restaurants, enhancing employee convenience and satisfaction. Second-floor private offices offer natural light, creating a productive and pleasant work atmosphere. Shared amenities include a break room and conference room, simplifying operations and reducing overhead. Utilities and Wi-Fi are included, further streamlining your business expenses. This is a fantastic opportunity to secure a well-located, well-maintained office space in a thriving area, minimizing the burden of office management and maximizing your business potential. The property is situated in Hamilton County, TN, zip code 37412.

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1980
Total area 7,472 SF
Lot 0.52 ac (22,500 SF)
Zoning code C2
APN 169L J 005
UPID US80-0226563

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Plumbing Service General Contractor
  • Property Management Company
  • General Contractor
  • Garden Center
  • Loan Service

Location

1509 Smith St Chattanooga, TN 37412-3846
Chattanooga metro Census 11600 CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$550k

Owner & transaction history

since 2026
Last sale
$1.1M
6 recorded transactions
2026
$1.1M
2020
Price N/A
2019
$380,000
2018
Price N/A
2017
Price N/A
1969
Price N/A

Zoning & alternative use

C2 · Chattanooga, TN

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1509 Smith St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message