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Property profile & analytics
OFF-MARKET Estimated value $810,000
Office Spaces

1509 Smith St Chattanooga, TN 37412-3846

7,472 SF 0.52 ac lot Built 1980
Entity Owned ~ Est. High Equity
Property ID
US80-0226563
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Accel Plumbing Plumbing Service General Contractor
  • Gray & Associates Property Management Company
  • Noah's Roofing and Remodeling General Contractor
  • Best Exterminating Co Inc Garden Center
  • Heights Finance Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$810k
Owner & transaction history
Avyaya LLC
Avyaya LLC
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
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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