2108 E 3Rd St Chattanooga, TN 37404
Property Lookup
Property profile & analytics
2108 E 3Rd St Chattanooga, TN 37404
- Medical Office Space
- 49,948 SF
- 2.38 lot acres
Property ID
US80-1363473
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.
Location Intelligence
Current Use by Public Records
- Surgical specialties / Medical Clinic
- USA Vein Center / Medical Clinic / Hospital
- Dr. W T. Cockerham, MD / Physician
- Stephen H. Greer, MD / Medical Clinic / Hospital
- Casey Zawadzki / Physician
Property Details for 2108 E 3Rd St
- Year built
- 2005
- Lot size
- 2.38 lot acres
- Property size
- 49,948 SF
- Zone code
- C2
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 146F W 002
- APU
- 146FW002
Description
This exceptional 7,200-square-foot medical office building, located at 2108 E 3rd Street in Chattanooga, Tennessee, presents a unique investment opportunity. Constructed in 2005 and renovated in 2016, the property boasts a single-tenant occupancy, simplifying management and maximizing rental income. The building features a thoughtfully designed layout, perfectly suited for medical practices, including private exam rooms and dedicated nurses' stations. Situated within a thriving medical core, this property enjoys unparalleled convenience and accessibility, with close proximity to major healthcare facilities such as Erlanger, CHI Memorial, and Parkridge Hospital. The single-story building sits on a 1-building lot, offering ample space and easy navigation. The property's address is 2108 E 3rd St, Chattanooga, TN 37404, and its Hamilton County location (APN: 146F W 002) provides excellent visibility and access to key transportation routes. This turnkey medical office building offers a rare combination of prime location, modern amenities, and efficient design, making it an ideal acquisition for discerning investors seeking a stable and high-performing asset in a rapidly growing healthcare market. The property's single-tenant structure minimizes vacancy risk and simplifies operational management. This is a remarkable opportunity to acquire a well-maintained, strategically located medical office building in a highly desirable area of Chattanooga.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $11,561,000
- AI Estimate
- $11,561,000
Market price range: $6.87M - $18.6MMarket price range: $6.87M - $18.6M -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $12,405,000 Current use
- RESTAURANT
- $17,410,000 Change: +40% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $10,605,000 Change: -15% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Chattanooga
- County
- Hamilton
- State
- Tennessee
- Longitude
- -85.2688
- Latitude
- 35.0392
- 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
$79,036
$0.00
$0.00
$3,532,640
-
$1,061,600
$7,770,000
$8,831,600
