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Property profile & analytics

2200 Hamilton Place Blvd Chattanooga, TN 37421

  • Retail space
  • 4,875 SF
  • 0.87 lot acres
For Lease
Last Sale
Nov 14, 2024
$990,000
Value Estimations
$990,000
Cap Rate Potential
3.8%
Retail space
Location Intelligence
Property ID
US80-1842988
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.

Current Use by Public Records

  • Hana Steak & Sushi / Sushi Restaurant / Japanese Restaurant
  • H&R Block / Tax Consultant / Tax Preparation Service
  • Sally Beauty / Beauty Supply Store / Barber Supply Store
  • Electronic Express / Appliance Store / Computer Store
  • UPS Access Point location / Shipping And Mailing Service / Mailing Service

Property Details for 2200 Hamilton Place Blvd

Year built
1993
Lot size
0.87 lot acres
Property size
4,875 SF
Property type
Retail space
APN
149I A 001.45
APU
149IA00145

Description

This exceptional 4,660 square foot Class A freestanding building, situated on 0.78 acres in Chattanooga, TN's vibrant Hamilton Place retail/medical corridor, presents a unique leasing opportunity. Built in 1993, this single-story structure boasts a 10-foot ceiling height and offers flexible space ideal for multiple tenants, with a minimum divisible unit of 1,070 square feet and a maximum contiguous space of 4,660 square feet. The property includes 25 dedicated parking spaces and benefits from excellent visibility and convenient access via a traffic light on Gunbarrel Road. Currently entirely vacant, the building features a retail showroom (approximately 3,200 square feet), a 700 square foot storage area, three restrooms, a large office, a staging area, and a break room with a kitchenette. Its strategic location near the Hamilton Place Mall (Tennessee's second most visited super-regional mall), offers unparalleled exposure to a high volume of traffic and proximity to major national retailers including Dillard's, Belk, JCPenney, Dick's Sporting Goods, Walmart, Target, Lowe's, Home Depot, and numerous dining establishments. Furthermore, its proximity to Erlanger East Hospital and other medical offices makes it an attractive option for medical practices. The property is zoned C-4. This is an exceptional opportunity to establish a presence in a high-traffic, high-visibility location within a thriving commercial area.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $990,000
    ML approach
    $990,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $990,000
    Market price range: $456k - $990k
    AI Estimate
    $990,000
    Market price range: $456k - $990k
  • Alternative Use

    Use
    Estimation
    RETAIL STORES
    $655,000
    Current use
    MEDICAL BUILDING
    $1,185,000
    Change: +80% Conversion: Difficult
    AUTO REPAIR, GARAGE
    $1,035,000
    Change: +58% Conversion: Difficult
    COMMERCIAL (GENERAL)
    $935,000
    Change: +42% Conversion: Easy

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Chattanooga
County
Hamilton
State
Tennessee
Longitude
-85.1546
Latitude
35.0349
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
$9,414
$0.00
$0.00
$420,760
-
$634,600
$417,300
$1,051,900
More about this property
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