Property profile

2340 Shallowford Vlg Dr Chattanooga, TN 37421

OFF-MARKET
Turn key restaurants
Property ID
US80-0425702
7,806 SF 1.38 ac lot Built 1993
Individually Owned 22-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 7,800 square foot freestanding building presents a unique opportunity for a sit-down restaurant or retail establishment in Chattanooga, Tennessee's thriving Hamilton Place submarket. Located on a major east-west thoroughfare boasting over 25,000 vehicles per day, the property offers unparalleled visibility and accessibility. Its strategic location provides convenient access to Interstate 75, a high-traffic artery with over 100,000 vehicles daily, ensuring significant exposure to a large customer base. The 1.38-acre lot provides ample space, complemented by 120 parking spaces to accommodate patrons and staff. The entire 7,800 square feet is currently vacant, offering a blank canvas for a new tenant to customize the space to their specific needs. This single-tenant building is situated within the strong retail corridor of Hamilton Place, benefiting from the area's established commercial activity and high foot traffic. The property is classified as Commercial, specifically Retail and Restaurant, making it ideal for a variety of uses. This prime location in Hamilton County offers an exceptional opportunity for a business seeking high visibility and convenient access to a large and diverse customer base. The property's size and parking capacity make it suitable for a variety of restaurant concepts or retail businesses.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1993
Total area 7,806 SF
Lot 1.38 ac (60,113 SF)
APN 149A A 017
UPID US80-0425702

Cap rate & NOI

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

Location

2340 Shallowford Vlg Dr Chattanooga, TN 37421-6768
Chattanooga metro Census 11448 CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.43M
Blend (final) Blend
$2.43M

Owner & transaction history

since 2004
4 recorded transactions
2025
Price N/A
2004
$2.9M
2004
$2.9M
2003
$2.6M

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
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