Contact for pricing 4,048 SF

2400 Mccallie Ave, Chattanooga, TN 37404
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This exceptional mixed-use commercial property, located at 2400 McCallie Avenue in Chattanooga, Tennessee, presents a unique investment opportunity. The 4,048 square foot building, built in 1935, sits on a level 0.33-acre corner lot boasting 100 feet of road frontage on McCallie Avenue and 134 feet on South Watkins Street. Its C-2 zoning allows for diverse uses, making it particularly well-suited for medical practices, given its prime location directly across from Parkridge Hospital & Center…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?

$6k

Tax billed · 2023

Assessed value$247k

Effective rate2.24%

Value estimate

· Nov 2026

$345k

$311k – $380k

Submarket $/SF estimate$808k

NOI build-up

Gross scheduled income$73k

Vacancy & credit loss−$11k

Operating expenses−$15k

NOI · 4.59% cap applied$46k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?

$248/SF

Submarket average, outlier-cleaned · 60 recorded sales of this use type

Observed band · Q1–Q3$138 – $373

Qualifying comparables3

Cap rate analysis

How does the asset earn?

4.59%

$46k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?

JurisdictionHAMILTON

Location intelligence

Which uses thrive at this corner?

Best fit: Spa & Massage

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Spa & Massage15.5

Dental Office13.5

Realty agency13.3

2400 Mccallie Ave Chattanooga, TN 37404

County assessor Recorded deeds · 4 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby

Address Sale price Sold Size

2415 Mccallie, Chattanooga, TN 37404-3322 $8,102,000 Jan 2026 30,596 SF

400 Holtzclaw, Chattanooga, TN 37404-1916 $2,550,000 Jun 2024 13,342 SF

513 Dodds, Chattanooga, TN 37404-3909 $935,000 Nov 2021 9,035 SF

2200 3rd, Chattanooga, TN 37404-2744 $10,530,000 Aug 2021 25,002 SF

281 Lyerly, Chattanooga, TN 37404-2746 $16,690,000 Aug 2021 38,154 SF

316 Holtzclaw, Chattanooga, TN 37404-2305 $400,000 Dec 2019 4,200 SF

Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.

Comparable nearby

Value Estimation
$730,000

3,968 SF

1917 3rd St

MEDICAL BUILDING

1917 3rd St, Chattanooga, TN 37404-2608

View Details
Value Estimation
$745,000

4,200 SF

316 Holtzclaw Ave

MEDICAL BUILDING

316 Holtzclaw Ave, Chattanooga, TN 37404-2305

View Details
Value Estimation
$565,000

3,852 SF

409 Dodds Ave

MEDICAL BUILDING

409 Dodds Ave, Chattanooga, TN 37404-3908

View Details
Value Estimation
$1,030,000

5,808 SF

1480 3rd St

MEDICAL BUILDING

1480 3rd St, Chattanooga, TN 37404-2434

View Details
Value Estimation
$390,000

2,614 SF

1625 Mccallie Ave

DENTAL BUILDING

1625 Mccallie Ave, Chattanooga, TN 37404-3022

View Details
Value Estimation
$1,510,000

9,035 SF

513 Dodds Ave

MEDICAL BUILDING

513 Dodds Ave, Chattanooga, TN 37404-3909

View Details

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