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Property profile & analytics
FOR LEASE
Medical Office Space

2400 Mccallie Ave Chattanooga, TN 37404

4,048 SF 0.34 ac lot Built 1935
Entity Owned 16-yr Hold ~ Est. High Equity
Property ID
US80-0475638
Property summary
AI-generated overview

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 for Sports Medicine and Orthopaedics. Ample parking is available on-site. The property's convenient location offers excellent demographics and high traffic counts. The asking price is $1,012,000, translating to $250 per square foot. This all-on-one-level building offers significant potential for a variety of businesses seeking a high-visibility location in a thriving Chattanooga neighborhood. The property is currently for sale by owner. Don't miss this chance to acquire a well-situated commercial property in a high-demand area. This property is zoned C-2 and offers a rare combination of size, location, and accessibility. The building's single-level layout enhances functionality and accessibility for a wide range of potential tenants.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1935
Total area 4,048 SF
Lot 0.34 ac (14,644 SF)
Zoning code C2
APN 146N F 002
UPID US80-0475638
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
  • Alliance Physical Therapy Medical Clinic
  • Dhatri Joshipura Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$808k
Blend (final) Blend
$810k
Owner & transaction history
Stern & Howe Investors LLC · 16 yrs held
Stern & Howe Investors LLC
since 2010
4 recorded transactions
2010
Price N/A
2010
$300,000
2005
$300,000
1969
Price N/A
Zoning & alternative use
C2 · Chattanooga, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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