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Property profile & analytics
OFF-MARKET Estimated value $3,005,000
Medical Office Space

3300 Wilcox Blvd Chattanooga, TN 37411-1073

19,879 SF 1.6 ac lot Built 1995
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US80-0949875
Property summary
AI-generated overview

This exceptional two-story medical office building, situated on a 1.6-acre lot in Chattanooga, TN, offers 19,879 square feet of space, with 19,203 square feet currently available. Built in 1995, this Class B building features numerous amenities ideal for medical practices or other office uses. The property boasts approximately 100 parking spaces, a convenient elevator for accessibility, and is strategically located less than two miles from Shallowford Road and approximately three miles from the Chattanooga Airport. The interior layout includes 45 patient rooms, 14 offices, 16 restrooms, two conference rooms, and two lobby waiting areas, offering flexibility for a single large tenant or division into separate upper and lower spaces. On-site laboratories are also available. The building's zoning is commercial, and the property is also available for purchase. The building's floor plan is designed to accommodate a variety of medical or general office needs, making it a versatile and attractive option for businesses seeking a well-equipped and conveniently located space. The ample parking and accessibility features further enhance its appeal. This property presents a unique opportunity for businesses seeking a prominent presence in the Chattanooga area. The building's size, amenities, and location combine to create a compelling investment or lease opportunity.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1995
Total area 19,879 SF
Lot 1.6 ac (69,696 SF)
APN 147B B 054
UPID US80-0949875
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
  • Optimal Health Center Medical Clinic
  • Chattanooga Free Clinic Association / Organization
  • Dr. Jacqueline D. Shaw, MD Pediatrician Medical Clinic
  • Dr. Winnifred J. Dunbar-Davies, MD Pediatrician Physician
  • Dr. Willie M. Hubbard, MD Pediatrician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.41M
Comparable Approach Comparable
$2.74M
Blend (final) Blend
$3.01M
Owner & transaction history
A Pattern Holdings II LLC · 3 yrs held
A Pattern Holdings II LLC
since 2022
Last sale
$3.1M
3 recorded transactions
2022
$1.7M
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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