3300 Wilcox Blvd, Chattanooga, TN 37411-1073
- Medical Office Space
- 19,879 SF
- 1.60 lot acres
Current Use by 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
Property Details for 3300 Wilcox Blvd
- Year built
- 1995
- Lot size
- 1.60 lot acres
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 147B B 054
- APU
- 147BB054
Description
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.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $3,690,000
- 6.5%
- $3,405,000
- 7%
- $3,165,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,735,000
- AI Estimate
- $2,735,000
Market price range: $2.74M - $7.42MMarket price range: $2.74M - $7.42M -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $4,940,000 Current use
- AUTO REPAIR, GARAGE
- $4,220,000 Change: -15% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Chattanooga
- County
- Hamilton
- State
- Tennessee
- Longitude
- -85.2401
- Latitude
- 35.0474
- CBSA code
- 16860
- CBSA name
- CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA
