Property profile

3500 Dodds Ave Chattanooga, TN 37407

OFF-MARKET
Retail space
Property ID
US80-1153750
4,200 SF 1.15 ac lot Built 1950
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 14,859-square-foot commercial property in Chattanooga, Tennessee, offers a unique blend of office, warehouse, and showroom space, ideal for a variety of businesses. Located at 3500 Dodds Ave, this single-story, Class C building sits on 1.1 acres and boasts 249 feet of frontage. The space is currently vacant and features 6,612 square feet of warehouse space and 8,247 square feet of office/showroom space, allowing for flexible configurations to suit your specific needs. The property includes convenient access to a covered loading area at the rear. A large fenced-in drop yard across the street is also available for separate negotiation. The zoning is M-1, providing versatility for various business types. The landlord is willing to subdivide the space to accommodate smaller tenants. The lease rate is $6 per square foot, NNN, in as-is condition. Build-out options are negotiable based on lease terms and rate. This historically significant building, previously occupied by Goodwill Industries, presents a compelling opportunity for businesses seeking a well-located, adaptable space in Chattanooga's thriving market. The property's APN is 168B N 001. This is a single-tenant space with multiple potential uses, including but not limited to flooring/countertop showrooms and warehouses, medical laboratories, and contractor office/warehouse facilities.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1950
Total area 4,200 SF
Lot 1.15 ac (50,094 SF)
Zoning code M1
APN 168B N 001
UPID US80-1153750

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Wedding Service

Location

3500 Dodds Ave Chattanooga, TN 37407-2222
Chattanooga metro Census 2400 CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
$245k

Owner & transaction history

since 2022
1 recorded transaction
2022
$700,000

Zoning & alternative use

M1 · Chattanooga, TN

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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