3816 Cummings Hwy Chattanooga, TN 37419-2202
This exceptional 6,000 square foot mixed-use commercial building, situated on a one-acre lot at 3816 Cummings Highway in Chattanooga, Tennessee, presents a unique investment opportunity. Built in 1989, the property boasts a desirable C-2 zoning designation, offering versatility for a range of commercial uses. The building features impressive 16-foot ceilings, providing ample space and potential for creative adaptations. Its strategic location in Lookout Valley offers excellent access and visibility, with proximity to downtown Chattanooga and the burgeoning Black Creek Development. The level lot ensures ease of access and potential for expansion or additional development. Priced at $1,500,000, or $250 per square foot, this property represents a compelling value proposition for investors seeking a well-located, adaptable commercial space with significant upside potential. The former McBryar's Lumber Company building offers a solid foundation for a variety of businesses, capitalizing on its prime location and substantial square footage. This is a rare opportunity to acquire a substantial commercial property in a rapidly growing area of Chattanooga. The property's size and zoning provide flexibility for a wide range of commercial ventures.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
C2 · Chattanooga, TNCosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.