Property profile

5022 Old Godsey Ln Chattanooga, TN 37343

FOR SALE
Medical Office Space
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Property ID
US80-1006773
3,290 SF 1 ac Built 2001
Last sale Feb 2022·$799,900
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

The property is a commercial space within the Hamill Professional Centre in the Hixson area. It is situated just off Highway 153 and Hamill Road, directly across from CHI Memorial Hospital’s Hixson campus, and adjacent to medical offices along Northpoint Boulevard. The center includes multiple healthcare tenants, and the subject space has been previously used as an optical center; it is configured in a way that supports medical use and can also be converted for office use.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value$225k
Effective rate2.24%

Value estimate

· Nov 2026
$555k
$500k – $611k
CAP approach$590k
Submarket $/SF estimate$677k
NOI build-up
Gross scheduled income$129k
Vacancy & credit loss−$19k
Operating expenses−$28k
NOI · 8.29% cap applied$83k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$192/SF
ZIP average, outlier-cleaned · 19 recorded sales of this use type
Observed band · Q1–Q3$141 – $241
Qualifying comparables6

Cap rate analysis

How does the asset earn?
8.29%
$83k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
R4
JurisdictionHAMILTON

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility11.7
HVAC Service11.2
Convenience Store10.6

Location

5022 Old Godsey Ln Chattanooga, TN 37343
County assessor Recorded deeds · 12 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1017 Executive, Hixson, TN 37343-7910 $965,000 Dec 2024 3,960 SF
2051 Hamill Rd, Hixson, TN 37343-4653 $1,058,000 Oct 2024 3,625 SF
5109 Skillern, Hixson, TN 37343-3262 $800,000 Jan 2024 3,318 SF
2104 Hamill, Hixson, TN 37343-4029 $1,050,000 Mar 2023 3,135 SF
6411 Hixson, Hixson, TN 37343-5726 $292,026 Jun 2021 3,726 SF
4513 Hixson, Hixson, TN 37343-5039 $360,000 Sep 2020 2,996 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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