5026 Old Godsey Ln, Chattanooga, TN 37343
This exceptional 2-acre commercial land parcel, located at 5026 Old Godsey Lane in Chattanooga, Tennessee, presents a unique investment opportunity. Boasting 330 feet of prime road frontage on Northpoint Boulevard, with additional access from Old Godsey Lane, this property offers unparalleled visibility and accessibility. The C2 zoning allows for a diverse range of uses, including retail, office, and medical facilities, making it ideal for a variety of development projects. Its strategic location, less than 200 feet from Memorial Hospital and near Northgate Mall and Ridgeview Apartments, ensures high traffic and visibility within a thriving medical and residential community. The site is conveniently located within one mile of major roadways including Highway 153, Dupont Parkway, and Hixson Pike, providing easy access for commuters and customers. All previous structures have been removed, and utilities are available, making this a development-ready site. The surrounding area is home to a significant number of businesses and employees, with a strong concentration in the healthcare sector. This property offers a compelling combination of location, zoning flexibility, and development readiness, making it an attractive investment in a rapidly growing area of Chattanooga, part of the Chattanooga, TN-GA Metropolitan Statistical Area. The property's proximity to numerous amenities, including major retailers and restaurants, further enhances its appeal. A full offering memorandum is available.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.