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Property profile & analytics

6101 Enterprise Park Dr Chattanooga, TN 37416-3668

  • Office Properties & Spaces
  • 16,502 SF
  • 1.93 lot acres
OFF-MARKET
Last Sale
Apr 29, 2024
$2,140,000
Value Estimations
$2,140,000
Show details
Cap Rate Potential
8.5%
Office Properties & Spaces
Location Intelligence
Property ID
US80-0830138
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Ricoh USA / Big Box & Wholesale Store
  • ServiceMaster Cleaning & Restoration / Hardware & Home Improvement / Construction Company
  • 316 Excavating / General Contractor / Construction Company
  • Home Helpers Home Care of Chattanooga / Home Health Care Service
  • Signal Mountain Girl Scouts / Family Recreation Center / Volunteer Organization

Property Details for 6101 Enterprise Park Dr

Year built
2000
Lot size
1.93 lot acres
Property size
16,502 SF
Property type
Office Properties & Spaces
APN
129P B 017
APU
129PB017

Description

This exceptional 1,900 square foot office space is ideally situated at the corner of Jersey Pike and Bonny Oaks in Chattanooga's thriving submarket. The single-story, 2000-built building offers a convenient and functional layout perfect for a variety of businesses. The space features a large, open reception area, three private offices, two restrooms, and a spacious break room, providing ample room for both employees and clients. The property boasts abundant parking, a significant advantage in this busy area. With a total building size of 16,502 square feet, this 1,900 square foot suite represents a fantastic opportunity for a business seeking a well-maintained, Class C office space. The 1.94-acre lot provides ample room for expansion or future development. Its strategic location offers easy access to major transportation arteries, including Highway 153, placing your business within close proximity to Volkswagen and Enterprise South industrial parks. This is a rare opportunity to secure a well-positioned office space in a high-demand area. The minimum divisible space is 1,900 square feet, and the maximum contiguous space available is also 1,900 square feet. Currently, 1,900 square feet is vacant and ready for immediate occupancy.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $2,140,000
    ML approach
    $2,140,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $3,035,000
    6.5%
    $2,805,000
    7%
    $2,605,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $2,865,000
    Market price range: $1.50M - $3.32M
    AI Estimate
    $2,865,000
    Market price range: $1.50M - $3.32M
  • Alternative Use

    Use
    Estimation
    COMMERCIAL (GENERAL)
    $2,325,000
    Current use
    AUTO REPAIR, GARAGE
    $3,505,000
    Change: +51% Conversion: Difficult
    RETAIL STORES
    $2,005,000
    Change: -14% Conversion: Easy

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Chattanooga
County
Hamilton
State
Tennessee
Longitude
-85.19
Latitude
35.073
CBSA code
16860
CBSA name
CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$18,631
$0.00
$0.00
$832,760
-
$504,400
$1,577,500
$2,081,900
More about this property
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