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    6413 Lee Hwy Chattanooga, TN 37421-4859
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    Property profile & analytics

    6413 Lee Hwy Chattanooga, TN 37421-4859


    • Industrial properties
    • 33,635 SF
    • 3.63 lot acres
    Off-Market
    Last Sale Dec 20, 2024
    $5,550,000
    Property ID
    US80-2797059
    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.

    Value Estimations
    $5,550,000
    Show details
    Cap Rate Potential
    6.7%
    Industrial properties
    Location Intelligence

    Current Use by Public Records

    • Adventure Pediatric Dentistry / Dental Office
    • Apple Spice Box Lunch & Catering Chattanooga, TN / Take-out & Catering / Catering Service
    • River City Pottery / (Bike/Boat/Book/etc) Store
    • Aqua-Tots Swim Schools Chattanooga-Hamilton Place / Baby Swimming School / Public Swimming Pool
    • Dr. Latasha Garrett / Dental Office

    Property Details for 6413 Lee Hwy

    Year built
    1986
    Lot size
    3.63 lot acres
    Property size
    33,635 SF
    Property type
    Industrial properties
    Property subtype
    Industrial live-work properties
    APN
    148K A 003.01
    APU
    148KA00301

    Description

    This exceptional 33,635 square foot retail property, located at 6413 Lee Highway in Chattanooga, Tennessee, presents a unique investment opportunity. The single-story building, constructed in 1986 and renovated in 2015, boasts a prime location within Hamilton County, zoned C-2. Currently, there is 1,780 square feet of vacant space available for lease, ideal for a variety of commercial or office uses. The property sits on a substantial 6.607-acre lot, offering ample space for parking and potential expansion. The building is classified as Class C and features multiple tenancies, providing flexibility for diverse business needs. The address is easily accessible from Lee Highway, ensuring high visibility and convenient access for customers and employees. With its strategic location, substantial size, and recent renovations, this property is well-suited for businesses seeking a strong foothold in the Chattanooga market. The property's 1986 construction date and 2015 renovation ensure a blend of established infrastructure and modern amenities. The ample lot size provides significant potential for future development or expansion. This is an excellent opportunity to secure a well-located and versatile commercial space in a thriving Tennessee community. The zip code is 37421.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $5,550,000
      ML approach
      $5,550,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $6,190,000
      6.5%
      $5,715,000
      7%
      $5,305,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $4,142,000
      Market price range: $4.14M - $9.36M
      AI Estimate
      $4,142,000
      Market price range: $4.14M - $9.36M
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $6,435,000
      Current use
      MEDICAL BUILDING
      $8,160,000
      Change: +27% Conversion: Easy
      AUTO REPAIR, GARAGE
      $7,140,000
      Change: +11% Conversion: Difficult

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


    Location Insight

    • Map
    • Local Demand
    City
    Chattanooga
    County
    Hamilton
    State
    Tennessee
    Longitude
    -85.1815
    Latitude
    35.0356
    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
    $22,323
    $0.00
    $0.00
    $997,760
    -
    $760,400
    $1,734,000
    $2,494,400
    More about this property
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