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Property profile & analytics
OFF-MARKET Estimated value $5,550,000
Industrial properties

6413 Lee Hwy Chattanooga, TN 37421-4859

33,635 SF 3.63 ac lot Built 1986
Individually Owned Absentee Owner ~ Est. High Equity
Property ID
US80-2797059
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Industrial properties
Use group MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built 1986
Total area 33,635 SF
Lot 3.63 ac (158,123 SF)
APN 148K A 003.01
UPID US80-2797059
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · 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 Swimming Facility Swimming Instructor
  • Dr. Latasha Garrett Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$5.55M
CAP Approach CAP
$5.72M
Comparable Approach Comparable
$4.14M
Blend (final) Blend
$5.55M
Owner & transaction history
Hal Prop At Lee Pointe No 7 Ll · 2 yrs held
Hal Prop At Lee Pointe No 7 Ll
since 2024
Last sale
$5.6M
2 recorded transactions
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $8.2M +26.8%
Auto repair, garage $7.1M +11.0%
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