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Property profile & analytics

6441 Bonny Oaks Dr Chattanooga, TN 37416-6002

  • Office Properties & Spaces
  • 4,840 SF
  • 1.96 lot acres
OFF-MARKET
Last Sale
Jan 09, 2023
$1,200,000
Value Estimations
$1,110,000
Show details
Cap Rate Potential
3.5%
Office Properties & Spaces
Location Intelligence
Property ID
US80-1083060
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

  • Farmers Insurance - Brian Gass / Motorcycle Insurance Agency / Renter'S Insurance Agency
  • Farmers Insurance - Jonathan Hunter / Insurance Agency / Auto Insurance Agency
  • SYNERGY HomeCare / Home Health Care Service / Child Health Care Centre
  • Q2 Management Inc. / Corporate Office
  • Adkore Staffing Group / Employment Agency

Property Details for 6441 Bonny Oaks Dr

Year built
1997
Lot size
1.96 lot acres
Property size
4,840 SF
Property type
Office Properties & Spaces
APN
129L D 024.01
APU
129LD02401

Description

This 1500-square-foot traditional office space is ideally situated on Bonny Oaks, offering convenient access to major employers like Volkswagen and Enterprise South. Its strategic location provides easy commutes via I-75 and Highway 153. The single-tenant space boasts a flexible layout perfect for various business needs. A large open area is adaptable for cubicles or collaborative workspaces, complemented by five private offices—one spacious enough to serve as a conference room. A comfortable break area and a restroom add to the convenience. The property is ready for immediate occupancy, presenting a fantastic opportunity for businesses seeking a well-appointed and conveniently located office space. This is a single-tenant occupancy property, offering privacy and control over the entire space. The existing layout is versatile and can be easily adapted to suit a range of business configurations. The proximity to major transportation arteries and significant employers makes this an exceptional opportunity for businesses seeking a strategic location to enhance productivity and accessibility. This property offers a blend of open collaborative space and private offices, catering to diverse workplace needs. The inclusion of a dedicated break area and restroom further enhances the functionality and comfort of this attractive office space.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $1,540,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $890,000
    6.5%
    $820,000
    7%
    $765,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $942,000
    Market price range: $439k - $975k
    AI Estimate
    $942,000
    Market price range: $439k - $975k
  • Alternative Use

    Use
    Estimation
    COMMERCIAL (GENERAL)
    $680,000
    Current use
    MEDICAL BUILDING
    $1,200,000
    Change: +76% Conversion: Easy
    AUTO REPAIR, GARAGE
    $1,030,000
    Change: +51% Conversion: Difficult

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


Location Insight

  • Map
  • Local Demand
City
Chattanooga
County
Hamilton
State
Tennessee
Longitude
-85.1661
Latitude
35.0748
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
$6,130
$0.00
$0.00
$274,000
-
$215,600
$469,400
$685,000
More about this property
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