You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET Estimated value $2,350,000
Motels

6510 Ringgold Rd Chattanooga, TN 37412-4226

17,928 SF 1.37 ac lot Built 1971
Entity Owned 7-yr Hold ~ Est. High Equity
Property ID
US80-0710837
Property summary
AI-generated overview

This exceptional 0.86-acre commercial land parcel presents a prime ground lease or build-to-suit opportunity in East Ridge, Tennessee. Ideally situated directly off I-75's southbound Exit 1 ramp, this pad-ready lot boasts 250 feet of frontage on Ringgold Road, ensuring high visibility and accessibility. Currently, two existing buildings on the site will be demolished to create this expansive, level lot. The property offers significant advantages due to its location within a strong retail corridor and the city's Border Region Retail Tourism Development Act, which provides sales tax incentives to developers and operators, potentially offsetting rental costs. This incentive program is designed to encourage businesses to locate on the Tennessee side of the state line. Detailed information regarding this incentive can be obtained from East Ridge city officials or their website. The site features ample on-site parking, supplemented by cross-access easements through an adjacent hotel, providing additional parking and convenient access via the Ringgold Road & S Mack Smith Road intersection. A rear entrance/curb cut off S Mack Smith Road also provides access. With a Ringgold Road traffic count of 24,688 vehicles per day and I-75 traffic count of 127,684 VPD, this location offers unparalleled exposure for businesses. The property's APN is 033169L M 01701 P000 and is zoned for commercial use. The total land area is 37,461 square feet, and there are 26 total parking spaces available. This site is perfect for quick-service restaurants or national tenants seeking high-traffic exposure and significant financial incentives.

Property profile
Verified
Property type Motels
Use group MOTEL
Year built 1971
Total area 17,928 SF
Lot 1.37 ac (59,677 SF)
Zoning code C1
APN 169L M 017
UPID US80-0710837
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
  • Stay Express Inn Chattanooga, TN Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.35M
Blend (final) Blend
$2.35M
Owner & transaction history
6510 Ringgold Road Corp · 7 yrs held
6510 Ringgold Road Corp
since 2019
7 recorded transactions
2021
Price N/A
2020
Price N/A
2020
Price N/A
2019
$2.3M
2016
$140,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
C1 · Chattanooga, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source code of ordinances
Top alternative use upside
Auto repair, garage $3.8M +109.7%
Commercial (general) $1.9M +3.3%
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 6510 Ringgold Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message