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Property profile & analytics
OFF-MARKET Estimated value $555,000
Industrial properties

6802 Ringgold Rd Chattanooga, TN 37412-4256

6,240 SF 0.56 ac lot Built 1985
Individually Owned 4-yr Hold ~ Est. High Equity
Property ID
US80-1679928
Property summary
AI-generated overview

This exceptional office property, located at 6802 Ringgold Rd in Chattanooga, Tennessee, presents a unique leasing opportunity. The building, constructed in 1986 and extensively renovated in 2022, offers a total of 9,400 square feet across three stories. The property is classified as Class C and zoned M2, providing flexibility for various business types. Currently, there are multiple tenancies available, with a minimum divisible space of 500 square feet and a maximum contiguous space of 500 square feet. A total of 500 square feet is currently vacant and ready for immediate occupancy. The property sits on a lot ranging from 0.5 to 0.7 acres and includes ample parking with 21 spaces available (based on a ratio of 21 spaces per 1,000 square feet). The building's convenient location offers easy access to I-75 and nearby amenities, ensuring high visibility and accessibility for your business. This is an ideal space for startups, small businesses, or professionals seeking a modern and functional workspace in a high-traffic area. The property's 2022 renovation ensures updated facilities and a comfortable working environment. The address is 6802 Ringgold Rd, Chattanooga, TN 37412, with the APN 0331700 A 00200P000. This property is perfect for those seeking a flexible and affordable office solution in a prime Chattanooga location.

Property profile
Verified
Property type Industrial properties
Use group MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built 1985
Total area 6,240 SF
Lot 0.56 ac (24,206 SF)
Zoning code M3
APN 170O A 002
UPID US80-1679928
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
  • Savannah River Lumber Co Big Box & Wholesale Store Building Supply
  • Chattanooga Air Conditioning Repair Hardware & Home Improvement HVAC Service
  • East Ridge Medical Supply Inc. Production Facility
  • River City Logistics Trucking Company
  • Ivey Photo Studio (Bike/Boat/Book/etc) Store Photography Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$562k
Blend (final) Blend
$555k
Owner & transaction history
Simeon Hinchman · 4 yrs held
Simeon Hinchman
since 2022
Last sale
$550,000
7 recorded transactions
2022
$550,000
2018
$280,000
2016
Price N/A
2015
Price N/A
2006
Price N/A
1997
$213,550
1969
Price N/A
Zoning & alternative use
M3 · Chattanooga, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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