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Property profile & analytics
FOR SALE
Medical Office Space

7003 Shallowford Rd Chattanooga, TN 37421

12,420 SF 17049 ac lot Built 1988
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US80-2710854
Property summary
AI-generated overview

This exceptional Class B medical office building, located at 7003 Shallowford Rd in Chattanooga, Tennessee, 37421, presents a unique opportunity for healthcare professionals. The property, totaling 10,500 square feet, is comprised of six individual suites within a single, two-story building, offering flexibility for various practice sizes. Currently, 3,069 square feet of space is available, divisible into units as small as 600 square feet and with a maximum contiguous space of 5,000 square feet. The building boasts a convenient location in the East Brainerd submarket, specifically within the Hamilton Place cluster, providing excellent access to major thoroughfares and a high-traffic area. Built in 2006 and renovated that same year, the building features a modern aesthetic with 10-foot ceilings throughout. Ample parking is available with 23 spaces provided for tenants and visitors. The building is equipped with elevators for convenient access to both floors. This property is ideal for a variety of medical practices seeking a well-maintained, conveniently located space in a thriving Chattanooga community. The building's multiple suite configuration allows for expansion or downsizing as needed, making it a versatile option for long-term growth.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1988
Total area 12,420 SF
Lot 17049 ac (742,654,440 SF)
Zoning code C1
APN 149A A 006.01
UPID US80-2710854
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
  • Cloudland Dental Dental Office
  • Wright Jackie Dental Office
  • Affordable Smiles Orthodontics Dental Office
  • Chattanooga Primary Care and Wellness Center Medical Clinic
  • Advanced Concepts in Medicine Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.84M
Blend (final) Blend
$1.84M
Owner & transaction history
Shallowford Professional Partners L · 2 yrs held
Shallowford Professional Partners L
since 2024
1 recorded transaction
2024
Price N/A
Zoning & alternative use
C1 · Chattanooga, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source code of ordinances
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