7374 Applegate Ln Chattanooga, TN 37421-5200
This exceptional Class A office building, located at 7374 Applegate Ln, Chattanooga, TN 37421, presents a unique investment opportunity. The 3,012 square foot, vacant, free-standing building is situated on a two-story structure and offers a flexible layout suitable for various office uses, including creative, executive, and traditional office spaces. The property is zoned O-1, providing versatility for potential tenants. Nine designated on-site parking spaces are included, with additional parking across the street, ensuring ample parking for employees and clients. Its convenient location off Gunbarrel Road in the Hamilton Place area provides easy access to major retailers, restaurants, Erlanger East, and Galen Medical Group. The building's proximity to I-75 and Chattanooga Airport (less than a 10-minute drive) enhances its appeal for businesses seeking convenient commuting and accessibility. This single-tenant building is ideal for small businesses, service providers, medical practices, or law firms seeking a well-located, functional space. The asking price is $755,000. This property offers a compelling combination of location, functionality, and parking, making it an attractive investment opportunity in a thriving Chattanooga market.
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Davis Financial Advisors Inc Financial Advisor
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Begin With A Plan Financial Advisor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
O1 · Chattanooga, TNChattanooga. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.