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Property profile & analytics
OFF-MARKET
Flex space

7374 Applegate Ln Chattanooga, TN 37421-5200

3,012 SF 0.2 ac lot Built 1975
Entity Owned 14-yr Hold
Property ID
US80-0566649
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 1975
Total area 3,012 SF
Lot 0.2 ac (8,752 SF)
Zoning code O1
APN 158E C 003.12
UPID US80-0566649
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
  • Davis Financial Advisors Inc Financial Advisor
  • Begin With A Plan Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Partners Applegate · 14 yrs held
Partners Applegate
since 2011
6 recorded transactions
2018
Price N/A
2011
$135,000
2011
$329,204
2009
$128,307
2009
Price N/A
1969
Price N/A
Zoning & alternative use
O1 · Chattanooga, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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