Property profile

964 Dodson Ave Chattanooga, TN 37406

FOR SALE
Turn key restaurants
Property ID
US80-1767250
2,382 SF 0.65 ac lot Built 1960
Individually Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional redevelopment opportunity presents a 2,382-square-foot vacant building situated on a 1.4-acre corner lot in the heart of downtown Chattanooga, Tennessee. Located at 964 Dodson Ave, this property boasts high visibility on a heavily trafficked road (2023 traffic count: 6,642 vehicles). The building, constructed in 1960, has been completely gutted to the studs, offering a blank canvas for a diverse range of uses. Its R-2 zoning permits various possibilities, including convenience stores, restaurants, storefronts, offices, or even medical facilities. The property features convenient ingress and egress points on both Dodson Avenue and Windsor Street. The asking price is $550,000, translating to $230.90 per square foot. This is a unique chance to acquire a substantial property in a thriving downtown area, ready for immediate redevelopment to suit your vision. The Hamilton County location, with its address of 964 Dodson Ave, Chattanooga, TN 37406, offers unparalleled access to the city's amenities and vibrant community. The property is offered as a sale by owner. APN: 146D D 002.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1960
Total area 2,382 SF
Lot 0.65 ac (28,400 SF)
Zoning code R2
APN 146D D 002
UPID US80-1767250

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

964 Dodson Ave Chattanooga, TN 37406
Chattanooga metro Census 1200 CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

since 2025
Last sale
$300,000
3 recorded transactions
2025
Price N/A
2022
$300,000
2018
Price N/A

Zoning & alternative use

R2 · Chattanooga, TN

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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