Strip Mall

Chattanooga, TN Strip Malls for Sale

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Chattanooga Strip Center Investment
Updated: May 11, 2024
Chattanooga Strip Center Investment

830 Dodson Ave, Chattanooga, TN 37406

$550,000
6,720 sqft 0.64 AC lot
Prime investment opportunity in Chattanooga, TN.
Projected 9% cap rate from anticipated rents.
6,720 SF strip center divided into 4 units, offering a value‑add opportunity.
Convenient location near CHI Memorial Hospital, CVS Pharmacy, and the Chattanooga Public Library.
Zoning classification of C2 allows for versatile commercial use.
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Chattanooga, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Neighborhood Retail Strip Center
Neighborhood Retail Strip Center

2501 Oakwood NW Avenue, Huntsville, AL 35810

$1,800,000
19,683 sqft

Established neighborhood strip center on Oakwood Ave with approximately 19,683 SF and current income potential from multiple retail units.

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Fully Leased Retail Strip Center
Fully Leased Retail Strip Center

1115 McMurtrie Drive Northwest, Huntsville, AL 35806

$3,500,000
7,000 sqft 1.80 AC lot

Fully occupied 7,000 SF retail center with ample parking, supported by additional acreage for future development.

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Retail Strip Center and Freestanding Building
Retail Strip Center and Freestanding Building

560 Windy Hill Rd Se, Smyrna, GA 30080

$1,350,000
6,017 sqft 0.58 AC lot

Two-property retail portfolio with 435 feet of frontage, 32 parking spaces, and a 6-tenant strip center.

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Windy Hill Road Retail Portfolio
Windy Hill Road Retail Portfolio

Smyrna, GA 30080

$1,350,000
6,017 sqft

Two retail properties totaling 6,017 SF offer 435 feet of frontage, 32 parking spaces, and current 86% occupancy.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Crossville Land for Commercial Business
Crossville Land for Commercial Business

2.62 HWY 127 N, Crossville, TN 38555

$399,500
2.62 AC lot

2.62 acre lot suitable for commercial or multi-family development.

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Commercial Land Near Buckhorn School
Commercial Land Near Buckhorn School

4435 Winchester Road, New Market, AL 35761

$1,500,000
2.88 AC lot

2.88 acre commercial corner lot suitable for various businesses.

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Commercial Corner Lot For Sale
Commercial Corner Lot For Sale

4435 Winchester Road, New Market, AL 35761

$1,500,000
2.88 AC lot

2.88 acre commercial corner lot with high visibility.

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Land Ready for Development
Land Ready for Development

6920 S Highway 231/431, Owens Cross Roads, AL 35763

$449,000
1.06 AC lot

Approved commercial land for immediate development in Owens Cross Roads.

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Chattanooga, TN Strip Malls Market Trends and Statistics

Explore 1 strip malls for sale in Chattanooga, TN on our real estate platform. These investment opportunities span a total of 6,720 square feet of properties for sale, with an estimated market value of $550,000.

Sale prices for retail strips in Chattanooga, TN start at $550,000, averaging $550,000, and reaching up to $550,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Shopping centers 16
Storefront properties 10
Showrooms 4
Automotive properties 3
Grocery and convenience stores 3

Demographics Overview

Population 213K
Population Growth (5Y) +7.2%
Median Household Income $64,021
College Educated 35.8%

High-Yield Neighborhoods for Investment

Identify Chattanooga submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
37406 $550K

Taxes & Financing

Tax Rate (average for all types) 2.34%
Property Tax per SF $41.42 per SF
Tax Rate vs County Average 0.01 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Hamilton County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Hamilton County

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Property Size Breakdown

The majority of commercial real estate listings in Chattanooga fall within the 100,000+ square foot range.

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