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    5811 Lee Hwy Chattanooga, TN 37421

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    For Sale
    $3,250,000

    High-performing investment property with income and growth potential in Chattanooga.

    Property size:
    19,000 SF

    Property Features for 5811 Lee Hwy

    General Information

    Size
    19,000 SF

    Building Details

    Year built
    1961

    Source: Cage Gary Agent Cage Gary

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Chattanooga Investment Property For Sale

    Located on Lee Highway, a major commercial corridor in Chattanooga, this 19,000 square foot investment property offers immediate income with opportunities for further value capitalization and improvements. The property is zoned C2 for versatile commercial use and contains 17 units. It is situated in an established neighborhood known for its commercial activity and ample parking. The location provides convenient transportation options with easy access to major roadways, including Interstates 75 and 24. The property is suitable for office or office building investors, featuring spacious and well-maintained interior spaces and ample parking for tenants and visitors.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Vision Coordination Services ... Social Services Organization Inspire Hair and Beauty Beauty Salon Shelter Insurance - Bobby ... Insurance Agency Reign Studio Hair Extension Technician The Hendrickson Agency - Farmers ... Insurance Agency

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chattanooga
    County
    Hamilton
    State
    Tennessee
    Longitude
    -85.2007065
    Latitude
    35.021296

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    FAQs

    What type of property is this?
    Office building - High-performing investment property with income and growth potential in Chattanooga.
    Where is this office building located?
    The property is located at 5811 Lee Hwy Chattanooga, TN.
    What is the asking price?
    The asking price for this property is $3,250,000.
    What are key features of this property?
    This property features: - High-performing investment property with immediate income and potential for growth.; - Prime location on Lee Highway, a major commercial corridor in Chattanooga.; - **19,000 SF building with 17 units, ideal for office or office building investors.**
    (770) 335-2672
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    5811 Lee Hwy Chattanooga, TN 37421
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    Chattanooga, TN 37421
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5811 Lee Hwy Chattanooga, TN 37421
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