Live-Work Property with
For Sale
$650,000
1302 Hixson Pike, Chattanooga, TN 37405
C-NT zoning supports a business-at-home setup, with frontage along Hixson Pike.
Property Size1,752 SF
Price / SF$371
Days on Market15
Property Features for 1302 Hixson Pike
General Information
Standard status
Active
Size
1,752 SF
Property subtype
Mixed Use
Zoning
C-NT
Site & Location
Neighborhood
Riverview Neighborhood Association
Taxes and HOA fees
Annual Taxes
$4,916
Building Details
Building Size
1,752 SF
Year Built
1920
Listing Agency:
SquareOne Realty, LLC
Listed By:
Douglas Dodson · License #354755
(423) 902-4605
Source:
Fletcherbrightrealty
Added: Oct 14
Changed: Oct 27
Last Checked: Oct 27 at 3:24AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SquareOne Realty, LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,752-square-foot live-work property, built in 1920, includes two bedrooms, a sunroom, family and dining rooms, and a renovated kitchen and bathroom. A glass-front walk-in cooler remains in the dining room. Hardwood floors and built-in storage add functional details, while a walk-up attic and basement provide additional storage or expansion space. The backyard is fenced.
The property has frontage on Hixson Pike and is zoned C-NT by the City of Chattanooga, allowing a business-at-home or live-work arrangement. North Chattanooga, Riverview, and downtown are described as minutes away.
The property has frontage on Hixson Pike and is zoned C-NT by the City of Chattanooga, allowing a business-at-home or live-work arrangement. North Chattanooga, Riverview, and downtown are described as minutes away.
Key Highlights
- 1,752‑square‑foot property built in 1920
- Two bedrooms with a shared bathroom
- C‑NT zoning allows a business‑at‑home or live‑work arrangement
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,104
Cap Rate
3.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$402,080
$402.1K
Cap Rate 7%
$287,200
$287.2K
Cap Rate 9%
$223,378
$223.4K
Market Conditions
NOI Build-Up for 1,752 SF
Gross rent
$31.5K $18.00/SF
− Vacancy
−$4.7K −$2.70/SF
EGI
$26.8K $15.30/SF
− OpEx
−$6.7K −$3.82/SF
NOI
$20.1K $11.48/SF
Area
Chattanooga, TN
Vacancy
15.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$402,080
Cap Rate 7%
$287,200
Cap Rate 9%
$223,378
Alternative Uses
Best Use
Office B
$287.2K
$251.3K – $335.1K
NOI $20,104 @ 7.0% cap · market cap 3.09%
Second Best
Mixed Use
$276.3K
$241.8K – $322.4K
NOI $19,342 @ 7.0% cap · market cap 2.98%
Theoretical Best
Office A
$386.9K
$338.6K – $451.4K
NOI $27,086 @ 7.0% cap · market cap 4.17%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
261
Businesses Nearby
Explore this area
Business Placement
Demographics for 37405, TN
18,231
Population
9,959
Households
1.8
Avg Household Size
36
Median Age
53%
College-Educated
92%
High-School Grad
54.3 sq mi
ZIP Area
336
Density / Sq Mi
$77,850
Median Household Income
$51,748
Median Earnings
$1,276
Median Rent
$416,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Live-work space - C-NT zoning supports a business-at-home setup, with frontage along Hixson Pike.
Where is this live-work space located?
The property is located at 1302 Hixson Pike Chattanooga, TN.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 1,752‑square‑foot property built in 1920; Two bedrooms with a shared bathroom; C‑NT zoning allows a business‑at‑home or live‑work arrangement
