1507 Maxwell Road, Chattanooga, TN 37412
COMMERCIAL - Chattanooga, TN
- Added:
- Sep 8, 2025
- Days on Market:
- 297
- Last Refresh:
- Jul 1 at 5:06 pm
Property Features for 1507 Maxwell Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Commercial
- Parking features
- Parking Lot
- Appliances
- Disposal, Electric Range, Microwave, Refrigerator
- Standard status
- Active
- APN
- 169j H 020
- Size
- 1,919 SF
- Lot size
- 0.29 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2118
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1950
- Flooring type
- Vinyl, Carpet
- Roof type
- Shingle
Listing agent Grace Edrington License #291147 (423) 280-2865
Listing office Berkshire Hathaway J Douglas Properties 100 Tremont Street, Chattanooga, TN (423) 498-5800
Listing date Sep 8, 2025
Copyright © 2026 River Counties Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- High Visibility: Approximately 7,000 cars pass daily.
- Convenient Location: Situated near a traffic light for easy access and directly across from the U.S. Post Office.
- Business‑Friendly Tax Incentives: Located in East Ridge, TN, which supports retail growth.
- Ample Parking: Asphalt lot with 20 on‑site parking spaces.
- Multiple Private Offices: Features 5 private offices.
- Full Kitchen with New Appliances.
Overview
Located at 1507 Maxwell Road in East Ridge, the site benefits from strong visibility with approximately 7,000 cars passing daily. The property is positioned near a traffic light for convenient ingress and egress, and it is directly across from the U.S. Post Office, supporting day-to-day walk-in and customer convenience.
With Commercial zoning and a configuration that supports both client-facing operations and back-office work, this asset can be a strong fit for a range of buyers and operators. It may work well for retail, office, or service-based businesses that value storefront exposure, private office space, and ready-to-use interior improvements.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $34.5k | $18.00 |
| − Vacancy | −$5.2k | −$2.70 |
| EGI | $29.4k | $15.30 |
| − OpEx | −$7.3k | −$3.82 |
| NOI | $22.0k | $11.48 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Chattanooga
- County
- Hamilton
- State
- Tennessee
- Longitude
- -85.228932
- Latitude
- 34.992108
