1509 MAXWELL RD East Ridge, TN 37412
Versatile commercial property with office and garage space in East Ridge.
- Added:
- May 18, 2026
- Days on Market:
- 55
- Last Refresh:
- Jul 4 at 6:43 am
Property Features for 1509 MAXWELL RD
General Information
- Standard status
- Active
- Size
- 5,708 SF
- Lot size
- 0.50 Acres
- Property subtype
- Office, Self Storage, Mixed Use
Building Details
- Year Built
- 1950
Listing office Exit Realty
Listing date May 18, 2026
Source Crexi
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 Exit Realty
Investment Insights
Based on property information with market context.
Key Highlights
- Prime location on highly traveled Ringgold Road in East Ridge, offering excellent visibility and access.
- Versatile mixed‑use property suitable for various operations.
- Ample garage and shop space (nearly 5,000± SF) for various business needs.
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 | $102.7k | $18.00 |
| − Vacancy | −$15.4k | −$2.70 |
| EGI | $87.3k | $15.30 |
| − OpEx | −$21.8k | −$3.82 |
| NOI | $65.5k | $11.48 |
