Mixed-Use Property with
For Sale
Contact for pricing
3222 CALHOUN AVE, Chattanooga, TN 37407
Commercial zoning pairs a residential structure with a detached building suitable for live-work, office, or workshop use.
Property Size1,104 SF
Price / SF$203.80
Days on Market94
Property Features for 3222 CALHOUN AVE
General Information
Standard status
Active
Size
1,104 SF
Property subtype
Office, Mixed Use
Zoning
Commercial
Site & Location
Public Transit
Yes
Utilities to Site
Yes
Additional Details
Asking Price
$225,000
Building Details
Year Built
1948
Buildings
2
Stories
1
Units
1
Tenancy
Single
Listing Agency:
CHARLOTTE MABRY TEAM
Listed By:
Charlotte Mabry · License #228140
Source:
Crexi
Added: Jul 15
Changed: Oct 4
Last Checked: Oct 14 at 11:21PM
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 CHARLOTTE MABRY TEAM
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 mixed-use property combines a 1,104-square-foot, 3-bedroom, 1-bathroom single-family home with a detached 30 X 20 storage building. The outbuilding includes functioning plumbing and electricity, adding practical utility for storage, office, or workshop applications. Constructed in 1948, the property is zoned Commercial and may accommodate a live-work arrangement or professional office configuration, subject to applicable city requirements.
The property is located at 3222 Calhoun Avenue in Chattanooga, with the source information noting proximity to downtown and access to transit corridors and major employment hubs. Buyers should independently confirm dimensions, utility arrangements, and permitted uses under current zoning ordinances.
The property is located at 3222 Calhoun Avenue in Chattanooga, with the source information noting proximity to downtown and access to transit corridors and major employment hubs. Buyers should independently confirm dimensions, utility arrangements, and permitted uses under current zoning ordinances.
Key Highlights
- Commercial zoning designation
- 1,104‑square‑foot single‑family home
- 3 bedrooms and 1 bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,668
Cap Rate
5.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$253,360
$253.4K
Cap Rate 7%
$180,971
$181.0K
Cap Rate 9%
$140,756
$140.8K
Market Conditions
NOI Build-Up for 1,104 SF
Gross rent
$19.9K $18.00/SF
− Vacancy
−$3.0K −$2.70/SF
EGI
$16.9K $15.30/SF
− OpEx
−$4.2K −$3.82/SF
NOI
$12.7K $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%
$253,360
Cap Rate 7%
$180,971
Cap Rate 9%
$140,756
Alternative Uses
Best Use
Office B
$181.0K
$158.4K – $211.1K
NOI $12,668 @ 7.0% cap · market cap 5.63%
Second Best
Mixed Use
$174.1K
$152.4K – $203.1K
NOI $12,188 @ 7.0% cap · market cap 5.42%
Theoretical Best
Office A
$243.8K
$213.4K – $284.5K
NOI $17,068 @ 7.0% cap · market cap 7.59%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
463
Businesses Nearby
Explore this area
Business Placement
Demographics for 37407, TN
9,779
Population
3,540
Households
2.8
Avg Household Size
28
Median Age
7%
College-Educated
57%
High-School Grad
3.4 sq mi
ZIP Area
2,876
Density / Sq Mi
$33,785
Median Household Income
$27,018
Median Earnings
$891
Median Rent
$84,600
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?
Mixed-use property - Commercial zoning pairs a residential structure with a detached building suitable for live-work, office, or workshop use.
Where is this mixed-use property located?
The property is located at 3222 CALHOUN AVE Chattanooga, TN.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Commercial zoning designation; 1,104‑square‑foot single‑family home; 3 bedrooms and 1 bathroom
