Three-Story Mixed-Use
For Sale
Contact for pricing
3709 BRAINERD RD, Chattanooga, TN 37411
C2-zoned property with an atrium interior, front deck, and studio apartment configuration.
Property Size4,127 SF
Price / SF$165.98
Days on Market160
Property Features for 3709 BRAINERD RD
General Information
Standard status
Active
Size
4,127 SF
Class
B
Total Parking Spaces
24
Property subtype
Retail, Office, Mixed Use
Zoning
C2
Investment Type
Value Add
Site & Location
Traffic Count
26,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Amenities
large front deck
atrium-style interior
rear storage area
Building Details
Year Built
1920
Buildings
1
Stories
1
Units
1
Tenancy
Single
Listing Agency:
Austin Real Estate L.L.C.
Listed By:
Andrew Austin · License #TN 355752
Source:
Crexi
Added: May 9
Changed: Oct 13
Last Checked: Oct 14 at 7:49PM
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 Austin Real Estate L.L.C.
Investment Insights
Based on property information with market context.
This three-story mixed-use property contains approximately 4,127 square feet and dates to 1920. Interior features include an atrium spanning the first two floors, a large front deck, and rear storage space. The third floor has a complete studio apartment with access from the roof and main level, adding residential functionality to the commercial layout. Parking is available on the large lot.
The property fronts Brainerd Road in Chattanooga, with reported daily traffic exceeding 26,000 vehicles. Downtown Chattanooga, I-24, and Hamilton Place Mall are each described as minutes away. Surrounding development includes retail, restaurants, and residential neighborhoods. C2 zoning supports the property’s mixed-use positioning.
The property fronts Brainerd Road in Chattanooga, with reported daily traffic exceeding 26,000 vehicles. Downtown Chattanooga, I-24, and Hamilton Place Mall are each described as minutes away. Surrounding development includes retail, restaurants, and residential neighborhoods. C2 zoning supports the property’s mixed-use positioning.
Key Highlights
- Approximately 4,127 square feet across three stories
- C2 zoning with commercial and residential components
- Atrium‑style interior across the first two floors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,357
Cap Rate
6.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$947,140
$947.1K
Cap Rate 7%
$676,529
$676.5K
Cap Rate 9%
$526,189
$526.2K
Market Conditions
NOI Build-Up for 4,127 SF
Gross rent
$74.3K $18.00/SF
− Vacancy
−$11.1K −$2.70/SF
EGI
$63.1K $15.30/SF
− OpEx
−$15.8K −$3.82/SF
NOI
$47.4K $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%
$947,140
Cap Rate 7%
$676,529
Cap Rate 9%
$526,189
Alternative Uses
Best Use
Office B
$676.5K
$592.0K – $789.3K
NOI $47,357 @ 7.0% cap · market cap 6.91%
Second Best
Mixed Use
$650.9K
$569.5K – $759.4K
NOI $45,562 @ 7.0% cap · market cap 6.65%
Theoretical Best
Office A
$911.5K
$797.5K – $1.06M
NOI $63,803 @ 7.0% cap · market cap 9.31%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
26,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
552
Businesses Nearby
Explore this area
Business Placement
Demographics for 37411, TN
17,499
Population
8,807
Households
2
Avg Household Size
40
Median Age
29%
College-Educated
90%
High-School Grad
7.3 sq mi
ZIP Area
2,397
Density / Sq Mi
$50,180
Median Household Income
$34,045
Median Earnings
$1,031
Median Rent
$216,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - C2-zoned property with an atrium interior, front deck, and studio apartment configuration.
Where is this mixed-use property located?
The property is located at 3709 BRAINERD RD Chattanooga, TN.
What is the asking price?
The asking price for this property is $685,000.
What are key features of this property?
This property features: Approximately 4,127 square feet across three stories; C2 zoning with commercial and residential components; Atrium‑style interior across the first two floors
