Mixed-Use Property with
For Sale
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4431 HWY 58, Chattanooga, TN 37416
Commercially zoned building combining office and retail functions along Highway 58 in Chattanooga.
Property Size3,040 SF
Price / SF$131.25
Days on Market53
Property Features for 4431 HWY 58
General Information
Standard status
Active
Size
3,040 SF
Property subtype
Retail, Office, Mixed Use
Zoning
Commercial
Investment Type
Owner/User
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
1958
Buildings
1
Stories
1
Units
1
Tenancy
Single
Building Size
3,040 SF
Listing Agency:
Horizon Sotheby's International Realty.
Listed By:
Byron Kelly · License #TN 281751
Source:
Crexi
Added: Aug 26
Changed: Oct 6
Last Checked: Oct 16 at 9:40AM
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 Horizon Sotheby's International Realty.
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Investment Insights
Based on property information with market context.
This 3,040-square-foot mixed-use commercial building combines office and retail functions within a well-maintained property constructed in 1958. The space is currently being used for an established retail operation, with a visible storefront, direct road access, and an interior described as ready for occupancy.
The property is located at 4431 Hwy 58 in Chattanooga, with direct frontage along the highway and exposure to heavy traffic. Established retail businesses, a grocery store, restaurants, and additional commercial activity surround the site. Commercial zoning supports the existing retail use and the property’s office, retail, and other commercial-use profile.
The property is located at 4431 Hwy 58 in Chattanooga, with direct frontage along the highway and exposure to heavy traffic. Established retail businesses, a grocery store, restaurants, and additional commercial activity surround the site. Commercial zoning supports the existing retail use and the property’s office, retail, and other commercial-use profile.
Key Highlights
- 3,040 SF mixed‑use commercial building
- Commercial zoning
- Office and retail configuration
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,562
Cap Rate
8.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$671,240
$671.2K
Cap Rate 7%
$479,457
$479.5K
Cap Rate 9%
$372,911
$372.9K
Market Conditions
NOI Build-Up for 3,040 SF
Gross rent
$58.4K $19.20/SF
− Vacancy
−$4.7K −$1.54/SF
EGI
$53.7K $17.66/SF
− OpEx
−$20.1K −$6.62/SF
NOI
$33.6K $11.04/SF
Area
Chattanooga, TN
Vacancy
8.00%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$671,240
Cap Rate 7%
$479,457
Cap Rate 9%
$372,911
Alternative Uses
Best Use
Mixed Use
$479.5K
$419.5K – $559.4K
NOI $33,562 @ 7.0% cap · market cap 8.41%
Second Best
Retail
$335.6K
$293.7K – $391.6K
NOI $23,493 @ 7.0% cap · market cap 5.89%
Theoretical Best
Office A
$671.4K
$587.5K – $783.3K
NOI $46,998 @ 7.0% cap · market cap 11.78%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
397
Businesses Nearby
161k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 57%
Shops & Services 23%
Groceries 18%
Electronics 1%
Food City
Groceries
29,404 visits/mo
0.1 miles
Speedway
Shops & Services
17,946 visits/mo
0.3 miles
Wendy's
Dining
14,947 visits/mo
0.1 miles
Bojangles' Famous Chicken 'n Biscuits
Dining
12,246 visits/mo
0.2 miles
Starbucks
Dining
11,801 visits/mo
0.0 miles
Demographics for 37416, TN
14,844
Population
6,598
Households
2.2
Avg Household Size
42
Median Age
34%
College-Educated
94%
High-School Grad
20.5 sq mi
ZIP Area
724
Density / Sq Mi
$65,083
Median Household Income
$37,379
Median Earnings
$1,086
Median Rent
$229,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercially zoned building combining office and retail functions along Highway 58 in Chattanooga.
Where is this mixed-use property located?
The property is located at 4431 HWY 58 Chattanooga, TN.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: 3,040 SF mixed‑use commercial building; Commercial zoning; Office and retail configuration
