Office
For Sale
Contact for pricing
4704 Hixson Pike, Hixson, TN 37343
Two floors support separate leasing arrangements for multiple occupants.
Property Size3,632 SF
Price / SF$178.96
Days on Market61
Property Features for 4704 Hixson Pike
General Information
Standard status
Active
Size
3,632 SF
Class
C
Total Parking Spaces
22
Property subtype
Office
Zoning
R-4
Occupancy
100%
Lease Type
Gross
Investment Type
Value Add
Net Operating Income
$60,000
Building Details
Year Built
1966
Year Renovated
2006
Buildings
1
Stories
2
Units
2
Tenancy
Multi
Listing Agency:
NAI Charter Real Estate
Listed By:
Bryan Rudisill · License #TN 241817
(423) 267-6549
Source:
Crexi
Added: Aug 18
Changed: Oct 7
Last Checked: Oct 16 at 6:10AM
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 NAI Charter Real Estate
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 3,632-square-foot office building was constructed in 1966 and is arranged across two floors. Each floor is leased separately, providing a multitenant configuration within the property.
The property is located at 4704 Hixson Pike in Hixson, Tennessee, within the Chattanooga area. It carries R-4 zoning and is offered for sale.
The property is located at 4704 Hixson Pike in Hixson, Tennessee, within the Chattanooga area. It carries R-4 zoning and is offered for sale.
Key Highlights
- 3,632‑square‑foot office building
- Two floors leased separately
- Multitenant office configuration
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,780
Cap Rate
4.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$595,600
$595.6K
Cap Rate 7%
$425,429
$425.4K
Cap Rate 9%
$330,889
$330.9K
Market Conditions
NOI Build-Up for 3,632 SF
Gross rent
$41.4K $11.40/SF
− Vacancy
−$1.7K −$0.47/SF
EGI
$39.7K $10.93/SF
− OpEx
−$9.9K −$2.73/SF
NOI
$29.8K $8.20/SF
Area
Hamilton County, TN
Vacancy
4.10%
Lease Rate
$11.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$595,600
Cap Rate 7%
$425,429
Cap Rate 9%
$330,889
Alternative Uses
Best Use
Office B
$425.4K
$372.3K – $496.3K
NOI $29,780 @ 7.0% cap · market cap 4.58%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$603.1K
$527.7K – $703.7K
NOI $42,219 @ 7.0% cap · market cap 6.50%
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
Location Intelligence
Trade Area within ½ mile
950
Businesses Nearby
Explore this area
Business Placement
Demographics for 37343, TN
43,626
Population
19,031
Households
2.3
Avg Household Size
42
Median Age
38%
College-Educated
93%
High-School Grad
42.1 sq mi
ZIP Area
1,036
Density / Sq Mi
$79,177
Median Household Income
$45,151
Median Earnings
$1,258
Median Rent
$275,300
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?
Office building - Two floors support separate leasing arrangements for multiple occupants.
Where is this office building located?
The property is located at 4704 Hixson Pike Hixson, TN.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 3,632‑square‑foot office building; Two floors leased separately; Multitenant office configuration
