Retail and Office
For Sale
Contact for pricing
5618 Old Mission Road, Chattanooga, TN 37411
Storefront commercial space of approximately 1,748 SF, positioned off Brainerd Road with C-C zoning.
Property Size1,748 SF
Price / SF$171.62
Days on Market115
Property Features for 5618 Old Mission Road
General Information
Standard status
Active
Size
1,748 SF
Class
C
Total Parking Spaces
13
Property subtype
Retail, Office, Mixed Use
Zoning
C-C
Investment Type
Owner/User
Building Details
Year Built
1955
Buildings
1
Stories
1
Listing Agency:
Coldwell Banker Pryor Realty
Listed By:
Leatha Eaves · License #TN 334246
(423) 718-2545
Source:
Crexi
Added: Jun 29
Changed: Oct 5
Last Checked: Oct 20 at 9:15PM
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 Coldwell Banker Pryor Realty
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Investment Insights
Based on property information with market context.
5618 Old Mission Road offers a commercial storefront space totaling approximately 1,748 SF. The property is presented as an opportunity for a retail or office use, with the existing space designed to accommodate business operations.
The location sits right off Brainerd Road in a highly active area of Chattanooga. The space is zoned C-C (Commercial Corridor), providing flexibility for appropriate commercial activity under the local zoning designation.
This offering is available for sale at 5618 Old Mission Road, providing a defined commercial footprint within the C-C zoning district.
The location sits right off Brainerd Road in a highly active area of Chattanooga. The space is zoned C-C (Commercial Corridor), providing flexibility for appropriate commercial activity under the local zoning designation.
This offering is available for sale at 5618 Old Mission Road, providing a defined commercial footprint within the C-C zoning district.
Key Highlights
- Storefront commercial space offers approximately 1,748 SF
- Commercial space is positioned off Brainerd Road
- Zoned C‑C (Commercial Corridor)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,058
Cap Rate
6.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$401,160
$401.2K
Cap Rate 7%
$286,543
$286.5K
Cap Rate 9%
$222,867
$222.9K
Market Conditions
NOI Build-Up for 1,748 SF
Gross rent
$31.5K $18.00/SF
− Vacancy
−$4.7K −$2.70/SF
EGI
$26.7K $15.30/SF
− OpEx
−$6.7K −$3.82/SF
NOI
$20.1K $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%
$401,160
Cap Rate 7%
$286,543
Cap Rate 9%
$222,867
Alternative Uses
Best Use
Office B
$286.5K
$250.7K – $334.3K
NOI $20,058 @ 7.0% cap · market cap 6.69%
Second Best
Retail
$193.0K
$168.9K – $225.2K
NOI $13,509 @ 7.0% cap · market cap 4.50%
Theoretical Best
Office A
$386.1K
$337.8K – $450.4K
NOI $27,024 @ 7.0% cap · market cap 9.01%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,025
Businesses Nearby
Under-served
Demand for This Use
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
Frequently Asked Questions
What type of property is this?
Storefront property - Storefront commercial space of approximately 1,748 SF, positioned off Brainerd Road with C-C zoning.
Where is this storefront property located?
The property is located at 5618 Old Mission Road Chattanooga, TN.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Storefront commercial space offers approximately 1,748 SF; Commercial space is positioned off Brainerd Road; Zoned C‑C (Commercial Corridor)
