Two-Level Office
For Sale
Contact for pricing
6176 Heritage Business Court, Chattanooga, TN 37421
Commercially zoned office property with private work areas, reception space, kitchen, and storage.
Property Size2,500 SF
Price / SF$199.96
Days on Market91
Property Features for 6176 Heritage Business Court
General Information
Standard status
Active
Size
2,500 SF
Class
B
Property subtype
Office
Zoning
Commercial
Site & Location
Neighborhood
Shepherd Community Council
Utilities to Site
Yes
Additional Details
Office Units
6
Building Details
Year Built
1989
Year Renovated
2017
Buildings
1
Stories
2
Units
1
Tenancy
Multi
Listing Agency:
RE/MAX Properties
Listed By:
Daniel Hunter · License #TN 343739
(423) 605-9713
Source:
Crexi
Added: Jul 30
Changed: Oct 26
Last Checked: Oct 28 at 6:15AM
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 RE/MAX Properties
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,500-square-foot office building, constructed in 1989, provides a two-level configuration suited to professional operations. The main floor contains five offices, two half bathrooms, a lobby, and reception area. Each office includes closet storage, adding practical workspace support without relying solely on common areas.
The upper level adds a kitchen, a sixth large office, a walk-through storage room, and a full bathroom with a shower. The property is zoned Commercial and is located at 6176 Heritage Business Court in Chattanooga, Tennessee. The building’s layout combines multiple enclosed offices with reception, staff amenities, and dedicated storage across both floors.
The upper level adds a kitchen, a sixth large office, a walk-through storage room, and a full bathroom with a shower. The property is zoned Commercial and is located at 6176 Heritage Business Court in Chattanooga, Tennessee. The building’s layout combines multiple enclosed offices with reception, staff amenities, and dedicated storage across both floors.
Key Highlights
- 2,500‑square‑foot office building on a two‑level layout
- Six large offices, including five on the main level
- Main floor includes lobby, reception area, and two half bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,688
Cap Rate
5.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$573,760
$573.8K
Cap Rate 7%
$409,829
$409.8K
Cap Rate 9%
$318,756
$318.8K
Market Conditions
NOI Build-Up for 2,500 SF
Gross rent
$45.0K $18.00/SF
− Vacancy
−$6.8K −$2.70/SF
EGI
$38.3K $15.30/SF
− OpEx
−$9.6K −$3.82/SF
NOI
$28.7K $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%
$573,760
Cap Rate 7%
$409,829
Cap Rate 9%
$318,756
Alternative Uses
Best Use
Office B
$409.8K
$358.6K – $478.1K
NOI $28,688 @ 7.0% cap · market cap 5.74%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$552.1K
$483.1K – $644.2K
NOI $38,650 @ 7.0% cap · market cap 7.73%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
6
Office units
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
697
Businesses Nearby
Explore this area
Business Placement
Demographics for 37421, TN
51,686
Population
23,978
Households
2.2
Avg Household Size
40
Median Age
38%
College-Educated
92%
High-School Grad
31.7 sq mi
ZIP Area
1,630
Density / Sq Mi
$79,958
Median Household Income
$44,452
Median Earnings
$1,313
Median Rent
$299,600
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Commercially zoned office property with private work areas, reception space, kitchen, and storage.
Where is this office building located?
The property is located at 6176 Heritage Business Court Chattanooga, TN.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: 2,500‑square‑foot office building on a two‑level layout; Six large offices, including five on the main level; Main floor includes lobby, reception area, and two half bathrooms
