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    Spacious Home in Hamilton Subdivision Title is generated by Realmo AI

    7358 Pfizer Drive, Ooltewah, TN 37363

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    For Sale
    $415,000

    MULTI_FAMILY - Other - Ooltewah, TN

    Property size:
    2,214 SF
    Lot size:
    0.41 Acres
    Price / SF:
    $187/SF
    Added:
    May 11, 2026
    Days on Market:
    8
    Last Refresh:
    May 18 at 2:06 am

    Property Features for 7358 Pfizer Drive

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    3
    Bathrooms
    3
    Rooms
    Basement, Bathroom 1, Bedroom 1, Bathroom 2, Bedroom 3, Bedroom 2, Bathroom 3
    Parking features
    Open, Driveway, Garage
    Patio and Porch features
    Porch, Deck
    Pets allowed
    Yes
    Interior features
    Breakfast Nook, Cathedral Ceiling(s), Ceiling Fan(s), Crown Molding, Double Closets, Double Vanity, Pantry, Recessed Lighting, Separate Shower, Soaking Tub, Tray Ceiling(s), Tub/shower Combo, Walk-In Closet(s)
    Exterior features
    Rain Gutters
    Fireplace
    1
    Basement
    Full, Finished
    Appliances
    Oven, Microwave, Free-Standing Refrigerator, Electric Water Heater, Electric Range, Electric Oven, Dishwasher
    Standard status
    Active
    APN
    113h F 057
    Size
    2,214 SF
    Lot size
    0.41 Acres

    Taxes and HOA fees

    Tax Description
    LT 1201 HAMILTON ON HUNTER PH 16 PB 91 PG124 REV 93-123 OUT OF 113-006 FOR 2009
    Tax Annual Amount
    1608

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Central Air, Ceiling Fan(s)
    Water source
    Public

    Building Details

    Year built
    2010
    Floors in Building
    2
    Number of units
    1
    Flooring type
    Vinyl, Carpet
    Building materials
    Vinyl Siding
    Roof type
    Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    Erin Bolinger

    Listing agent Erin Bolinger License #359777

    Listing office Zach Taylor - Chattanooga 101 W 21st Street Suite C, Chattanooga, TN

    Listing date May 11, 2026

    MLS# 1534574 Listing URL

    Copyright © 2026 Greater Chattanooga Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Tenant occupied through November 30, 2026, providing immediate rental income.
    • Convenient location: 5 minutes from the lake, 8 minutes to the interstate, and 10 minutes from Cambridge Square and local parks.
    • Flexible living space with potential for a 4th bedroom, bonus room, or secondary living area downstairs.
    • Recent updates: Brand‑new back deck and luxury vinyl plank flooring throughout the upstairs and primary bedroom.
    • Abundant storage: Oversized closets, sprawling flex spaces, and epoxied garage with climate‑controlled storage.
    • Well‑maintained home built in 2010 with beautiful rolling hill views.

    Overview

    Located in the Hamilton on Hunter subdivision at 7358 Pfizer Drive in Ooltewah, Tennessee, this split-level home offers convenient living with easy access to local amenities. Built in 2010, the property features 3 bedrooms and 3 full bathrooms. The home is situated with views of rolling hills. Recent updates include a new back deck with new steps and landing, along with luxury vinyl plank flooring throughout the upstairs and primary bedroom. The property includes storage space, oversized closets, and flex spaces. The epoxied garage offers climate-controlled storage. The downstairs level provides additional living space with potential for a 4th bedroom, bonus room, or secondary living area. The property is tenant occupied through November 30, 2026.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mary's Covenant Home ... Travel Agency

    Suggested Use

    Accounting Firm Department Store Daycare Center Discount Store Storage Facility (Bike/Boat/Book/etc) Store Bakery Travel Agency Pet Store Pet Store & Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ooltewah
    County
    Hamilton
    State
    Tennessee
    Longitude
    -85.1044592
    Latitude
    35.1294926

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    FAQs

    What type of property is this?
    Single family property - Split-level home with investment potential in Ooltewah, Tennessee.
    Where is this single family property located?
    The property is located at 7358 Pfizer Drive Ooltewah, TN.
    What is the asking price?
    The asking price for this property is $415,000.
    What are key features of this property?
    This property features: Tenant occupied through November 30, 2026, providing immediate rental income.; **Convenient location:** 5 minutes from the lake, 8 minutes to the interstate, and 10 minutes from Cambridge Square and local parks.; Flexible living space with potential for a 4th bedroom, bonus room, or secondary living area downstairs.
    (423) 298-6480
    We can help!
    Listing Contact
    Erin Bolinger
    Real Estate License ID: 359777
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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    7358 Pfizer Drive, Ooltewah, TN 37363
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