Office Building with Conference
822 McCallie Ave Chattanooga, TN 37403
For Sale
Contact for pricing
Pending
Office building includes 11 offices, a conference room, and three bathrooms with 24 parking spaces on-site.
Property Size4,395 SF
Days on Market254
Property Features for 822 McCallie Ave
General Information
- Standard status
- Pending
- Size
- 4,395 SF
- Property subtype
- Office
Building Details
- Year Built
- 1980
Listing Agency:
The Group Real Estate Brokerage
Listed By:
Nathan Walldorf · License #296565
Source:
Crexi
Added: Nov 14, 2025
Changed: Jul 23
Last Checked: Jul 24 at 6:31PM
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 The Group Real Estate Brokerage
Investment Insights
Based on property information with market context.
This office building features 11 private offices, a conference room, and three bathrooms, with space available for a new owner to apply finishing touches to suit their operations. The property is configured as a functional office suite within a standalone building footprint.
Located on McCallie Ave next to the University of Tennessee at Chattanooga, the building benefits from on-site parking in front and beside the structure, totaling 24 parking spots. The site is zoned UCX4 for four-story mixed-use purposes.
With its existing office layout, conference room, and parking supply, the building is positioned for professional use while aligning with the broader mixed-use intent of the UCX4 zoning district.
Located on McCallie Ave next to the University of Tennessee at Chattanooga, the building benefits from on-site parking in front and beside the structure, totaling 24 parking spots. The site is zoned UCX4 for four-story mixed-use purposes.
With its existing office layout, conference room, and parking supply, the building is positioned for professional use while aligning with the broader mixed-use intent of the UCX4 zoning district.
Key Highlights
- Office building built in 1980 with 11 offices, a conference room, and 3 bathrooms
- On‑site parking for 24 vehicles in front and beside the building
- Zoned UCX4 for 4‑story mixed‑use purposes accommodating a variety of building forms
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $79.1k | $18.00 |
| − Vacancy | −$11.9k | −$2.70 |
| EGI | $67.2k | $15.30 |
| − OpEx | −$16.8k | −$3.82 |
| NOI | $50.4k | $11.48 |
4,395 SF · lease $18.00/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$720.5K
$630.4K – $840.6K
NOI $50,433 @ 7.0% cap · market cap 3.48%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$970.7K
$849.3K – $1.13M
NOI $67,946 @ 7.0% cap · market cap 4.69%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Salvation Army
Church
FAQs
What type of property is this?
Office building - Office building includes 11 offices, a conference room, and three bathrooms with 24 parking spaces on-site.
Where is this office building located?
The property is located at 822 McCallie Ave Chattanooga, TN.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Office building built in 1980 with 11 offices, a conference room, and 3 bathrooms; On‑site parking for 24 vehicles in front and beside the building; Zoned UCX4 for 4‑story mixed‑use purposes accommodating a variety of building forms
