Property profile

5119 Highway 11 Calhoun, TN 37309

OFF-MARKET
Retail properties & Spaces
3,910 SF 1.09 ac lot Built 1989
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Property summary

AI-generated overview

This exceptional commercial property, located at 5119 Highway 11 S in Calhoun, Tennessee, presents a unique investment opportunity. The 3,910 square foot building sits on a 1.09-acre lot and offers high visibility due to its prime Highway 11 location. Previously a Hardee's restaurant, the building retains some existing kitchen equipment and fixtures, making it ideal for a food service business. However, its adaptable layout allows for a variety of commercial uses, including retail or office space. The property benefits from its position in a growing area, offering easy access to nearby towns like Charleston, and major routes connecting to Cleveland, Athens, and Chattanooga. This translates to a strong potential customer base drawn from both local residents and travelers. The supportive local economy further enhances the property's appeal. The combination of size, location, and existing infrastructure makes this a compelling opportunity for entrepreneurs and investors seeking a foothold in a thriving Tennessee market. The asking price is $895,000.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1989
Total area 3,910 SF
Lot 1.09 ac (47,480 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5119 Highway 11 Calhoun, TN 37309
Calhoun metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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