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Property profile & analytics
OFF-MARKET
Lifestyle centers

5630 Tn-153 Chattanooga, TN 37343

7,700 SF 1.18 ac lot
Property ID
Property summary
AI-generated overview

This 7,700 square foot shopping center is located at 5630 TN-153 in Chattanooga, Tennessee, 37343, within Hamilton County. The property, a single-story, Class C building on a 1.18-acre lot, is zoned C2 and features eight units currently 80% occupied by five tenants. The asking price is $1,400,000 ($181.82/SF). The center underwent renovations in 2022, including exterior repainting. Leases are gross, month-to-month or one-year terms, with tenants open to longer-term agreements. The property presents a redevelopment opportunity for investors, particularly those considering a 1031 exchange. Its prime location between a Super Walmart and Target ensures high visibility and foot traffic. The thriving commercial area of Hwy 153 offers strong potential for growth and return on investment. The property's location benefits from excellent transportation access via Hwy 153, proximity to residential neighborhoods, and a variety of nearby amenities including restaurants, community services, and recreational opportunities. This makes it an attractive investment in a rapidly expanding commercial district.

Property profile
Verified
Property type Lifestyle centers
Total area 7,700 SF
Lot 1.18 ac (51,401 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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