5630 Tn-153 Chattanooga, TN 37343
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.