5704 Tn-153 Chattanooga, TN 37343
This 8,181 square foot, single-story Class B retail building sits on a 46,731 square foot lot in Chattanooga, TN (zip code 37343). Located at 5704 TN-153, this property boasts a prime location on Highway 153 near a Super Walmart, ensuring high visibility and accessibility. Built in 2007, the building is zoned C2 and offers significant potential for various uses, including convenience store, grocery store, or restaurant. The asking price is $1,850,000 ($226.13/sq ft). A key feature is four leased billboards generating passive income. While currently leased, the seller will work to terminate the existing lease upon a purchase agreement, allowing the new owner flexibility. This owner-user investment opportunity presents a strong return potential in a high-traffic area with ample parking. The property's Hamilton County location and proximity to a major retailer make it an attractive investment for entrepreneurs and investors alike. The property includes one building and has a proven track record as a successful retail location.
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.