Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Property profile & analytics

5811 Lee Hwy Chattanooga, TN 37421

  • Office Properties & Spaces
  • 19,000 SF
  • 1.21 lot acres
Value Estimation
Last Sale
Jan 20, 2022
$825,000
Location Intelligence
Property ID
US80-0811049
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Vision Coordination Services Inc / Social Services Organization
  • Inspire Hair and Beauty / Beauty Salon
  • Shelter Insurance - Bobby Bennett / Auto Insurance Agency / Home Insurance Agency
  • Reign Studio / Hair Extension Technician
  • The Hendrickson Agency - Farmers Insurance / Insurance Agency

Property Details for 5811 Lee Hwy

Year built
1961
Lot size
1.21 lot acres
Property size
19,000 SF
Zone code
C2
Property type
Office Properties & Spaces
APN
158A C 019
APU
158AC019

Description

This exceptional 1,250-square-foot office space is situated at 5811 Lee Highway in Chattanooga, Tennessee, zip code 37421. The property, built in 1961, is a single-story building on a 1.21-acre lot (APN: 158A C 019). Currently configured as a traditional office space with coworking potential, this property offers a single tenant the opportunity to establish a significant presence in a thriving commercial area. The building does not include elevators. Its location along Lee Highway, a major Chattanooga commercial corridor, provides excellent visibility and accessibility. The property's strategic position near Interstates 75 and 24 ensures convenient access for employees and clients alike. The surrounding neighborhood is well-established, characterized by robust commercial activity and ample parking, creating a desirable environment for businesses. This presents a unique opportunity to secure a well-located office space in a growing business hub. One space is currently available for lease. The property type is classified as an office building with multiple tenancy options.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $655,000
  • CAP approach

    CAP return
    Estimation
    6%
    $705,000
    6.5%
    $805,000
    7%
    $775,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $750,000
    Geo Method
    $760,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $620,000
    Retail
    $805,000
    Mixed-Use
    $850,000
    Hospitality
    $780,000
    Educational
    $660,000
    Residential Income
    $755,000
    Energy
    $670,000
    Income-Based Land
    $655,000
    Food Service
    $615,000

Location Insight

  • Map
  • Local Demand
City
Chattanooga
County
Hamilton
State
Tennessee
Longitude
-85.2007
Latitude
35.0214
CBSA code
16860
CBSA name
CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$15,303
$0.00
$0.00
$684,000
-
$1,054,200
$655,800
$1,710,000
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message