337 Hixson St Soddy-Daisy, TN 37379
This 2,000 square foot, single-story building in Soddy-Daisy, Tennessee, presents a unique investment opportunity. Built in 1965 and situated on a 0.2-acre lot zoned R-5, this property boasts a metal roof (8 years old) and HVAC system (8 years old), ensuring low maintenance costs. Recent improvements include a vapor barrier installation in the crawl space and an active yearly termite treatment plan. Its versatile design allows for various uses, including a daycare, community center, school, meeting hall, or continued use as a religious facility. Conveniently located just 20 minutes from downtown Chattanooga, 5 minutes from Soddy Daisy's center, and less than 2 minutes from I-27, this property offers exceptional accessibility. The asking price is $250,000, translating to $125 per square foot. This well-maintained building is ready for immediate occupancy and presents a strong return on investment. The property's history as a church since 1965 speaks to its structural integrity and enduring appeal. Don't miss this chance to acquire a valuable asset in a thriving Tennessee community.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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