Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    337 Hixson St Soddy-Daisy, TN 37379

    • Churches & religious facilities
    • 2,000 SF
    • 0.20 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US80-0036229
    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

    • Churches & religious facilities

    Property Details for 337 Hixson St

    Year built
    1965
    Lot size
    0.20 lot acres
    Property size
    2,000 SF
    Property type
    Churches & religious facilities
    Property subtype
    Schools

    Description

    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.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Soddy-Daisy
    County
    Hamilton
    State
    Tennessee
    Longitude
    -85.189737
    Latitude
    35.23499864

    Comparable in this City

    • $650,000
      1.00 Acre

      Soddy Daisy One Acre Prime Commercial Lot For Sale

      Land • 1.00 Acre
      9450 Dayton Pike, Soddy-Daisy, TN 37379
      View Details
    • $390,000
      0.49 Acres

      Soddy-Daisy Commercial Land - $390K

      Prime location, 0.49 acres, C-2 & R zoning.
      105 Porter St, Soddy-Daisy, TN 37379
      View Details
    • $299,000
      13.00 Acres

      13 Acres in Soddy Daisy

      13 acre lot off Hwy 27, convenient to many cities.
      Old Dayton Pike, Soddy Daisy, TN 37379
      View Details
    • $32,500
      0.51 Acres

      Soddy Daisy Land For Sale

      0.51 acre lot zoned for manufactured homes near boat ramp.
      Bretton Dr, Soddy Daisy, TN 37379
      View Details
    • $265,000
      Pending

      Bluff-Top Land in Soddy Daisy

      Expansive lot with scenic views and extensive frontage.
      Worley Rd, Soddy Daisy, TN 37379
      View Details
    • $425,000
      15.70 Acres

      Private Wooded Acreage on Mowbray Mountain

      15.7 acres to build your dream estate.
      11003 Worley Rd, Soddy Daisy, TN 37379
      View Details

    Similar Nearby for Sale

    • $650,000
      1.00 Acre

      Soddy Daisy One Acre Prime Commercial Lot For Sale

      Land • 1.00 Acre
      9450 Dayton Pike, Soddy-Daisy, TN 37379
      View Details
    • $390,000
      0.49 Acres

      Soddy-Daisy Commercial Land - $390K

      Prime location, 0.49 acres, C-2 & R zoning.
      105 Porter St, Soddy-Daisy, TN 37379
      View Details
    • $265,000
      Pending

      Bluff-Top Land in Soddy Daisy

      Expansive lot with scenic views and extensive frontage.
      Worley Rd, Soddy Daisy, TN 37379
      View Details
    • $32,500
      0.51 Acres

      Soddy Daisy Land For Sale

      0.51 acre lot zoned for manufactured homes near boat ramp.
      Bretton Dr, Soddy Daisy, TN 37379
      View Details
    • $299,000
      13.00 Acres

      13 Acres in Soddy Daisy

      13 acre lot off Hwy 27, convenient to many cities.
      Old Dayton Pike, Soddy Daisy, TN 37379
      View Details
    • $210,000
      Pending

      Usable Acreage with Gorge Views

      Flat, usable 5-acre homesite with views and towering pines.
      Worley Rd, Soddy Daisy, TN 37379
      View Details

    Similar Nearby for Lease

    • $84,000
      33,106 SF

      Prime Soddy Daisy Commercial Land

      High-traffic location, level lot, utilities available.
      9339 Dayton Pike, Soddy-Daisy, TN 37379
      View Details
    • $6 SF/Yr
      24,060 SF

      Soddy Daisy Industrial Space Available

      Multiple suites, highway frontage, 24,060 sqft
      8408 Gulf View Dr, Soddy-Daisy, TN 37379
      View Details
    • $2,000 /Mo
      1,306,800 SF

      30-Acre Industrial Land Lease

      Prime Soddy-Daisy industrial land, M-2 zoned.
      8490 Frontage Rd, Soddy-Daisy, TN 37379
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    337 Hixson St
    Soddy-Daisy, TN 37379
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.