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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    4343 Hwy 58 Chattanooga, TN 37416-2928

    • Turn key restaurants
    • 1,615 SF
    • 0.58 lot acres
    OFF-MARKET
    Value Estimations
    $930,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US80-1716581
    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

    • Turn key restaurants

    Property Details for 4343 Hwy 58

    Year built
    2004
    Lot size
    0.58 lot acres
    Property size
    1,615 SF
    Zone code
    C2
    Property type
    Turn key restaurants
    APN
    128E D 008.02
    APU
    128ED00802

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $927,000
      Market price range: $203k - $961k
      AI Estimate
      $927,000
      Market price range: $203k - $961k

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

    Location Insight

    • Map
    • Local Demand
    City
    Chattanooga
    County
    Hamilton
    State
    Tennessee
    Longitude
    -85.2043
    Latitude
    35.0838
    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
    $5,872
    $0.00
    $0.00
    $262,480
    -
    $416,900
    $239,300
    $656,200

    Comparable in this City

    • Value Estimation
      $720,000
      3,303 SF

      4839 Hwy 58

      RESTAURANT • 3,303 SF
      4839 Hwy 58, Chattanooga, TN 37416-1826
      View Details
    • Value Estimation
      $1,315,000
      10,464 SF

      4817 Hwy 58

      RESTAURANT • 10,464 SF
      4817 Hwy 58, Chattanooga, TN 37416-1890
      View Details
    • Value Estimation
      $795,000
      4,603 SF

      4604 Skyview Dr

      RESTAURANT • 4,603 SF
      4604 Skyview Dr, Chattanooga, TN 37416-3025
      View Details
    • Value Estimation
      $555,000
      2,840 SF

      4511 Hwy 58

      RESTAURANT • 2,840 SF
      4511 Hwy 58, Chattanooga, TN 37416-3010
      View Details
    • Value Estimation
      $980,000
      2,239 SF

      4416 Hwy 58

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,239 SF
      4416 Hwy 58, Chattanooga, TN 37416-3015
      View Details
    • Value Estimation
      $1,380,000
      3,382 SF

      4766 Hwy 58

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,382 SF
      4766 Hwy 58, Chattanooga, TN 37416-2203
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3,065 SF

      Chattanooga QSR Investment Opportunity

      Prime Fast Food Location, High Traffic Area
      4428 Tn-58, Chattanooga, TN 37416
      View Details
    • $4,631,900
      10,560 SF

      Historic Chattanooga Retail Portfolio

      Prime Southside Retail Investment Opportunity
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      View Details
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      New Retail Property on Corner

      New retail property on hard corner with long-term lease.
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    • Contact for pricing

      Former Car Wash on Highway

      4,048 SF car wash on 0.64 AC for sale.
      4907 Tennessee 58, Chattanooga, TN 37416
      View Details
    • $475,000
      3.50 Acres

      Development Land Near Highway 58

      3.5-acre land parcel near Highway 58 in Chattanooga, Tennessee.
      8620 N Hickory Valley Rd, Chattanooga, TN 37416
      View Details
    • $449,000
      10.00 Acres

      Chattanooga Land Parcel For Sale

      10-acre parcel near Booker T. Washington State Park and Chickamauga Lake.
      6130 Champion Rd, Chattanooga, TN 37416
      View Details

    Similar Nearby for Lease

    • $12 SF/Yr
      25,380 SF

      Highway 58 Retail/Office Space

      Retail and office space with roadside visibility and ample parking.
      4421 Highway 58, Chattanooga, TN 37416
      View Details
    • $228 SF/Yr
      7,035 SF

      Highway 58 Chattanooga Office Space

      Prime Chattanooga Office, 7,035 SF
      4531 Tn-58, Chattanooga, TN 37416
      View Details
    • $12 SF/Yr
      58,195 SF

      Chattanooga Warehouse Space Available

      Industrial Warehouse, Multiple Units
      3903 Volunteer Dr, Chattanooga, TN 37416
      View Details

    Property Visit Statistics

    • Visits by month
      14.3k
    • Visitors by month
      5.9k
    • Avg Time on site
      9 min
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    4343 Hwy 58
    Chattanooga, TN 37416-2928
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    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
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