4399 Byrd Ave Chattanooga, TN 37406
This 960-square-foot mixed-use property, located at 4399 Byrd Ave, Chattanooga, TN 37406, presents a unique investment opportunity. Built in 1990, this single-story, Class D building sits on a desirable lot and includes an adjacent 3-acre parcel (128L C 001). Currently zoned R2, the property has the potential for R4 rezoning. The asking price is $250,000, translating to $260.42 per square foot. The property is being sold as-is, but buyers are afforded an inspection period. Two vehicles currently on the site will be removed before closing. This location offers convenient access to Hixson, Highway 58, and Chattanooga itself. The property's wooded setting and proximity to amenities make it an attractive prospect for redevelopment or renovation. Investors and builders alike will appreciate the potential this distressed property offers in a highly desirable area.
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
Similar Nearby for Lease
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.