Financial
Distress signals
Property profile

308 47th St Chattanooga, TN 37410

OFF-MARKET
Other warehouses
Property ID
US80-2523478
107,772 SF 44.5 ac lot Built 1940
Last sale Mar 2023 · $2,750,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property consists of two separate, leaseable lots located behind St. Elmo on W 31st St. Parcel 1 covers approximately 2.7 acres and is primarily fenced and fully paved, with three gated entrances providing access to the site. Parcel 2 is approximately 1.7 acres, fully fenced, and located at the rear/bottom of the larger parcel; it is surfaced with gravel. The lots are offered as together or separately, but each parcel is not eligible for further subdivision. A vacant office building located

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$16k
Tax billed · 2023
Assessed value$701k
Effective rate2.24%

Value estimate

· Sep 2026
$2.80M
$2.52M – $3.07M
Sales comparison$3.76M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$66/SF
Submarket average, outlier-cleaned · 186 recorded sales of this use type
Observed band · Q1–Q3$35 – $107

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
M1
JurisdictionHAMILTON

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply17.0
Realty agency15.4
Dental Office14.5

Location

308 47th St Chattanooga, TN 37410-1800
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
400 Workman, Chattanooga, TN 37410-2183 $12,260,273 Jul 2025 65,222 SF
3033 Alton Park, Chattanooga, TN 37410-1012 $10,250,000 Jun 2024 100,884 SF
3103 Williams, Chattanooga, TN 37410-1032 $2,500,000 Jan 2024 49,354 SF
47th, Chattanooga, TN 37410 $2,000,000 Jul 2021 118,161 SF
3217 Alton Park, Chattanooga, TN 37410-1016 $1,914,250 Nov 2020 44,736 SF
306 Workman, Chattanooga, TN 37410-2182 $850,000 Sep 2019 25,106 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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