Financial
Distress signals
Property profile

321 Browns Ferry Rd Chattanooga, TN 37419

FOR SALE
Grocery and convenience stores
Property ID
US80-0904556
49,785 SF 7.4 ac lot Built 1988
Last sale Aug 2019 · $1,600,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A retail strip center located at 321 Browns Ferry Rd in Chattanooga, Tennessee, positioned just off Hwy 24. The property is configured with multiple retail spaces designed to accommodate a range of uses, including retail, food service, and other service-oriented businesses, with adaptable space sizes. It features on-site parking intended to serve customers and staff, and the center benefits from its setting near established residential neighborhoods, along with proximity to nearby retail, dining, and fitness amenities.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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?
$19k
Tax billed · 2023
Assessed value$861k
Effective rate2.24%

Value estimate

· Sep 2026
$1.65M
$1.48M – $1.81M
Submarket $/SF estimate$2.88M
NOI build-up
Gross scheduled income$645k
Vacancy & credit loss−$52k
Operating expenses−$178k
NOI · 7.91% cap applied$415k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$122/SF
Submarket average, outlier-cleaned · 188 recorded sales of this use type
Observed band · Q1–Q3$58 – $200

Cap rate analysis

How does the asset earn?
7.91%
$415k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C2
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 Supply15.6
Dental Office14.8
Law Firm13.7

Location

321 Browns Ferry Rd Chattanooga, TN 37419
County assessor Recorded deeds · 4 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
200 Browns Fry, Chattanooga, TN 37419-1722 $2,086,288 Feb 2024 2,672 SF
18039 Hwy 41, Chattanooga, TN 37419-2626 $450,000 Apr 2022 5,582 SF
312 Browns Fry, Chattanooga, TN 37419-1504 $179,698 May 2021 8,262 SF
151 Browns Fry, Chattanooga, TN 37419-1706 $1,690,007 Aug 2020 12,380 SF
2502 Cummings, Chattanooga, TN 37419-1825 $150,000 Jun 2019 2,669 SF
2915 Cummings, Chattanooga, TN 37419-2356 $50,000 Dec 2018 2,848 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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