Financial
Distress signals
Property profile

964 Dodson Ave Chattanooga, TN 37406

FOR SALE
Turn key restaurants
Property ID
US80-1767250
2,382 SF 0.65 ac lot Built 1960
Last sale Dec 2022 · $300,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional redevelopment opportunity presents a 2,382-square-foot vacant building situated on a 1.4-acre corner lot in the heart of downtown Chattanooga, Tennessee. Located at 964 Dodson Ave, this property boasts high visibility on a heavily trafficked road (2023 traffic count: 6,642 vehicles). The building, constructed in 1960, has been completely gutted to the studs, offering a blank canvas for a diverse range of uses. Its R-2 zoning permits various possibilities, including…

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?
$831
Tax billed · 2023
Assessed value$37k
Effective rate2.24%

Value estimate

· Sep 2026
$270k
$243k – $297k
NOI build-up
Gross scheduled income$48k
Vacancy & credit loss−$7k
Operating expenses−$10k
NOI · 6.45% cap applied$31k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$349/SF
Submarket average, outlier-cleaned · 120 recorded sales of this use type
Observed band · Q1–Q3$126 – $595
Qualifying comparables6

Cap rate analysis

How does the asset earn?
6.45%
$31k 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?
R2
JurisdictionHAMILTON

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency23.9
Law Firm22.3
Spa & Massage16.7

Location

964 Dodson Ave Chattanooga, TN 37406
County assessor Recorded deeds · 3 transfers 6 qualifying comp sales 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
2407 Glass, Chattanooga, TN 37406-3821 $4,000 Jun 2024 2,691 SF
2523 Glass, Chattanooga, TN 37406-2073 $25,000 May 2024 3,200 SF
810 Dodson, Chattanooga, TN 37406-4131 $275,000 Feb 2024 1,915 SF
3423 Amnicola, Chattanooga, TN 37406-1711 $675,000 Jan 2022 3,762 SF
1302 Holtzclaw, Chattanooga, TN 37406-3069 $687,500 Oct 2021 2,416 SF
1725 Orch Knob, Chattanooga, TN 37406-2828 $61,500 Jun 2021 1,991 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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