Financial
Distress signals
Property profile

1032 Mccallie Ave Chattanooga, TN 37403

FOR LEASE
Medical Office Space
Property ID
US80-1661442
30,973 SF 2.12 ac lot Built 2007
Last sale May 2017 · $4,600,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
1032 Mccallie Ave, Chattanooga, TN 37403 For Lease
$17.50 SF/Yr 4,818 SF available
1032 Mccallie Ave, Chattanooga, TN 37403
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Property summary

AI-generated overview

A 4,818-square-foot medical office space located off McCallie Avenue in the Chattanooga area, providing access to downtown Chattanooga and nearby healthcare facilities including Erlanger, Memorial, and Parkridge Hospitals, as well as the University of Tennessee at Chattanooga. The interior layout includes a reception area, eight exam rooms each with sinks, three offices, a break room, a lab area, and an X-ray room. The space is served by three private restrooms and includes a storage area. Parking is available for both employees and patients.

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?
$51k
Tax billed · 2023
Assessed value$2.30M
Effective rate2.24%

Value estimate

· Sep 2026
$7.54M
$6.78M – $8.29M
Submarket $/SF estimate$7.53M
NOI build-up
Gross scheduled income$98k
Vacancy & credit loss−$9k
Operating expenses−$36k
NOI · 306,657.14% cap applied$54k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$248/SF
Submarket average, outlier-cleaned · 60 recorded sales of this use type
Observed band · Q1–Q3$138 – $373

Cap rate analysis

How does the asset earn?
306,657.14%
$54k 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?
C3
JurisdictionHAMILTON

Location intelligence

Which uses thrive at this corner?
Best fit: Nail Salon
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Nail Salon10.9
Auto Parts Store10.4
Storage Facility9.9

Location

1032 Mccallie Ave Chattanooga, TN 37403
County assessor Recorded deeds · 5 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

2 recorded sales · 18 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1010 3rd St, Chattanooga, TN 37403-2109 $6,900,000 Dec 2024 No data
823 Mccallie, Chattanooga, TN 37403-2613 $375,000 Sep 2020 3,168 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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