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Property profile & analytics
FOR SALE
Office Spaces
117 E 7Th St 607-C Chattanooga, TN 37402
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US80-1031592
For Sale
1 / 26
$275,000
117 E 7Th St,Unit 607-C, Chattanooga, TN 37402
View Listing →
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1915
Total area
30,654 SF
Lot
0.1 ac (4,380 SF)
APN
145D A 009
UPID
US80-1031592
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
County Auditing Division County Government Office
-
Hamilton County Equal Employmt County Government Office
-
Hamilton County Finance Administration County Government Office
-
Hamilton County Human Resources County Government Office
-
Hamilton County Telecomms County Government Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
117 East 7th Street 206 F LLC
117 East 7th Street 206 F LLC
since 2026
Last sale
$299,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Chattanooga submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chattanooga submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$17,576
Tax year 2023
Assessed value
$785,600
Assessed 2023
Previous assessed
$785,600
+0.0% YoY
Effective rate
2.24%
On assessed value
Land market value
$175,300
Improvement market value
$1,788,700
Total market value
$1,964,000
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Status
For Sale
Year built
1915
Heating
NONE
Buildings
3
Stories
8
Total area
30,654 SF
Lot
0.1 ac (4,380 SF)
APN
145D A 009
UPID
US80-1031592
Jurisdiction
HAMILTON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1915
Heating
NONE
Stories
8
Buildings
3
Lot
0.1 ac
Current owner
From public records · entity-resolved
117 East 7th Street 206 F LLC
Entity
Mailing address
55 WORKMAN RD, CHATTANOOGA, TN 37410-2079
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
19 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 25, 2026
$436,000
117 East 7th Street 206 F LLC
Ssp Park Tower LLC
Warranty Deed
$328,500 · Total Quality Financial INC
Feb 19, 2026
$294,000
Old Magnolia Properties LLC
Ssp Park Tower LLC
Warranty Deed
—
Feb 19, 2026
$289,000
Old Magnolia Properties LLC
Ssp Park Tower LLC
Warranty Deed
—
Feb 19, 2026
$225,000
Old Magnolia Properties LLC
Ssp Park Tower LLC
Warranty Deed
—
Feb 19, 2026
$299,000
Old Magnolia Properties LLC
Ssp Park Tower LLC
Warranty Deed
—
Feb 19, 2026
$459,000
Old Magnolia Properties LLC
Ssp Park Tower LLC
Warranty Deed
—
Feb 19, 2026
$270,000
Old Magnolia Properties LLC
Ssp Park Tower LLC
Warranty Deed
—
Feb 19, 2026
$215,000
Old Magnolia Properties LLC
Ssp Ark Tower LLC
Warranty Deed
—
Feb 19, 2026
$236,000
Old Magnolia Properties LLC
Ssp Park Tower LLC
Warranty Deed
—
Jan 13, 2026
$449,000
Michael B Turner
Ssp Park Tower LLC
Warranty Deed
—
Dec 23, 2025
$299,000
117 Park LLC
Ssp Park Tower LLC
Warranty Deed
—
Dec 8, 2025
$269,000
Brian Ferguson
Ssp Park Tower LLC
Warranty Deed
$192,066 · Lendsure Mortgage Corp
Nov 13, 2025
$350,000
Gwena Croft
Ssp Park Tower LLC
Warranty Deed
—
Oct 30, 2025
—
Aln Managemnet LLC
—
Deed
related
$157,794 · Lendsure Mortgage Corp
Aug 18, 2025
—
Chattanooga East 7th Dev LLC
Southern Spear Properties LLC
Deed
related
—
Nov 1, 2022
—
Southern Spear Properties LLC
117 7th LLC
Quit Claim Deed
related
$2,650,000 · 117 7th LLC
Nov 1, 2022
$4,500,000
Southern Spear Paroperties LLC
117 7th LLC
Special Warranty Deed
—
Feb 3, 2021
$1,800,000
117 7th LLC
Great Western Land Acquisition Corp
Special Warranty Deed
$1,350,000 · Great Western Land Acquisition Corp
Jun 22, 2020
$1,550,000
Great Wstn Land Acquisition Co
Hamilton Cnty
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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