Property profile

124 Watauga Ln Lookout Mountain, TN 37350

OFF-MARKET
Grocery and convenience stores
Property ID
US80-1134791
3,621 SF 0.41 ac lot Built 2009
Entity Owned Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 2009
Total area 3,621 SF
Lot 0.41 ac (17,744 SF)
Zoning code C5
APN 166L E 009
UPID US80-1134791

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Community Center
  • (Bike/Boat/Book/etc) Store Wine and Liquor Store
  • Gym & Fitness Center

Location

124 Watauga Ln Lookout Mountain, TN 37350-1356
Lookout Mountain metro Census 12000 CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$513k
Blend (final) Blend
$670k

Owner & transaction history

since 2026
Last sale
$825,000
7 recorded transactions
2026
Price N/A
2025
$825,000
2025
Price N/A
2018
Price N/A
2008
Price N/A
2008
Price N/A
2006
$90,000

Zoning & alternative use

C5 · Lookout Mountain, TN
Top alternative use upside
Medical building $840,000 +95.4%
Auto repair, garage $700,000 +62.3%
Commercial (general) $555,000 +29.1%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 124 Watauga Ln?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message