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Property profile & analytics
OFF-MARKET
Estimated value
$2,450,000
Warehouses
1400 Broad St, Chattanooga, TN 37402-4409
Entity Owned
4-yr Hold
Free & Clear
Property ID
US80-0695281
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1906
Total area
13,220 SF
Lot
0.9 ac (39,000 SF)
Zoning code
M1
APN
145K J 001
UPID
US80-0695281
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
-
parkingmgt.com Parking Lot & Garage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.45M
Owner & transaction history
Vision Chattanooga Main Street LLC · 4 yrs held
Vision Chattanooga Main Street LLC
since 2021
Last sale
$3.3M
6 recorded transactions
Zoning & alternative use
M1 · Chattanooga, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$3.3M
+274.4%
Auto repair, garage
$2.8M
+220.1%
Commercial (general)
$2.2M
+150.1%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$3,285,000
Change: +274% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,805,000
Change: +220% · Conversion: Easy
COMMERCIAL (GENERAL)
$2,195,000
Change: +150% · Conversion: Difficult
RETAIL STORES
$1,605,000
Change: +83% · Conversion: Moderate
Blend value · Realmo final
$2.45M
Range $2.21M – $2.70M · ±10% · vs last sale $3.25M (Dec 17 2021)
Last sale anchor
$3.25M
Dec 17 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$185 / SF
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
$8,868
Tax year 2023
Assessed value
$396,360
Assessed 2023
Previous assessed
$396,360
+0.0% YoY
Effective rate
2.24%
On assessed value
Land market value
$975,000
Improvement market value
$15,900
Total market value
$990,900
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1906
Heating
YES
Stories
1
Total area
13,220 SF
Lot
0.9 ac (39,000 SF)
Zoning code
M1
APN
145K J 001
UPID
US80-0695281
Jurisdiction
HAMILTON
Zoning & alternative use
M1 · Chattanooga, TN
Zoning M1 · permitted uses
M1 · Chattanooga, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Chattanooga. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING
Est. value
$3.3M
AUTO REPAIR, GARAGE
Est. value
$2.8M
COMMERCIAL (GENERAL)
Est. value
$2.2M
RETAIL STORES
Est. value
$1.6M
MEDICAL BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1906
Heating
YES
Stories
1
Lot
0.9 ac
Current owner
From public records · entity-resolved
Vision Chattanooga Main Street LLC
Entity
Free & Clear · 4 yrs held
Mailing address
411 BROAD ST STE #401, CHATTANOOGA, TN 37402-1311
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 17, 2021
$3,250,000
Vision Chattanooga Main Street LLC
George L Liner II
Warranty Deed
—
Nov 13, 2009
—
George L Liner III
—
Trustees Deed
related
$980,000 · First Tennessee Bank National
May 6, 1996
—
George L Liner III
—
Deed Of Trust
related
—
—
—
Liner,george L III & Susan T
—
Loan Modification
related
$400,837 · First Tn Bk
—
—
Liner,george L III & Susan T
—
Deed Of Trust
related
$430,000 · Cohutta Bkng
—
—
George L Liner III
—
Deed Of Trust
related
$37,460 · First Tennessee Bank National
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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