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Property profile & analytics
OFF-MARKET
Gas stations
1518 Central Ave Chattanooga, TN 37408-2215
Individually Owned
7-yr Hold
Free & Clear
Property ID
US80-0234626
Property profile
Verified
Property type
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Year built
2014
Total area
1,518 SF
Lot
0.08 ac (3,675 SF)
Zoning code
M1
APN
146P G 017
UPID
US80-0234626
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
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
Main Grain Gp · 7 yrs held
Main Grain Gp
since 2019
7 recorded transactions
Zoning & alternative use
M1 · Chattanooga, TN
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
$1,917
Tax year 2023
Assessed value
$85,680
Assessed 2023
Previous assessed
$85,680
+0.0% YoY
Effective rate
2.24%
On assessed value
Land market value
$157,200
Improvement market value
$57,000
Total market value
$214,200
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
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Status
Off-Market
Year built
2014
Heating
NONE
Stories
1
Total area
1,518 SF
Lot
0.08 ac (3,675 SF)
Zoning code
M1
APN
146P G 017
UPID
US80-0234626
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.
Building & site characteristics
From public records
Year built
2014
Heating
NONE
Stories
1
Lot
0.08 ac
Current owner
From public records · entity-resolved
Main Grain Gp
Individual
Free & Clear · 7 yrs held
Mailing address
1222 E MAIN ST, CHATTANOOGA, TN 37408-1618
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 7, 2020
—
Main Grain Gp
—
Deed
related
$157,500 · Pinnacle Bk
Mar 25, 2019
$200,000
Main Grain Gp
Kolavo,f Craig
Warranty Deed
—
Jun 12, 2018
—
Cecilia B Barrios
Barrios,epifanio & Cecilia B
Quit Claim Deed
related
—
Sep 12, 2017
—
F Craig Kolavo
Property Towson P E & Dor
Quit Claim Deed
related
—
Sep 12, 2017
$180,000
Fcraig Kolavo
Property Towson P E & Dor
Warranty Deed
—
Oct 14, 2013
—
Engsberg,towson P & D D Trust
Engsberg,dorothy D & Towson P
Quit Claim Deed
related
—
May 3, 2013
$11,000
Towson P Engsberg
Hamilton Cnty
Quit Claim Deed
related
—
—
—
Main Grain Gp
—
Deed Of Trust
related
$157,500 · Pinnacle Bk
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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