Financial
Distress signals
Property profile

1607 Central Ave Chattanooga, TN 37408

OFF-MARKET
Outlet malls
Property ID
US80-1666295
23,904 SF 1.28 ac lot Built 1950
Last sale Feb 2018 · $515,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This for-lease office property at 1607 Central Ave in Chattanooga’s Southside consists of multiple office suites and includes significant outdoor patio space for tenant use. Two of the suites are equipped with grease traps, an amenity suited to businesses that require grease management. The building is located within walking distance of Oddstory Brewing and is near dining, retail, and entertainment options, with access to Interstate 24 for commuting. Nearby cultural attractions include the Hunter Museum of American Art and the Tennessee Aquarium.

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?
$1k
Tax billed · 2023
Assessed value$61k
Effective rate2.24%

Value estimate

· Sep 2026
$1.39M
$1.25M – $1.52M
Submarket $/SF estimate$1.38M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$122/SF
Submarket average, outlier-cleaned · 188 recorded sales of this use type
Observed band · Q1–Q3$58 – $200

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
M1
JurisdictionHAMILTON

Location intelligence

Which uses thrive at this corner?
Best fit: Carpet & Flooring Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Carpet & Flooring Store8.9
Dry Cleaner8.8
Bakery8.7

Location

1607 Central Ave Chattanooga, TN 37408-2218
County assessor Recorded deeds · 2 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

15 properties in this city
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years, so the properties below are drawn from the whole city. They are neighbours, not transactions.
Comparable in this city
6 properties of the same type in this city
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