Property profile

1938 Central Ave Chattanooga, TN 37408

OFF-MARKET
Parking lots & garages
Property ID
US80-1278403
8525.77 ac lot
Entity Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Parking lots & garages
Use group PARKING GARAGE, PARKING STRUCTURE
Lot 8525.77 ac (371,382,541 SF)
Zoning code M1
APN 156A A 046
UPID US80-1278403

Cap rate & NOI

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

Location

1938 Central Ave Chattanooga, TN 37408
Chattanooga metro Census 2600 CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.53M

Owner & transaction history

since 2023
Last sale
$1.5M
5 recorded transactions
2023
$1.5M
2023
Price N/A
2011
$630,000
2009
$260,000
2006
Price N/A

Zoning & alternative use

M1 · Chattanooga, TN

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
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