Individually Owned Property summary
AI-generated overview
This exceptional Class A, 59,486 square foot, multi-tenant office building is located at 201 W Main Street in Chattanooga, Tennessee's vibrant Southside District. Originally built in 1907 and fully renovated in 2012, the three-story building boasts historical charm blended seamlessly with modern amenities. Currently 100% occupied by a mix of publicly traded companies with long-term leases and a popular ground floor restaurant, The Feed Table & Tavern (6,744 SF including patio), this property represents a truly unique investment opportunity. The sale includes two additional income-producing, professionally managed parking lots, providing a stable and diversified revenue stream. Situated in a dynamic and rapidly growing area, the building benefits from its proximity to a new AAA baseball stadium, further enhancing its appeal and potential for future growth. The property is zoned U-SH-4 and operates under a NNN lease structure. This fully leased trophy asset offers a compelling combination of historical significance, modern functionality, and strong financial performance, making it an ideal addition to any discerning investor's portfolio.
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1907
Total area
9,214 SF
Lot
0.81 ac (35,360 SF)
Zoning code
M1
APN
145L A 005 C200
UPID
US80-2033582
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
-
Corporate Office
-
Consultant Service Establishment
-
Restaurant
-
Environmental Consultant
Location
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
since 2020
Last sale
$11.5M
3 recorded transactions
Zoning & alternative use
M1 · Chattanooga, TN
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 6 comparables with addresses
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Realmo’s models returned no estimation for this property yet.
2
Subject property
Included free
GBA
9,214 SF
Lot area
0.81 ac
Year built
1907
Stories
1
APN
145L A 005 C200
Zoning
M1
Assessed value
$629,160
Annual tax
$14,076
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$948k
Weighted, 6 comps · high confidence
Evidence
6 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
0.7 mi away · 10,901 SF
0.7 mi away · 8,824 SF
6.5 mi away · 7,472 SF
7.3 mi away · 9,435 SF
8.8 mi away · 9,720 SF
5
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 34 sales
$181
-43%
Submarket 438 sales
$150
-31%
County 548 sales
$153
-33%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $103/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
6
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 6 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$11.50M
Move the market yield to see immediate price impact.
Value / SF
$1,248
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$725k
$14.49M
$10.35M
$8.05M
$805k
$16.10M
$11.50M
$8.94M
$886k
$17.71M
$12.65M
$9.84M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
6 found
High confidence · county-verified
Closest comparable
$810k
0.6 mi · Mar 2026 · $91/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$14,076
Tax year 2023
Assessed value
$629,160
Assessed 2023
Previous assessed
$629,160
+0.0% YoY
Effective rate
2.24%
On assessed value
Land market value
$360,500
Improvement market value
$1,212,400
Total market value
$1,572,900
Applied tax rate
1.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1907
Heating
NONE
Stories
1
Total area
9,214 SF
Lot
0.81 ac (35,360 SF)
Zoning code
M1
APN
145L A 005 C200
UPID
US80-2033582
Jurisdiction
HAMILTON
Zoning & alternative use
M1 · Chattanooga, TNZoning M1 · permitted uses
M1 · Chattanooga, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1907
Heating
NONE
Stories
1
Lot
0.81 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
M1
Jurisdiction
Chattanooga, TN
Recorded code
M1
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for M1 in Chattanooga, TN.
What opens after registration
Zoning profile
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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