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Property profile & analytics
OFF-MARKET
Community centers
2114 Chapman Rd Chattanooga, TN 37421-1619
Individually Owned
1-yr Hold
Free & Clear
Property ID
US80-0508378
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1990
Total area
10,984 SF
Lot
1.01 ac (43,996 SF)
Zoning code
M1
APN
138J A 002.20
UPID
US80-0508378
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
-
Out 2 Lunch Catering Service Take-out & Catering
-
Laser Works Engraver Trophy Shop
-
Car Care Now Car Wash
-
Oasis Glass Tinting Interior Design Auto Repair Shop
-
Fixx-A-Dent Paintless Dent Repair Auto Repair Shop
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
Larry D Crane · 1 yrs held
Larry D Crane
since 2025
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
$9,238
Tax year 2023
Assessed value
$412,920
Assessed 2023
Previous assessed
$412,920
+0.0% YoY
Effective rate
2.24%
On assessed value
Land market value
$355,400
Improvement market value
$676,900
Total market value
$1,032,300
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1990
Heating
YES
Stories
1
Total area
10,984 SF
Lot
1.01 ac (43,996 SF)
Zoning code
M1
APN
138J A 002.20
UPID
US80-0508378
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
1990
Heating
YES
Stories
1
Lot
1.01 ac
Current owner
From public records · entity-resolved
Larry D Crane
Individual
Free & Clear · 1 yrs held
Mailing address
PO BOX 15885, CHATTANOOGA, TN 37415-0885
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 7, 2025
—
Larry D Crane
David L Crane
Quitclaim Deed
related
—
Jul 9, 2019
—
Larry D Crane
C & C Tenn Properties LLC
Quit Claim Deed
related
—
Jul 27, 2016
$1,100,000
C & C Tenn Properties LLC
Hall,kenneth L & Russell H
Warranty Deed
—
Jan 21, 2009
—
Russell H Hall
—
Trustees Deed
related
$112,961 · Gateway Bank & Trust
Jul 2, 2003
$655,000
Kenneth L Hall
Dan Connelly INC
Grant Deed
—
Aug 14, 1996
—
Dan Connelly INC
—
Deed Of Trust
related
—
Apr 30, 1996
—
Dan M Connelly
Connelly,dan M
Quit Claim Deed
related
$550,000 · Bank Of East Ridge
—
—
Kenneth L Hall
—
Deed Of Trust
related
$36,630 · Cornerstone Community Bank
—
—
Kenneth L Hall
—
Deed Of Trust
related
$50,000 · Cornerstone Community Bank
—
—
Russell H Hall
—
Deed Of Trust
related
$111,667 · Gateway Bank & Trust
—
—
Russell H Hall
—
Deed Of Trust
related
$112,121 · Gateway Bank & Trust
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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