Financial
Distress signals
Property profile

240 Frst Ave Chattanooga, TN 37405

OFF-MARKET
Office Spaces
Property ID
US80-1970211
936 SF 1 ac lot Built 1986
Last sale Mar 1995 · $70,000
Individually Owned Owner of record is an individual. 29-yr Hold Held for 29 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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
$150k
$135k – $165k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$185/SF
ZIP average, outlier-cleaned · 26 recorded sales of this use type
Observed band · Q1–Q3$77 – $248
Qualifying comparables5

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?
R4
JurisdictionHAMILTON

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service11.1
Pawn Shop10.4
Convenience Store9.9

Location

240 Frst Ave Chattanooga, TN 37405-3971
County assessor Recorded deeds · not on file 5 qualifying comp sales 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

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
340 Frazier, Chattanooga, TN 37405-4050 $1,650,000 Apr 2025 2,296 SF
1303 Hixson, Chattanooga, TN 37405-3151 $125,000 Feb 2025 2,150 SF
617 Signal Mtn, Chattanooga, TN 37405-1921 $695,000 Mar 2024 1,600 SF
1302 Hixson, Chattanooga, TN 37405-3141 $180,000 Mar 2022 1,752 SF
555 Riv, Chattanooga, TN 37405-4132 $1,500,000 Jan 2020 2,916 SF
116 Cross, Chattanooga, TN 37405-1626 $126,000 Jul 2019 1,008 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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