Property profile & analytics
2401 Broad St Chattanooga, TN 37408-2922
- Office properties & Spaces
- 6,762 SF
- 0.14 lot acres
OFF-MARKET
Last Sale
Jul 18, 2023
Jul 18, 2023
$2,000,000
Value Estimations
$1,575,000
Show details
Cap Rate Potential
2.9%
Office properties & Spaces
Location Intelligence
Property ID
US80-1101703
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Current Use by Public Records
- The Hamilton Firm LLC / Law Firm
- Patrick A. Cruise / Law Firm
- NovaWhite / Dental Office
- Brooker Construction Group / Construction Company / General Contractor
Property Details for 2401 Broad St
- Year built
- 1910
- Lot size
- 0.14 lot acres
- Property size
- 6,762 SF
- Zone code
- M1
- Property type
- Office properties & Spaces
- APN
- 145N D 003
- APU
- 145ND003
Description
This exceptional Chattanooga office space, located at 2401 Broad Street, offers 1,494 square feet of immediately available space on the second floor of a two-story building. Built in 1910, this traditional office building features a total of 5,922 square feet across four suites. The available space is ideal for a variety of businesses and includes four private offices, a dedicated conference room, a restroom, and a break room – providing a complete and convenient workspace solution. The property sits on a 0.16-acre lot (6,762 square feet) and offers ample parking with 12 of 20 spaces typically unused. This location provides easy access to I-24, ensuring seamless connectivity throughout Chattanooga. The minimum divisible space is 1,494 square feet, and the maximum contiguous space available is also 1,494 square feet. This presents a unique opportunity to secure a well-appointed office space in a desirable Southside location. The building is a single structure with convenient access and ample parking. This is a turnkey solution for businesses seeking a functional and well-equipped office environment in a vibrant Chattanooga neighborhood. The property's zip code is 37408.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,245,000
- 6.5%
- $1,150,000
- 7%
- $1,065,000
-
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $1,225,000 Current use
- RESTAURANT
- $2,355,000 Change: +93% Conversion: Difficult
- MEDICAL BUILDING
- $1,680,000 Change: +37% Conversion: Easy
- AUTO REPAIR, GARAGE
- $1,435,000 Change: +17% Conversion: Difficult
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Chattanooga
- County
- Hamilton
- State
- Tennessee
- Longitude
- -85.3158
- Latitude
- 35.0301
- CBSA code
- 16860
- CBSA name
- CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,860
$0.00
$0.00
$217,240
-
$133,900
$409,200
$543,100
