Financial
Distress signals
Property profile

2602 E Main St Chattanooga, TN 37404

FOR SALE
Office Spaces
Property ID
US80-1932532
13,500 SF 0.18 ac lot Built 1935
Last sale May 2020 · $550,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. 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?
$19k
Tax billed · 2023
Assessed value$836k
Effective rate2.24%

Value estimate

· Sep 2026
$800k
$720k – $880k
NOI build-up
Gross scheduled income$243k
Vacancy & credit loss−$36k
Operating expenses−$52k
NOI · 7.04% cap applied$155k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$119/SF
ZIP average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$59 – $188
Qualifying comparables3

Cap rate analysis

How does the asset earn?
7.04%
$155k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C2
JurisdictionHAMILTON

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency29.5
Dental Office24.8
Spa & Massage17.7

Location

2602 E Main St Chattanooga, TN 37404
County assessor Recorded deeds · 2 transfers 3 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 · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2415 Mccallie, Chattanooga, TN 37404-3322 $8,102,000 Jan 2026 30,596 SF
1400 Mccallie, Chattanooga, TN 37404-2927 $1,175,000 Apr 2025 14,560 SF
1517 28th, Chattanooga, TN 37404-5724 $705,000 Mar 2025 5,620 SF
400 Holtzclaw, Chattanooga, TN 37404-1916 $2,550,000 Jun 2024 13,342 SF
2000 Vance, Chattanooga, TN 37404-3610 $4,000,000 Apr 2023 5,258 SF
513 Dodds, Chattanooga, TN 37404-3909 $935,000 Nov 2021 9,035 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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