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Property profile & analytics
OFF-MARKET
Estimated value
$4,030,000
Showrooms
301 20th St Chattanooga, TN 37408-2722
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US80-1854355
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1968
Total area
49,344 SF
Lot
3.5 ac (152,460 SF)
Zoning code
M1
APN
145M F 011
UPID
US80-1854355
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
-
Mtn. View Ford Service Auto Repair Shop
-
Mtn. View Lincoln Parts Auto Parts Store
-
Mountain View Lincoln Car Dealership
-
Mtn. View Ford Car Dealership Auto Repair Shop
-
Electric Vehicle Charging Station Electric Vehicle Charging Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.03M
Blend (final)
Blend
$4.03M
Owner & transaction history
Watson Properties · 5 yrs held
Watson Properties
since 2020
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.03M
Range $3.63M – $4.43M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$82 / SF
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
$22,481
Tax year 2023
Assessed value
$1,004,840
Assessed 2023
Previous assessed
$1,004,840
+0.0% YoY
Effective rate
2.24%
On assessed value
Land market value
$942,200
Improvement market value
$1,569,900
Total market value
$2,512,100
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1968
Heating
YES
Stories
1
Total area
49,344 SF
Lot
3.5 ac (152,460 SF)
Zoning code
M1
APN
145M F 011
UPID
US80-1854355
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
1968
Heating
YES
Stories
1
Lot
3.5 ac
Current owner
From public records · entity-resolved
Watson Properties
Entity
Mailing address
301 E 20TH ST, CHATTANOOGA, TN 37408-2722
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 30, 2020
—
Watson Properties
—
Deed
related
$2,000,000 · Pinnacle Bk
Mar 20, 2017
—
Watson Properties
—
Deed
related
$466,416 · Pinnacle Bank
—
—
Watson Properties
—
Deed Of Trust
related
$2,000,000 · Capitalmark Bk&tr
—
—
Watson Properties
—
Deed Of Trust
related
$466,416 · Pinnacle Bank
—
—
Watson Properties
—
Loan Modification
related
$2,000,000 · Pinnacle Bk
—
—
Mountain View Acquisition Of Chat
—
Loan Modification
related
$9,414,331 · Pinnacle Bk
—
—
Watson Properties
—
Deed Of Trust
related
$300,000 · First Tennessee Bank National
—
—
Watson Props
—
Deed Of Trust
related
$2,000,000 · Capitalmark 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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