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Property profile & analytics
OFF-MARKET
Estimated value
$6,650,000
Residential income homes
3210 Broad St Chattanooga, TN 37408-3059
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US80-2204052
Property profile
Verified
Property type
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Year built
1956
Total area
36,610 SF
Lot
3.62 ac (157,687 SF)
Zoning code
UGC
APN
155F B 001
UPID
US80-2204052
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.96M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.65M
Owner & transaction history
Station 33 Partnership LLC · 3 yrs held
Station 33 Partnership LLC
since 2023
Last sale
$6.6M
7 recorded transactions
Zoning & alternative use
UGC · 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
$6,725,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$5,375,000
6.5%
$4,960,000
7%
$4,605,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$9,095,000
Change: 0% · Conversion: Moderate
AUTO REPAIR, GARAGE
$7,775,000
Change: 0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$6,620,000
Change: 0% · Conversion: Moderate
RETAIL STORES
$4,450,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$6.65M
Range $5.99M – $7.32M · ±10% · vs last sale $6.62M (Feb 6 2023)
Last sale anchor
$6.62M
Feb 6 2023
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
$182 / 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
$17,805
Tax year 2023
Assessed value
$795,840
Assessed 2023
Previous assessed
$795,840
+0.0% YoY
Effective rate
2.24%
On assessed value
Land market value
$1,989,600
Total market value
$1,989,600
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
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Status
Off-Market
Year built
1956
Heating
NONE
Total area
36,610 SF
Lot
3.62 ac (157,687 SF)
Zoning code
UGC
APN
155F B 001
UPID
US80-2204052
Jurisdiction
HAMILTON
Zoning & alternative use
UGC · Chattanooga, TN
Zoning UGC · permitted uses
UGC · 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.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING
Est. value
$9.1M
AUTO REPAIR, GARAGE
Est. value
$7.8M
COMMERCIAL (GENERAL)
Est. value
$6.6M
RETAIL STORES
Est. value
$4.5M
MEDICAL BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1956
Heating
NONE
Lot
3.62 ac
Current owner
From public records · entity-resolved
Station 33 Partnership LLC
Entity
Mailing address
3800 SAINT ELMO AVE STE #306, CHATTANOOGA, TN 37409-1273
Ownership since
2023
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
Feb 6, 2023
$6,615,000
Station 33 Partnership LLC
33 Broad Mu LLC
Special Warranty Deed
$5,292,000 · Southeast Bank
Nov 21, 2019
—
33 Broad Mu LLC
33 Broad One LLC
Quit Claim Deed
related
$3,800,000 · 33 Broad Mf Qof LLC
Apr 9, 2019
—
Ead Holdings LLC
3210 Broad Street LLC
Quit Claim Deed
related
—
Aug 2, 2018
—
3210 Broad Street LLC
Lookout Mountain Suites LLC
Quit Claim Deed
related
$480,000 · Janice Hixson
Apr 30, 2007
$801,000
Lookout Mountain Suites LLC
Capital Bank
Special Warranty Deed
$800,000 · First Volunteer Bank Of Tennessee
Jan 24, 2007
$700,000
Capital Bank
Cannon,wade K
Trustees Deed
related
—
Apr 29, 2003
—
Broad Street LLC
Triumph,asset
Trustees Deed
related
—
Dec 18, 2002
—
Triumph,a
Broad Street LLC
Trustees Deed
related
—
Jul 26, 1999
$1,718,000
Broad Street LLC
Seven Eight Six
Grant Deed
—
Feb 28, 1989
$1,575,000
Seven Eight Six Corp
Unknown
Grant Deed
—
—
—
Global Diversified Holdings Ll
—
Deed Of Trust
related
$50,000 · Michael E Richardson
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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