Financial
Distress signals
Property profile

325 Market St Chattanooga, TN 37402

FOR LEASE
Office Spaces
Property ID
US80-1971099
54,386 SF 0.8 ac lot Built 1997
Last sale Nov 2014 · $4,004,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 11-yr Hold Held for 11 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional three-story office building at 325 Market Street in Chattanooga, Tennessee, offers a unique opportunity for businesses seeking a vibrant and convenient location. The 54,386 square foot building, constructed in 1997, is classified as Class B and features two elevators. The property is zoned D-SH-8 and boasts a Hamilton County APN of 135MA A 002. Multiple tenancy options are available, with spaces ranging from a minimum of 2,000 square feet to a maximum contiguous space of 35,000 square feet

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?
$61k
Tax billed · 2023
Assessed value$2.74M
Effective rate2.24%

Value estimate

· Sep 2026
$3.94M
$3.54M – $4.33M
Sales comparison$10.37M
NOI build-up
Gross scheduled income$979k
Vacancy & credit loss−$147k
Operating expenses−$208k
NOI · 3,467,105.56% cap applied$624k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$166/SF
ZIP average, outlier-cleaned · 33 recorded sales of this use type
Observed band · Q1–Q3$53 – $377

Cap rate analysis

How does the asset earn?
3,467,105.56%
$624k 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?
C3
JurisdictionHAMILTON

Location intelligence

Which uses thrive at this corner?
Best fit: Laundry Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundry Service9.3
Pawn Shop9.0
Garden Center8.8

Location

325 Market St Chattanooga, TN 37402
County assessor Recorded deeds · 8 transfers Qualifying comp sales · not on file 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
117 7th, Chattanooga, TN 37402-1904 $299,000 Dec 2025 30,654 SF
537 Market, Chattanooga, TN 37402-1252 $112,500 Dec 2024 86,857 SF
1413 Chestnut, Chattanooga, TN 37402-4543 $290,000 Jan 2024 30,099 SF
736 Broad, Chattanooga, TN 37402-1801 $4,900,000 Nov 2023 109,642 SF
19 Patten, Chattanooga, TN 37402-2211 $4,700,000 Mar 2023 38,048 SF
401 Chestnut, Chattanooga, TN 37402-4924 $2,200,000 Feb 2023 147,390 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?”
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