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Property profile & analytics
OFF-MARKET
Estimated value
$250,000
Office Spaces
3501 Rossville Blvd Chattanooga, TN 37407-2466
Individually Owned
2-yr Hold
Free & Clear
Property ID
US80-0571607
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1971
Total area
2,672 SF
Lot
0.48 ac (21,000 SF)
Zoning code
C2
APN
168A M 005
UPID
US80-0571607
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
-
MoneyGram Bank Credit Union
-
Servicios el Paisano Law Firm
-
Vigo Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$250k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$250k
Owner & transaction history
Jaime Sontay Chavez Santos · 2 yrs held
Jaime Sontay Chavez Santos
since 2024
Last sale
$250,000
6 recorded transactions
Zoning & alternative use
C2 · Chattanooga, TN
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
$250,000
ML approach
$250,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$250k
Range $225k – $275k · ±10% · vs last sale $250k (Jun 4 2024)
Last sale anchor
$250k
Jun 4 2024
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
$94 / 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
$2,431
Tax year 2023
Assessed value
$108,640
Assessed 2023
Previous assessed
$108,640
+0.0% YoY
Effective rate
2.24%
On assessed value
Land market value
$120,800
Improvement market value
$150,800
Total market value
$271,600
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1971
Heating
NONE
Stories
1
Total area
2,672 SF
Lot
0.48 ac (21,000 SF)
Zoning code
C2
APN
168A M 005
UPID
US80-0571607
Jurisdiction
HAMILTON
Zoning & alternative use
C2 · Chattanooga, TNZoning C2 · permitted uses
C2 · Chattanooga, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
code of ordinances
Building & site characteristics
From public records
Year built
1971
Heating
NONE
Stories
1
Lot
0.48 ac
Current owner
From public records · entity-resolved
Jaime Sontay Chavez Santos
Individual
Free & Clear · 2 yrs held
Mailing address
PO BOX 9812, CHATTANOOGA, TN 37412-0812
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 4, 2024
—
Jaime Sontay Chavez Santos
Ezequias Eli Chavez Vasquez
Quit Claim Deed
related
—
May 29, 2018
$250,000
Santos J S Chavez
Sequatchie Concrete Svc INC
Warranty Deed
—
Oct 8, 2007
$214,500
Sequatchie Concrete Svc INC
First Volunteer Bank
Grant Deed
—
Aug 17, 2005
$215,000
First Volunteer Bank
Russell,roger & Marlena N
Grant Deed
related
—
Oct 15, 2003
$215,000
Marlena N Russell
Amsouth Bank
Grant Deed
—
—
—
Sequatchie Concrete Svc INC
—
Deed Of Trust
related
$4,000,000 · First Tennessee Bank National
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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