Financial
Distress signals
Property profile

3510 Ringgold Rd Chattanooga, TN 37412

OFF-MARKET
Drug stores
Property ID
US80-3429296
14,992 SF 2.95 ac lot Built 2000
Last sale Mar 2025 · $2,225,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional redevelopment opportunity presents a 15,120 square foot, single-story, free-standing retail building currently occupied by Walgreens at 3510 Ringgold Road in Chattanooga, Tennessee. Situated on a 2.95-acre lot in the established East Ridge community, this property boasts significant frontage (396 feet) and depth (250 feet) along Ringgold Road, a high-traffic thoroughfare with a 2023 average daily vehicle count of 22,406. The building, constructed in 2000, features a

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?
$54k
Tax billed · 2023
Assessed value$1.55M
Effective rate3.50%

Value estimate

· Sep 2026
$4.90M
$4.41M – $5.39M
CAP approach$1.78M
Sales comparison$1.71M

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

Recently sold

What actually traded nearby?
$72/SF
ZIP average, outlier-cleaned · 17 recorded sales of this use type
Observed band · Q1–Q3$52 – $114
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
LB
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 agency25.0
Restaurant19.3
Law Firm19.3

Location

3510 Ringgold Rd Chattanooga, TN 37412
County assessor Recorded deeds · 4 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 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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