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    Property profile & analytics

    3550 Broad St Chattanooga, TN 37409

    • Drug stores
    • 15,080 SF
    • 2.10 lot acres
    For Sale
    View listing
    $4,000,000
    Value Estimation
    Last Sale
    Jul 08, 2020
    $4,200,000
    Location Intelligence
    Property ID
    US80-1355496
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Walgreens Photo / Passport Photo Processor / Photo Lab
    • Walgreens Pharmacy / Pharmacy
    • Redbox / Movie Rental Kiosk / Dvd Store
    • Western Union / Money Transfer Service
    • FedEx OnSite / Mailing Service

    Property Details for 3550 Broad St

    Year built
    2000
    Lot size
    2.10 lot acres
    Property size
    15,080 SF
    Zone code
    UGC
    Property type
    Drug stores
    APN
    155J F 003.01
    APU
    155JF00301

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $5,205,000

    • CAP approach

      CAP return
      Estimation
      6%
      $4,255,000
      6.5%
      $4,100,000
      7%
      $4,315,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,990,000
      Geo Method
      $4,320,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $4,405,000
      Retail
      $3,520,000
      Mixed-Use
      $3,940,000
      Hospitality
      $4,510,000
      Educational
      $3,515,000
      Residential Income
      $4,165,000
      Energy
      $4,245,000
      Income-Based Land
      $4,185,000
      Food Service
      $3,745,000

    Location Insight

    • Map
    • Local Demand
    City
    Chattanooga
    County
    Hamilton
    State
    Tennessee
    Longitude
    -85.3261
    Latitude
    35.0136
    CBSA code
    16860
    CBSA name
    CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $38,261
    $0.00
    $0.00
    $1,710,160
    -
    $1,886,700
    $2,388,700
    $4,275,400

    Comparable in this City

    • Value Estimation by Request
      1,220 SF

      3815 Saint Elmo Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,220 SF
      3815 Saint Elmo Ave, Chattanooga, TN 37409-1237
      View Details
    • Value Estimation by Request
      3,860 SF

      3614 10th Ave

      FINANCIAL BUILDING • 3,860 SF
      3614 10th Ave, Chattanooga, TN 37409-1044
      View Details
    • Value Estimation by Request
      24,021 SF

      1720 Scenic Hwy

      RETAIL STORES (PERSONAL SERVICES) • 24,021 SF
      1720 Scenic Hwy, Chattanooga, TN 37409-1163
      View Details
    • Value Estimation by Request
      2,109 SF

      3554 Broad St

      DRY CLEANER • 2,109 SF
      3554 Broad St, Chattanooga, TN 37409-1027
      View Details
    • Value Estimation by Request
      86,582 SF

      3800 10th Ave

      GROCERY, SUPERMARKET • 86,582 SF
      3800 10th Ave, Chattanooga, TN 37409-1270
      View Details
    • Value Estimation by Request
      2,544 SF

      3913 Saint Elmo Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,544 SF
      3913 Saint Elmo Ave, Chattanooga, TN 37409-1239
      View Details

    Similar Nearby for Sale

    • $4,000,000
      15,120 SF

      Retail Property Near New Stadium

      Retail property in high-traffic area near new developments.
      3550 Broad St, Chattanooga, TN 37409
      View Details
    • New
      $185,000
      0.29 Acres

      Premium Lot in Historic St. Elmo

      Rare opportunity to build in Chattanooga's beloved historic neighborhood.
      5310 Alabama Ave, Chattanooga, TN 37409
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    Chattanooga, TN 37409
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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