Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$60,000
Office Spaces
3610 Calhoun Ave Chattanooga, TN 37407-2450
Individually Owned
17-yr Hold
~
Est. High Equity
Property ID
US80-0062892
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1960
Total area
4,687 SF
Lot
0.51 ac (22,125 SF)
Zoning code
M1
APN
168A M 015
UPID
US80-0062892
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
-
MIke Simmons Auto Sales Car Dealership
-
A1 Towing & Auto Repair Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$60k
Owner & transaction history
Mike Simmons · 17 yrs held
Mike Simmons
since 2008
7 recorded transactions
Zoning & alternative use
M1 · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$60k
Range $54k – $66k · ±10%
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
$13 / 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
$1,681
Tax year 2023
Assessed value
$75,120
Assessed 2023
Previous assessed
$75,120
+0.0% YoY
Effective rate
2.24%
On assessed value
Land market value
$54,400
Improvement market value
$133,400
Total market value
$187,800
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
1960
Heating
NONE
Stories
1
Total area
4,687 SF
Lot
0.51 ac (22,125 SF)
Zoning code
M1
APN
168A M 015
UPID
US80-0062892
Jurisdiction
HAMILTON
Zoning & alternative use
M1 · Chattanooga, TNZoning M1 · permitted uses
M1 · 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
1960
Heating
NONE
Stories
1
Lot
0.51 ac
Current owner
From public records · entity-resolved
Mike Simmons
Individual
Mailing address
3610 CALHOUN AVE, CHATTANOOGA, TN 37407-2450
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 10, 2026
—
Simmons Michael
—
Deed
related
$460,000 · Tower Community Bank
Nov 4, 2024
—
Mike Simmons
—
Deed
related
$500,000 · Tower Community Bank
Nov 1, 2022
—
Michael T Simmons
—
Deed
related
$650,000 · Tower Community Bank
Nov 30, 2020
—
Michael T Simmons
—
Deed
related
$308,832 · First Nat'l Cmnty Bk
May 20, 2019
—
Michael T Simmons
—
Deed
related
$350,000 · First Volunteer Bk
Nov 17, 2017
—
Michael T Simmons
—
Trustees Deed
related
$200,000 · First Volunteer Bk
Nov 3, 2008
$62,092
Mike Simmons
—
Trustees Deed
related
$510,000 · Community Trust & Banking
May 16, 2005
$54,500
Mike Simmons
Goodlet,ralph C JR
Warranty Deed
$156,000 · Cohutta Banking Co
—
—
Michael T Simmons
—
Deed Of Trust
related
$350,000 · First Volunteer Bk
—
—
Mike Simmons
—
Deed Of Trust
related
$85,000 · Community Trust & Banking
—
—
Michael T Simmons
—
Deed Of Trust
related
$308,832 · First Nat'l Cmnty Bk
—
—
Michael T Simmons
—
Deed Of Trust
related
$130,000 · Cornerstone Community Bank
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3610 Calhoun Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
