Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    4600 Brainerd Rd Chattanooga, TN 37411-3825
    Property profile & analytics

    4600 Brainerd Rd, Chattanooga, TN 37411-3825

    View on Map
    • Medical Office Space
    • 4,320 SF
    • 0.40 lot acres
    Off-Market
    Last Sale Sep 19, 2023
    $795,000
    Property ID
    US80-0698134
    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.
    Value Estimations
    $785,000
    Show details
    Cap Rate Potential
    6%
    Medical Office Space
    Location Intelligence

    Current Use by Public Records

    • Carson Philip C DDS / Dental Office
    • Manis Kelly / Dental Office
    • Abbott Rhonda / Dental Office
    • StoneCreek Dental Care / Dental Office

    Property Details for 4600 Brainerd Rd

    Year built
    1965
    Lot size
    0.40 lot acres
    Zone code
    C2
    Property type
    Medical Office Space
    Property subtype
    Medical space
    APN
    157J Q 001
    APU
    157JQ001

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Apr 1, 2026 $850,000 Sandhu LLC Evergreen LLC Special Warranty Deed $723k · Fifth Third Bank
    Sep 19, 2023 $795,000 Evergreen LLC Stonecreek Services LLC Special Warranty Deed —
    May 6, 2022 — Stonecreek Services LLC — Deed · related $450k · Southpoint Bank
    May 2, 2022 $450,000 Stonecreck Services LLC Philip C Carson Warranty Deed $450k · Southpoint Bank
    Apr 20, 2018 — Philip C Carson — Deed · related $150k · First Citizens Bank & Trust Co
    Apr 30, 1999 $245,000 Philip C Carson Whitfield Invest Grant Deed —
    Mar 27, 1997 $230,000 Whitfield Investments LLC — Grant Deed · related —
    Dec 28, 1992 $230,000 Paul Fink Unknown Grant Deed —
    — — Phillip C Carson — Deed Of Trust · related $375k · First Tennessee Bank National
    — — Philip C Carson — Deed Of Trust · related $779k · First Tennessee Bank National

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $810,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $800,000
      6.5%
      $740,000
      7%
      $685,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $594,000
      Market price range: $594k - $1.61M
      AI Estimate
      $594,000
      Market price range: $594k - $1.61M

    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $1,075,000
      Current use
      AUTO REPAIR, GARAGE
      $915,000
      Change: -15% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Chattanooga
    County
    Hamilton
    State
    Tennessee
    Longitude
    -85.2322
    Latitude
    35.0143
    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
    $3,683
    $0.00
    $0.00
    $164,600
    -
    $106,800
    $304,700
    $411,500

    Comparable in this City

    • Value Estimation by Request
      2,808 SF

      4929 Brainerd Rd

      MEDICAL BUILDING
      4929 Brainerd Rd, Chattanooga, TN 37411-3902
      View Details
    • Value Estimation
      $1,240,000
      9,008 SF

      4610 Brainerd Rd

      DENTAL BUILDING
      4610 Brainerd Rd, Chattanooga, TN 37411-3835
      View Details
    • Value Estimation
      $850,000
      3,200 SF

      5618 Brainerd Rd

      MEDICAL BUILDING
      5618 Brainerd Rd, Chattanooga, TN 37411-5310
      View Details
    • Value Estimation by Request
      2,420 SF

      415 Germantown Rd

      DENTAL BUILDING
      415 Germantown Rd, Chattanooga, TN 37411-5026
      View Details
    • Value Estimation
      $700,000
      3,136 SF

      4700 Brainerd Rd

      DENTAL BUILDING
      4700 Brainerd Rd, Chattanooga, TN 37411-3827
      View Details
    • Value Estimation by Request
      3,375 SF

      4933 Brainerd Rd

      DENTAL BUILDING
      4933 Brainerd Rd, Chattanooga, TN 37411-3902
      View Details

    Similar Nearby for Sale

    • $1,300,000

      Mixed-Use Investment Opportunity

      Multi-use property with office, retail, and restaurant spaces.
      3116 Brainerd Rd, Chattanooga, TN 37411
      View Details
    • Contact for pricing
      74,387 SF

      Office Building Portfolio Opportunity

      Office building available as part of a portfolio sale.
      5751 Uptain Rd, Chattanooga, TN 37411
      View Details
    • Contact for pricing
      57,456 SF

      Chattanooga Office Building for Sale

      Office building with 57,456 square feet available for sale.
      5726 Marlin Rd, Chattanooga, TN 37411
      View Details
    • $375,000

      Leased Stand-Alone Building For Sale

      Fully leased building with a long-term tenant and ample parking.
      3950 Brainerd Rd, Chattanooga, TN 37411
      View Details
    • Contact for pricing

      Two-Story Bank Building For Sale

      Two-story, 6,148 SF bank building on 0.8 acres.
      3535 Brainerd Rd, Chattanooga, TN 37411
      View Details
    • Contact for pricing
      0.32 Acres

      Residential Land in Chattanooga, TN

      Residential land available in Chattanooga, Tennessee.
      905 N Sylvan Ave, Chattanooga, TN 37411
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Office Space in Midtown Office

      Multi-level office building with customizable suites and ample parking.
      5751 Uptain Rd, Chattanooga, TN 37411
      View Details
    • Contact for pricing

      Eastgate Town Center Retail/Office

      850,000 Sq. Ft. Office/Retail/Mixed Use Project.
      5600 Brainerd Rd, Chattanooga, TN 37411
      View Details
    • Contact for pricing

      Secure Private Offices For Rent

      Private offices with utilities, internet, parking, and updated finishes.
      5600 Brainerd Rd, Chattanooga, TN 37411
      View Details
    • Contact for pricing

      Accessible Office and Flex Space

      Office and flex spaces with flexible lease terms available for rent.
      3215 Wilcox Blvd, Chattanooga, TN 37411
      View Details
    • Contact for pricing

      Redeveloped Commercial Flex Space

      Commercial/flex space with roll-up doors and security features.
      3221 Wilcox Blvd, Chattanooga, TN 37411
      View Details
    • Contact for pricing

      Former Walmart Neighborhood Market

      Former Walmart Neighborhood Market for sublease.
      4110 Shallowford Rd, Chattanooga, TN 37411
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4600 Brainerd Rd
    Chattanooga, TN 37411-3825
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    4600 Brainerd Rd, Chattanooga, TN, 37411
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!