Technical
Financial
Distress signals
Property profile

5969 Brainerd Rd Chattanooga, TN 37421

FOR SALE
Retail space
Property ID
US80-0423179
5,392 SF 0.91 ac lot Built 1989
Entity Owned 11-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1989
Total area 5,392 SF
Lot 0.91 ac (39,440 SF)
Zoning code C2
APN 157E A 004
UPID US80-0423179

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Ophthalmologist (Bike/Boat/Book/etc) Store
  • Physician
  • Physician
  • Physician
  • Ophthalmologist (Bike/Boat/Book/etc) Store

Location

5969 Brainerd Rd Chattanooga, TN 37421
Chattanooga metro Census 3400 CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.10M
Blend (final) Blend
$495k

Owner & transaction history

since 2014
7 recorded transactions
2014
$550,000
2013
$1.1M
2005
Price N/A
2005
$33,810
2005
$630,000
2002
$525,000
2001
$541,000

Zoning & alternative use

C2 · Chattanooga, TN
Top alternative use upside
Medical building $1.3M +80.2%
Auto repair, garage $1.1M +57.7%
Commercial (general) $1.0M +42.1%

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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