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Property profile & analytics
OFF-MARKET
Estimated value
$590,000
Banks
601 Market St Chattanooga, TN 37402-4802
Individually Owned
4-yr Hold
Free & Clear
Property ID
US80-1493606
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1979
Total area
52,500 SF
Lot
0.85 ac (37,000 SF)
Zoning code
C3
APN
135MDC 001
UPID
US80-1493606
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
-
Rodney Robinson - Regions Mortgage Loan Officer Loan Service Bank
-
Spears-Moore-Rebman & Williams Law Firm
-
Orrey Bolton - Regions Mortgage Loan Officer Loan Service Bank
-
Chanel Santiesteban - Regions Wealth Advisor Financial Advisor
-
Marcus H Richard Law Firm Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$590k
Owner & transaction history
Helene R Grzybowski · 4 yrs held
Helene R Grzybowski
since 2021
Last sale
$589,000
7 recorded transactions
Zoning & alternative use
C3 · Chattanooga, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$750,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$590k
Range $531k – $649k · ±10% · vs last sale $589k (Dec 27 2021)
Last sale anchor
$589k
Dec 27 2021
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
$11 / 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
$50,844
Tax year 2023
Assessed value
$2,272,560
Assessed 2023
Previous assessed
$2,272,560
+0.0% YoY
Effective rate
2.24%
On assessed value
Land market value
$1,480,000
Improvement market value
$4,201,400
Total market value
$5,681,400
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1979
Heating
YES
Stories
5
Total area
52,500 SF
Lot
0.85 ac (37,000 SF)
Zoning code
C3
APN
135MDC 001
UPID
US80-1493606
Jurisdiction
HAMILTON
Zoning & alternative use
C3 · Chattanooga, TN
Zoning C3 · permitted uses
C3 · Chattanooga, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Chattanooga. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1979
Heating
YES
Stories
5
Lot
0.85 ac
Current owner
From public records · entity-resolved
Helene R Grzybowski
Individual
Free & Clear · 4 yrs held
Mailing address
250 RIVERCHASE PKWY E #600, HOOVER, AL 35244-1832
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 27, 2021
$589,000
Helene R Grzybowski
500 Broad LLC
Warranty Deed
—
Jul 31, 2019
—
Deborah L Wright
—
Deed
related
$20,000 · Regions Bk
Jul 23, 2019
—
Charles F Curtis
—
Deed
related
$28,500 · Regions Bk
Jan 22, 2018
—
Tracy Calloway
—
Deed
related
$35,284 · Regions Bk
—
—
Charles F Curtis
—
Deed Of Trust
related
$28,500 · Regions Bk
—
—
Deborah L Wright
—
Deed Of Trust
related
$20,000 · Regions Bk
—
—
Tracy Calloway
—
Deed Of Trust
related
$35,284 · Regions Bk
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.
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