Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    720 Eastgate Loop Chattanooga, TN 37411-5362
    Back to Search
    Property profile & analytics

    720 Eastgate Loop, Chattanooga, TN 37411-5362

    View on Map
    • Gas stations
    • 4,420 SF
    • 1.85 lot acres
    Off-Market
    Last Sale Sep 2, 2024
    $1,086,000
    Property ID
    US80-1078350
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • OrangeRhino Concrete Coatings / Construction Company / General Contractor
    • The Williams Property Team at KWEB / Real Estate Agency

    Property Details for 720 Eastgate Loop

    Year built
    2005
    Lot size
    1.85 lot acres
    Property type
    Gas stations
    APN
    157M A 003.05
    APU
    157MA00305

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 2, 2024 $1,086,000 Dialysis Clinic INC V2 Holdings LLC Special Warranty Deed —
    Sep 12, 2022 — V2 Holdings LLC — Deed · related $750k · First Horizon Bank
    Jun 29, 2022 $825,000 V2 Holdings LLC Envirotest Systems Corp Special Warranty Deed —
    Jan 9, 2009 — Select Eastgate LLC Eastgate Town Center LLC Quit Claim Deed · related —
    Jan 9, 2009 $21,715 Jm Chattanooga LLC Eastgate Town Center LLC Quit Claim Deed · related —
    Dec 17, 2004 $565,000 Envirotest Systems Corp Osborne Building Corp Grant Deed —
    Dec 24, 2003 $200,000 Building Cor Osborne First Tennessee Grant Deed —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Chattanooga
    County
    Hamilton
    State
    Tennessee
    Longitude
    -85.2117
    Latitude
    35.0067
    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
    $8,331
    $0.00
    $0.00
    $372,360
    -
    $581,000
    $349,900
    $930,900

    Comparable in this City

    • Value Estimation
      $835,000
      4,400 SF

      4823 Brainerd Rd

      SERVICE STATION (FULL SERVICE)
      4823 Brainerd Rd, Chattanooga, TN 37411-3832
      View Details
    • Value Estimation by Request
      1,357 SF

      3806 Wilcox Blvd

      SERVICE STATION (FULL SERVICE)
      3806 Wilcox Blvd, Chattanooga, TN 37411-1114
      View Details
    • Value Estimation
      $890,000
      12,677 SF

      71 Eastgate Loop

      SERVICE STATION (FULL SERVICE)
      71 Eastgate Loop, Chattanooga, TN 37411-5351
      View Details
    • Value Estimation by Request
      4,566 SF

      603 Tunl Blvd

      SERVICE STATION (FULL SERVICE)
      603 Tunl Blvd, Chattanooga, TN 37411-1918
      View Details
    • Value Estimation by Request
      4,992 SF

      4659 Shallowford Rd

      SERVICE STATION (FULL SERVICE)
      4659 Shallowford Rd, Chattanooga, TN 37411-1130
      View Details
    • Value Estimation by Request
      2,000 SF

      3315 Brainerd Rd

      SERVICE STATION (FULL SERVICE)
      3315 Brainerd Rd, Chattanooga, TN 37411-3504
      View Details

    Similar Nearby for Sale

    • $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
    • $1,300,000

      Mixed-Use Investment Opportunity

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

      Prime Commercial Land For Sale

      Pad-ready land with high traffic frontage on Brainerd Road.
      5771 Brainerd Rd, Chattanooga, TN 37411
      View Details
    • New
      $245,000
      1,402 SF

      Renovated Duplex in Prime Location

      Turnkey duplex with immediate cash flow and long-term upside.
      5109 Sunbeam Ave, Chattanooga, TN 37411
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      3,980 SF

      Retail Space in Brainerd Village

      Open-air retail center with high traffic and strong demographics.
      5730-5764 Brainerd Rd, 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
    • $12 SF/Yr

      Retail Space Near Walmart Supercenter

      Retail spaces adjacent to high-performing Walmart Supercenter with national tenants.
      480 Greenway View Dr, Chattanooga, TN 37411
      View Details
    • Contact for pricing
      50,276 SF

      Retail Space in Chattanooga, TN

      Retail property with high visibility and multiple access points.
      5824-5900 Brainerd 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

      Redeveloped Commercial Flex Space

      Commercial/flex space with roll-up doors and security features.
      3221 Wilcox Blvd, 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.
    720 Eastgate Loop
    Chattanooga, TN 37411-5362
    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
    720 Eastgate Loop, 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!