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Property profile & analytics
OFF-MARKET
Estimated value
$615,000
Office buildings
931 Mccallie Ave Chattanooga, TN 37403-2725
Individually Owned
5-yr Hold
Property ID
US80-0129834
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1920
Total area
3,834 SF
Lot
0.16 ac (7,100 SF)
Zoning code
R4
APN
146H F 013
UPID
US80-0129834
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
-
Sherlock Home Inspections , LLC Home Inspector
-
Conflict Resolution & Mediation Services Family Counselor
-
Kidney Foundation-Chattanooga Charitable Organization Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$720k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$615k
Owner & transaction history
Kidney Foun Of The Grtr Chattanoo · 5 yrs held
Kidney Foun Of The Grtr Chattanoo
since 2020
Last sale
$534,500
4 recorded transactions
Zoning & alternative use
R4 · 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
$660,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$780,000
6.5%
$720,000
7%
$670,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$950,000
Change: 0% · Conversion: Easy
AUTO REPAIR, GARAGE
$815,000
Change: 0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$575,000
Change: 0% · Conversion: Easy
RETAIL STORES
$465,000
Change: 0% · Conversion: Moderate
Blend value · Realmo final
$615k
Range $554k – $677k · ±10% · vs last sale $535k (Dec 30 2020)
Last sale anchor
$535k
Dec 30 2020
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
$160 / 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
$3,531
Tax year 2023
Assessed value
$157,840
Assessed 2023
Previous assessed
$157,840
+0.0% YoY
Effective rate
2.24%
On assessed value
Land market value
$198,400
Improvement market value
$297,000
Total market value
$495,400
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1920
Heating
CENTRAL
Stories
2
Total area
3,834 SF
Lot
0.16 ac (7,100 SF)
Zoning code
R4
APN
146H F 013
UPID
US80-0129834
Jurisdiction
HAMILTON
Zoning & alternative use
R4 · Chattanooga, TNZoning R4 · permitted uses
R4 · Chattanooga, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
code of ordinances
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING
Est. value
$950,000
AUTO REPAIR, GARAGE
Est. value
$815,000
COMMERCIAL (GENERAL)
Est. value
$575,000
RETAIL STORES
Est. value
$465,000
MEDICAL BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1920
Heating
CENTRAL
Stories
2
Lot
0.16 ac
Current owner
From public records · entity-resolved
Kidney Foun Of The Grtr Chattanoo
Individual
Mailing address
931 MCCALLIE AVE, CHATTANOOGA, TN 37403-2725
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2020
$534,500
Kidney Foun Of The Grtr Chattanoo
Michael C Peterson
Warranty Deed
$334,500 · Southeast Bk
Sep 17, 2007
$275,000
Michael Charles Peterson
Janice M Casteel
Warranty Deed
$220,000 · First Tennessee Home Loans
Aug 30, 2002
$259,000
Janice M Casteel
Blancett,david L
Grant Deed
—
—
—
Michael C Peterson
—
Deed Of Trust
related
$204,500 · Greenlight Loans
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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