Office spaces in Chattanooga

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Chattanooga office space sold prices and values

Values and sold prices (last 24 months) United States Tennessee Chattanooga
Average price/sqft $1,805 $211 $138
Median price/sqft $113 $91 $82
Average sold price $3,915,379 $1,818,801 $1,148,290
Median sold price $360,402 $349,361 $438,000
Number of sales 76,107 2,271 47
Number of sales over $250k 46,165 1,349 31
Number of sales over $1m 19,979 523 12
Number of sales over $10m 4,095 84 --
Average total tax amount $34,410 $15,166 $12,715
Average assessed value $1,546,138 $418,756 $454,975
Average market value $1,768,186 $1,175,321 $1,786,276

Chattanooga office space property averages

Property averages United States Tennessee Chattanooga
Average lot size 497,247 sf 177,077 sf 105,309 sf
Median lot size 17,266 sf 23,760 sf 27,411 sf
Average building area 1,113 sf 149 sf 112 sf
Median building area 85 sf 59 sf 67 sf
Median year built 1983 1986 1974
Average number of units 31 6 16
Median number of units 4 -- 6

Chattanooga office space total supply

Supply United States Tennessee Chattanooga
Number of parcels 916,843 26,345 495
Aggregate lot acerage 9,398,291 81,546 896
Aggregate building area 494,197,325 sf 2,268,458 sf 31,132 sf
Aggregate units 9,867,565 101,768 1,089

Chattanooga office space industrial mortgages

Debt United States Tennessee Chattanooga
Number of mortgages 1,510,734 34,151 706
Average value of mortgages $7,857,811 $5,954,802 $4,035,178

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