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    4748 Ranco Cir Ooltewah, TN 37363

    For Sale
    $2,950,000
    Added:
    Dec 11, 2024
    Days on Market:
    365

    Property Features for 4748 Ranco Cir

    General Information

    Property type
    Multifamily properties

    Building Details

    Units
    33

    HighLights

    • 33‑unit multifamily property in Ooltewah, TN with significant value‑add potential.
    • 4.3‑acre site with C‑2 zoning and three‑sided road frontage.
    • Prime location near I‑75 with excellent access to Chattanooga.
    • Parcel numbers: 139 045, 139 046, 139 047.04, 139 047, 139 047.09.
    • Located in a rapidly growing area with nearby development activity.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Cove Hills Mobile ... Mobile Home Park

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Auto Parts Store Skin Care Clinic Kitchen & Bath

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ooltewah
    County
    Hamilton
    State
    Tennessee
    Longitude
    -85.1149909
    Latitude
    35.0696289

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    FAQs

    Where is this multifamily property located?
    The property is located at 4748 Ranco Cir Ooltewah, TN.
    What is the asking price?
    The asking price for this property is $2,950,000.
    What are key features of this property?
    This property features: 33-unit multifamily property in Ooltewah, TN with significant value-add potential.; 4.3-acre site with C-2 zoning and three-sided road frontage.; Prime location near I-75 with excellent access to Chattanooga.
    Request Owner's contact information
    4748 Ranco Cir Ooltewah, TN 37363
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    Realmo Value Estimation

    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.

    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.

    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
    4748 Ranco Cir Ooltewah, TN 37363
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