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Property profile & analytics
OFF-MARKET
Estimated value
$525,000
Car washes
11399 Hwy 41, Ringgold, GA 30736-8689
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US22-1407074
Property profile
Verified
Property type
Car washes
Use group
CAR WASH
Year built
1972
Construction
STEEL FRAME
Total area
7,200 SF
Lot
5 ac (217,800 SF)
Zoning code
RIN
APN
670033
UPID
US22-1407074
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$390k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$663k
Blend (final)
Blend
$525k
Owner & transaction history
Loves Travel Stops & Country Stores · 1 yrs held
Loves Travel Stops & Country Stores
since 2024
7 recorded transactions
Zoning & alternative use
RIN · Ringgold, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$785,000
+16.6%
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 Ringgold submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ringgold 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
by Request
ML approach
$390,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$675,000
Current use
RESTAURANT
$785,000
Change: +17% · Conversion: Difficult
RETAIL STORES
$550,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$525k
Range $473k – $578k · ±10%
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
$73 / 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
$5,884
Tax year 2023
Assessed value
$230,902
Assessed 2023
Previous assessed
$230,902
+0.0% YoY
Effective rate
2.55%
On assessed value
Assessed land
$135,000
Assessed improvement
$95,902
Land market value
$337,500
Improvement market value
$239,755
Total market value
$577,255
Applied tax rate
2.0000
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
Car washes
Use group
CAR WASH
Status
Off-Market
Year built
1972
Construction
STEEL FRAME
Heating
NONE
Cooling
CENTRAL
Buildings
2
Stories
1
Bathrooms
7
Total area
7,200 SF
Lot
5 ac (217,800 SF)
Zoning code
RIN
APN
670033
UPID
US22-1407074
Jurisdiction
CATOOSA
Zoning & alternative use
RIN · Ringgold, GA
Zoning RIN · permitted uses
RIN · Ringgold, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ringgold. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$675,000
RESTAURANT
Est. value
$785,000
RETAIL STORES
Est. value
$550,000
AUTO REPAIR, GARAGE Current
RESTAURANT
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
1972
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
7
Lot
5 ac
Current owner
From public records · entity-resolved
Loves Travel Stops & Country Stores
Individual
Mailing address
11399 PO BOX 1110, RINGGOLD, GA 30736-1110
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 25, 2024
$2,950,000
Loves Travel Stops & Country Stores
Hixons Holdings LLC
Warranty Deed
—
Jan 17, 2020
—
Hixons Holdings LLC
—
Deed
related
$2,174,667 · First Citizens Nat'l Bk
Jul 6, 2010
—
Choo Choo Truck Wash INC
Hixon,wayne W
Quit Claim Deed
related
—
Jul 6, 2010
$980,000
Hixons Holdings LLC
Choo Choo Truck Wash INC
Warranty Deed
related
—
Jun 30, 2010
$980,000
Hixons Holdings LLC
Choo Choo Truck Wash INC
Grant Deed
related
$456,000 · Choo Choo Truck Wash INC
Oct 31, 2006
—
Choo Choo Truck Wash INC
—
Trustees Deed
related
$50,000 · First Volunteer Bank Tennessee
—
—
Hixons Holdings LLC
—
Deed Of Trust
$456,000 · Choo Choo Truck Wash INC
—
—
Hixons Holdings LLC
—
Deed Of Trust
related
$2,174,667 · First Citizens Nat'l Bk
—
—
Choo Choo Truck Wash INC
—
Deed Of Trust
related
$613,382 · First Volunteer Bank Tennessee
—
—
Hixons Holdings LLC
—
Deed Of Trust
related
$477,188 · First Volunteer Bank Tennessee
—
—
Hixons Holdings LLC
—
Deed Of Trust
related
$400,000 · First Volunteer Bk
—
—
Hixons Holdings LLC
—
Deed Of Trust
related
$477,189 · First Volunteer Bank
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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