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Property profile & analytics
OFF-MARKET
Estimated value
$920,000
Car washes
1833 Gunbarrel Rd Chattanooga, TN 37421-3130
Entity Owned
1-yr Hold
Free & Clear
Property ID
US80-0624641
Property profile
Verified
Property type
Car washes
Use group
CAR WASH - AUTOMATED
Year built
2004
Total area
2,872 SF
Lot
0.86 ac (37,548 SF)
Zoning code
C2
APN
158D F 010
UPID
US80-0624641
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$922k
Blend (final)
Blend
$920k
Owner & transaction history
Raising Canes Restaurants LLC · 1 yrs held
Raising Canes Restaurants LLC
since 2025
7 recorded transactions
Zoning & alternative use
C2 · Chattanooga, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
code of ordinances
Top alternative use upside
Medical building
$695,000
+14.3%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$610,000
Current use
MEDICAL BUILDING
$695,000
Change: +14% · Conversion: Difficult
Blend value · Realmo final
$920k
Range $828k – $1.01M · ±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
$320 / 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
$18,417
Tax year 2023
Assessed value
$823,160
Assessed 2023
Previous assessed
$823,160
+0.0% YoY
Effective rate
2.24%
On assessed value
Land market value
$1,029,100
Improvement market value
$1,028,800
Total market value
$2,057,900
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
Car washes
Use group
CAR WASH - AUTOMATED
Status
Off-Market
Year built
2004
Heating
NONE
Buildings
6
Stories
1
Total area
2,872 SF
Lot
0.86 ac (37,548 SF)
Zoning code
C2
APN
158D F 010
UPID
US80-0624641
Jurisdiction
HAMILTON
Zoning & alternative use
C2 · Chattanooga, TNZoning C2 · permitted uses
C2 · 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
AUTO REPAIR, GARAGE Current
Est. value
$610,000
MEDICAL BUILDING
Est. value
$695,000
AUTO REPAIR, GARAGE Current
MEDICAL BUILDING
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
2004
Heating
NONE
Stories
1
Buildings
6
Lot
0.86 ac
Current owner
From public records · entity-resolved
Raising Canes Restaurants LLC
Entity
Free & Clear · 1 yrs held
Mailing address
PO BOX 54257, LEXINGTON, KY 40555-4257
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 20, 2025
—
Raising Canes Restaurants LLC
Four Musketeers LLC
Deed
—
Mar 5, 2025
$2,550,000
Four Musketeers LLC
Mjbk Capital LLC
Deed
$2,850,000 · Builtwell Bank
Nov 20, 2024
—
Mjbk Capital LLC
Imo Us Georgia LLC
Deed
—
Jan 8, 2021
$21,666,667
Mjbk Capital LLC
Imo Us Georgia LLC
Special Warranty Deed
$1,625,000 · Firstbank
Nov 6, 2019
$2,800,000
Imo Us Georgia LLC
Dulaney Holding Co INC
Grant Deed
—
Sep 7, 2017
—
Dulaney Holding Co INC
—
Deed
related
$1,950,000 · Synovus Bk
Jul 25, 2012
—
Dulaney Holding Company INC
J Brian Dulaney
Quit Claim Deed
related
—
Jun 26, 2008
$30,000
Igou Gap Developers LLC
Dulaney,j Brian
Warranty Deed
$450,000 · Gateway Bank & Trust
Jul 26, 2006
—
J Brian Dulaney
—
Trustees Deed
related
$2,100,000 · River City Bank
—
—
Dulaney Holding Co INC
—
Loan Modification
related
$1,950,000 · Synovus Bk
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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