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Property profile & analytics
FOR SALE
Manufacturing properties
210 Hamm Rd Chattanooga, TN 37405
Individually Owned
26-yr Hold
Absentee Owner
Free & Clear
Property ID
US80-1723104
For Sale
1 / 30
$3,700,000
210 Hamm Rd, Chattanooga, TN 37405
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Property summary
AI-generated overview
Exceptional investment opportunity: a 11,008-square-foot, Class A industrial property in Chattanooga, TN (210 Hamm Rd, 37405). This single-story, 2023-renovated building sits on a 2.17-acre lot zoned M-1, offering significant development potential. Currently configured as a multi-tenant facility with two leases in place, generating consistent income. The property features two loading docks and one dock-high door. Its prime riverfront location benefits from potential future development in the area, including a planned townhouse development and river walk expansion. This represents a rare chance to acquire a strategically located asset in a rapidly growing area. The property consists of two parcels, one vacant (1.13 acres) and one improved (1.03 acres), providing flexibility for future expansion or redevelopment. The existing building offers 11,008 square feet of flexible space, ideal for manufacturing or warehouse use. This is a unique opportunity to capitalize on the burgeoning Chattanooga market. The sale includes the entire 2.17-acre parcel. The property is offered for sale by owner at $3,750,000. Net-Net-Plus lease terms are in place for the existing tenants.
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1998
Total area
11,080 SF
Lot
1.03 ac (44,867 SF)
Zoning code
M1
APN
135J B 001.02
UPID
US80-1723104
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
-
Closets by Design - Chattanooga General Contractor Renovation Specialist
-
Littlejohn Engineering Associates Engineering Consultant Civil Engineer
-
Quick Response Fire Protection, INC. General Contractor Security Service
-
Tennessee Process Pumps Hardware & Home Improvement General Contractor
-
Engineering Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.11M
Blend (final)
Blend
$1.11M
Owner & transaction history
STEVEN G YESSICK SR.
STEVEN G YESSICK SR.
Zoning & alternative use
M1 · Chattanooga, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.8M
+153.3%
Warehouse, storage
$735,000
+6.4%
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
INDUSTRIAL (GENERAL)
$690,000
Current use
RETAIL STORES
$1,750,000
Change: +153% · Conversion: Moderate
WAREHOUSE, STORAGE
$735,000
Change: +6% · Conversion: Easy
Blend value · Realmo final
$1.11M
Range $999k – $1.22M · ±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
$100 / 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
$4,741
Tax year 2023
Assessed value
$211,920
Assessed 2023
Previous assessed
$211,920
+0.0% YoY
Effective rate
2.24%
On assessed value
Land market value
$92,400
Improvement market value
$437,400
Total market value
$529,800
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
For Sale
Year built
1998
Heating
NONE
Buildings
3
Stories
1
Total area
11,080 SF
Lot
1.03 ac (44,867 SF)
Zoning code
M1
APN
135J B 001.02
UPID
US80-1723104
Jurisdiction
HAMILTON
Zoning & alternative use
M1 · Chattanooga, TN
Zoning M1 · permitted uses
M1 · Chattanooga, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Chattanooga. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$690,000
RETAIL STORES
Est. value
$1.8M
WAREHOUSE, STORAGE
Est. value
$735,000
INDUSTRIAL (GENERAL) Current
RETAIL STORES
WAREHOUSE, STORAGE
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
1998
Heating
NONE
Stories
1
Buildings
3
Lot
1.03 ac
Current owner
From public records · entity-resolved
STEVEN G YESSICK SR.
Individual
Free & Clear · 0 yrs held
Mailing address
622 W BROW RD, LOOKOUT MOUNTAIN, TN 37350-1118
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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