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Property profile & analytics
OFF-MARKET
Estimated value
$600,000
Grocery and convenience stores
2115 Dodds Ave Chattanooga, TN 37404-5437
Individually Owned
12-yr Hold
Absentee Owner
Free & Clear
Property ID
US80-3459911
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1972
Total area
2,112 SF
Lot
0.73 ac (31,725 SF)
Zoning code
C2
APN
156F K 013
UPID
US80-3459911
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
-
SMILE FUELS Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$599k
Blend (final)
Blend
$600k
Owner & transaction history
Ramila Chaudhari · 12 yrs held
Ramila Chaudhari
since 2014
7 recorded transactions
Zoning & alternative use
C2 · Chattanooga, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
MEDICAL BUILDING
$525,000
Change: 0% · Conversion: Difficult
AUTO REPAIR, GARAGE
$450,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$600k
Range $540k – $660k · ±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
$284 / 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
$5,068
Tax year 2023
Assessed value
$226,520
Assessed 2023
Previous assessed
$226,520
+0.0% YoY
Effective rate
2.24%
On assessed value
Land market value
$225,600
Improvement market value
$340,700
Total market value
$566,300
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1972
Heating
NONE
Stories
1
Total area
2,112 SF
Lot
0.73 ac (31,725 SF)
Zoning code
C2
APN
156F K 013
UPID
US80-3459911
Jurisdiction
HAMILTON
Zoning & alternative use
C2 · Chattanooga, TN
Zoning C2 · permitted uses
C2 · 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
MEDICAL BUILDING
Est. value
$525,000
AUTO REPAIR, GARAGE
Est. value
$450,000
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
Heating
NONE
Stories
1
Lot
0.73 ac
Current owner
From public records · entity-resolved
Ramila Chaudhari
Individual
Free & Clear · 12 yrs held
Mailing address
4408 HWY 58, CHATTANOOGA, TN 37416-3015
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
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
Jan 13, 2026
—
Jay Chaudhari
—
Deed
related
$500,000 · Millenium Investment Group LLC
May 23, 2024
—
Cjay INC
—
Deed
related
$700,000 · Cjay INC
Dec 8, 2023
—
Jay Chaudhari Ramilaben
—
Deed
related
$1,255,000 · Firstbank
Sep 27, 2017
—
Ramilaben J Chaudhari
—
Trustees Deed
related
$350,000 · Millenium Inv Grp
Oct 14, 2016
—
Ramila Chaudhari
—
Trustees Deed
related
$400,000 · Millenium Inv Grp
Mar 21, 2014
—
Ramila Chaudhari
Chaudhari,savita
Quit Claim Deed
related
—
Nov 11, 2009
$225,000
Savita Chaudhari
Mapco Express INC
Grant Deed
$250,000 · Shadday Companies INC
Aug 7, 2007
—
Mapco Express INC
—
Deed Of Trust
related
$16,128,006 · Lehman Commercial Paper INC
May 10, 2007
$580,000
Mapco Express INC
Favorite One Properties
Grant Deed
—
Aug 29, 2001
—
Favorite One Properties LP
Fm Leasing I LP
Grant Deed
related
—
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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