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Property profile & analytics
OFF-MARKET
Estimated value
$3,330,000
Manufacturing properties
238 Industrial Park Dr Soddy Daisy, TN 37379-4226
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US80-1803289
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1993
Total area
55,855 SF
Lot
6.01 ac (261,796 SF)
Zoning code
M2
APN
073 111.13
UPID
US80-1803289
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
-
QVS Inc Sanitation Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.54M
Comparable Approach
Comparable
$2.75M
Blend (final)
Blend
$3.33M
Owner & transaction history
Ttg Partnership · 3 yrs held
Ttg Partnership
since 2022
Last sale
$3.4M
6 recorded transactions
Zoning & alternative use
M2 · Soddy Daisy, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$3.8M
+12.9%
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 Soddy Daisy submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Soddy Daisy 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
$3,240,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$4,920,000
6.5%
$4,540,000
7%
$4,215,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$3,405,000
Current use
WAREHOUSE, STORAGE
$3,845,000
Change: +13% · Conversion: Easy
Blend value · Realmo final
$3.33M
Range $3.00M – $3.66M · ±10% · vs last sale $3.35M (Sep 1 2022)
Last sale anchor
$3.35M
Sep 1 2022
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
$60 / 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
$18,433
Tax year 2023
Assessed value
$543,000
Assessed 2023
Previous assessed
$543,000
+0.0% YoY
Effective rate
3.39%
On assessed value
Land market value
$371,400
Improvement market value
$986,100
Total market value
$1,357,500
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Off-Market
Year built
1993
Heating
YES
Buildings
3
Stories
1
Total area
55,855 SF
Lot
6.01 ac (261,796 SF)
Zoning code
M2
APN
073 111.13
UPID
US80-1803289
Jurisdiction
HAMILTON
Zoning & alternative use
M2 · Soddy Daisy, TN
Zoning M2 · permitted uses
M2 · Soddy Daisy, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Soddy Daisy. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$3.4M
WAREHOUSE, STORAGE
Est. value
$3.8M
INDUSTRIAL (GENERAL) Current
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
1993
Heating
YES
Stories
1
Buildings
3
Lot
6.01 ac
Current owner
From public records · entity-resolved
Ttg Partnership
Entity
Mailing address
PO BOX 23224, CHATTANOOGA, TN 37422-3224
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 1, 2022
$3,350,000
Ttg Partnership
Mgm Properties
Warranty Deed
$2,680,000 · Rockpoint Bank NA
Apr 24, 2019
—
Mgm Properties
Mgm Properties LLC
Quit Claim Deed
related
$1,500,000 · Community Nat'l Bk
Dec 18, 2018
—
Medallion Cap INC
Onsideration Qvs INC
Quit Claim Deed
related
—
Dec 18, 2018
$1,321,568
Mgm Properties LLC
Medallion Cap INC
Grant Deed
$1,271,568 · Medallion Cap
Dec 18, 1998
—
Iomar Foods Corp
Qvs INC
Grant Deed
related
—
Jul 2, 1998
—
Qvs INC
—
Deed Of Trust
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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