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Property profile & analytics
OFF-MARKET
Estimated value
$2,330,000
Drive through restaurants
3105 Cummings Hwy, Chattanooga, TN 37419-2389
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US80-1388258
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2022
Total area
3,496 SF
Lot
0.9 ac (39,000 SF)
Zoning code
C2
APN
154G K 007
UPID
US80-1388258
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
-
Zaxby's Chicken Fingers & Buffalo Wings Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.08M
Blend (final)
Blend
$2.33M
Owner & transaction history
Z Fried Exchanger LLC · 3 yrs held
Z Fried Exchanger LLC
since 2022
Last sale
$2.6M
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
$2,340,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.33M
Range $2.10M – $2.56M · ±10% · vs last sale $2.58M (Aug 2 2022)
Last sale anchor
$2.58M
Aug 2 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
$666 / 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
$18,144
Tax year 2023
Assessed value
$810,960
Assessed 2023
Previous assessed
$745,520
+8.8% YoY
Effective rate
2.24%
On assessed value
Land market value
$539,000
Improvement market value
$1,488,400
Total market value
$2,027,400
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
2022
Heating
NONE
Stories
1
Total area
3,496 SF
Lot
0.9 ac (39,000 SF)
Zoning code
C2
APN
154G K 007
UPID
US80-1388258
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.
Building & site characteristics
From public records
Year built
2022
Heating
NONE
Stories
1
Lot
0.9 ac
Current owner
From public records · entity-resolved
Z Fried Exchanger LLC
Entity
Mailing address
4407 BEE CAVES RD STE #212, WEST LAKE HILLS, TX 78746-6410
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 2, 2022
$2,580,645
Z Fried Exchanger LLC
1796 Chicken Properties LLC
Special Warranty Deed
$13,055,451 · Vast Bank NA
Apr 7, 2021
$400,000
1796 Chicken Properties LLC
Jsb Holdings Cummings Highway Gp
Warranty Deed
—
Oct 25, 2016
$275,000
Jsb Holdings-cummings Highway
Darr,carolyn
Warranty Deed
$220,000 · Firstbank
Aug 31, 2009
$300,000
Carolyn Darr
Featherston Kevin L
Trustees Deed
related
—
Jun 16, 2004
$895,000
James W Longshore
Darr,j Ernest II
Grant Deed
—
Jun 15, 2004
$95,000
Longshore James W
Owner,record
Warranty Deed
related
—
—
—
Jsb Holdings-cummings Hwy Gp
—
Loan Modification
related
$220,000 · First 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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