Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    345 Roadway Dr Ringgold, GA 30736

    • Distribution centers
    • 103,950 SF
    • 95.00 lot acres
    For Lease
    View listing
    $1,327,500
    Value Estimations
    $1,045,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-2796637
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Distribution centers

    Property Details for 345 Roadway Dr

    Year built
    1983
    Construction
    STEEL FRAME
    Lot size
    95.00 lot acres
    Property size
    103,950 SF
    Zone code
    FOR
    Property type
    Distribution centers
    APN
    0011D062
    APU
    0011D062

    Description

    This exceptional industrial property, located at 345 Roadway Dr in Ringgold, Georgia (zip code 30736), offers a substantial 111,750 square feet of space, ideal for distribution, manufacturing, or warehousing operations. The main building encompasses 106,982 square feet, complemented by an additional 4,768 square feet in other structures. The facility boasts a remarkable 200 loading doors, facilitating efficient cross-dock operations. Built in 1983, the property sits on a generous 94.32-acre lot and features a clear height ranging from 12 to 13 feet. Ample parking is provided with approximately 475 stalls. The property includes 6,467 square feet of office space and a dedicated truck maintenance facility. Its strategic location offers convenient access to Interstate I-75, just 0.6 miles away (approximately a 2-minute drive). The property is zoned I-1 (Light Industrial District), making it suitable for a variety of industrial uses. This is a rare opportunity to acquire a well-established, large-scale industrial facility in a prime location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $1,045,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Ringgold
    County
    Catoosa
    State
    Georgia
    Longitude
    -85.2018
    Latitude
    34.9645
    CBSA code
    16860
    CBSA name
    CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $39,411
    $540,000
    $863,121
    $1,403,121
    -
    $1,350,000
    $2,157,803
    $3,507,803

    Comparable in this City

    • Value Estimation
      $340,000
      12,500 SF

      1058 Old Ml Rd

      DISTRIBUTION WAREHOUSE • 12,500 SF
      1058 Old Ml Rd, Ringgold, GA 30736-5138
      View Details
    • Value Estimation
      $445,000
      7,640 SF

      11545 Hwy 41

      DISTRIBUTION WAREHOUSE • 7,640 SF
      11545 Hwy 41, Ringgold, GA 30736-8689
      View Details
    • Value Estimation
      $1,140,000
      10,506 SF

      272 Gtwy Dr

      DISTRIBUTION WAREHOUSE • 10,506 SF
      272 Gtwy Dr, Ringgold, GA 30736-7319
      View Details
    • Value Estimation
      $270,000
      9,720 SF

      112 Price Cir

      WAREHOUSE, STORAGE • 9,720 SF
      112 Price Cir, Ringgold, GA 30736-6101
      View Details
    • Value Estimation
      $300,000
      2,400 SF

      58 Flynn Industrial Dr

      WAREHOUSE, STORAGE • 2,400 SF
      58 Flynn Industrial Dr, Ringgold, GA 30736-6370
      View Details
    • Value Estimation
      $300,000
      7,200 SF

      5956 Hwy 41

      WAREHOUSE, STORAGE • 7,200 SF
      5956 Hwy 41, Ringgold, GA 30736-2633
      View Details

    Similar Nearby for Sale

    • $1,495,000
      11.00 Acres

      Ringgold Industrial Land - I-75 Access

      11 Acres, C-1 Zoning, Development Ready
      459 Bandy Ln, Ringgold, GA 30736
      View Details
    • $625,000
      2,976 SF

      Ringgold, GA Commercial Gem

      Versatile Farmhouse, 3+ Acres
      109 Daffron Rd, Ringgold, GA 30736
      View Details
    • $3,900,000
      6.87 Acres

      Ringgold Commercial Land & Buildings

      Prime 6.87-acre commercial property with two buildings.
      5568 Battlefield Pkwy, Ringgold, GA 30736
      View Details
    • $1,500,000
      165.54 Acres

      Prime Ringgold Residential Land

      165 Acres, Stunning Views, Development Ready
      0 Waters Dr, Ringgold, GA 30736
      View Details
    • $75,000
      2.87 Acres

      Ringgold Land in Heritage District

      Unrestricted 2.87 acre lot in sought after Heritage school district.
      Pineywood Dr, Ringgold, GA 30736
      View Details
    • $1,100,000
      9,060 SF

      Renovated Multifamily Investment Opportunity

      Ten-unit multifamily property in Ringgold, GA, renovated in 2024.
      100 Creeks Bend Dr, Ringgold, GA 30736
      View Details

    Similar Nearby for Lease

    • $6,000 /Mo

      Industrial Land Ready For Lease

      2.23-acre industrial-zoned property for lease, ideal for Industrial Outdoor Storage.
      191 Candy Ln, Ringgold, GA 30736
      View Details
    • Contact for pricing
      3,389 SF

      Office Space in Ringgold, GA

      3389 SF office space available for rent.
      4700 Battlefield Pkwy, Ringgold, GA 30736
      View Details
    • Contact for pricing
      1,400 SF

      Retail Space in Publix-Anchored Center

      Retail space available in Fort Oglethorpe's desirable location.
      3809 Battlefield Pkwy, Ringgold, GA 30736
      View Details
    • $1,327,500
      45 SF

      Cleared Land Near Interstate 75

      45 acres of commercially zoned land with easy interstate access.
      345 Roadway Dr, Ringgold, GA 30736
      View Details
    • Contact for pricing
      11,000 SF

      Medical Office Space For Rent

      Medical office space available in high-traffic Battlefield Parkway location.
      4628 Battlefield Pkwy, Ringgold, GA 30736
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    345 Roadway Dr
    Ringgold, GA 30736
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.