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Property profile & analytics
OFF-MARKET
Estimated value
$1,130,000
Car washes
3450 Cummings Hwy Chattanooga, TN 37419-2377
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US80-3344696
Property profile
Verified
Property type
Car washes
Use group
CAR WASH - AUTOMATED
Year built
2022
Total area
3,816 SF
Lot
2.08 ac (90,605 SF)
Zoning code
C2
APN
154G F 001
UPID
US80-3344696
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
-
Le Nails Hair Salon Nail Salon
-
ModWash Car Wash
-
Lookout Valley Association Association Or Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.23M
Blend (final)
Blend
$1.13M
Owner & transaction history
Hutton Chattanooga Cummings Tn St L · 4 yrs held
Hutton Chattanooga Cummings Tn St L
since 2022
Last sale
$1.1M
6 recorded transactions
Zoning & alternative use
C2 · Chattanooga, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$950,000
+17.0%
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
$995,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$810,000
Current use
MEDICAL BUILDING
$950,000
Change: +17% · Conversion: Difficult
Blend value · Realmo final
$1.13M
Range $1.02M – $1.24M · ±10% · vs last sale $1.10M (May 19 2022)
Last sale anchor
$1.10M
May 19 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
$296 / 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
$25,179
Tax year 2023
Assessed value
$1,125,400
Assessed 2023
Previous assessed
$214,640
+424.3% YoY
Effective rate
2.24%
On assessed value
Land market value
$2,083,900
Improvement market value
$729,600
Total market value
$2,813,500
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
Car washes
Use group
CAR WASH - AUTOMATED
Status
Off-Market
Year built
2022
Heating
NONE
Stories
1
Total area
3,816 SF
Lot
2.08 ac (90,605 SF)
Zoning code
C2
APN
154G F 001
UPID
US80-3344696
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
AUTO REPAIR, GARAGE Current
Est. value
$810,000
MEDICAL BUILDING
Est. value
$950,000
AUTO REPAIR, GARAGE Current
MEDICAL BUILDING
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
2022
Heating
NONE
Stories
1
Lot
2.08 ac
Current owner
From public records · entity-resolved
Hutton Chattanooga Cummings Tn St L
Individual
Mailing address
736 CHERRY ST, CHATTANOOGA, TN 37402-1909
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
May 19, 2022
$1,100,000
Hutton Chattanooga Cummings Tn St L
Sarleena Enterprises INC
Special Warranty Deed
$4,018,578 · Cogent Bank
Mar 17, 2008
$34,875
Lookout Valley A Bright-meyers
First Tennessee Bank NA
Quit Claim Deed
related
—
Mar 17, 2008
$1,000,000
Sarleena Enterprises INC
Bright Meyers Lookout Valley Associ
Limited Warranty Deed
$525,000 · Wachovia Bank NA
Dec 14, 2004
—
Lookout Valley A Bright-meyers
Austin,thomas A
Quit Claim Deed
related
—
Dec 14, 2004
$250,000
Lookout Valley A Bright-meyers
Tatum,katherine H
Warranty Deed
—
—
—
Sarleena Ents INC
—
Deed Of Trust
related
$485,000 · Wells Fargo Bank
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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