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Property profile & analytics
OFF-MARKET
Warehouses
400 Workman Rd Chattanooga, TN 37410-2183
Entity Owned
Absentee Owner
Free & Clear
Property ID
US80-1108187
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1966
Total area
65,222 SF
Lot
41.56 ac (1,810,354 SF)
Zoning code
M1
APN
167F F 004
UPID
US80-1108187
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
-
Pick Your Part - Chattanooga Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Nnn Reit INC
Nnn Reit INC
since 2025
Last sale
$12.3M
4 recorded transactions
Zoning & alternative use
M1 · Chattanooga, TN
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$20,124
Tax year 2023
Assessed value
$899,480
Assessed 2023
Previous assessed
$899,480
+0.0% YoY
Effective rate
2.24%
On assessed value
Land market value
$1,070,200
Improvement market value
$1,178,500
Total market value
$2,248,700
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1966
Heating
NONE
Buildings
3
Stories
1
Total area
65,222 SF
Lot
41.56 ac (1,810,354 SF)
Zoning code
M1
APN
167F F 004
UPID
US80-1108187
Jurisdiction
HAMILTON
Zoning & alternative use
M1 · Chattanooga, TNZoning M1 · permitted uses
M1 · Chattanooga, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
code of ordinances
Building & site characteristics
From public records
Year built
1966
Heating
NONE
Stories
1
Buildings
3
Lot
41.56 ac
Current owner
From public records · entity-resolved
Nnn Reit INC
Entity
Free & Clear · 0 yrs held
Mailing address
5846 CROSSINGS BLVD, ANTIOCH, TN 37013-3129
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 8, 2025
$12,260,273
Nnn Reit INC
Lkq Pick Your Part Southeast LLC
Special Warranty Deed
—
Jul 9, 2025
—
Lkq Pick Ypur Part Southeast LLC
Lkq Southeast INC
Deed
related
—
Feb 28, 2013
$449,750
Lkq Of Tennessee INC
Brown,robert L
Grant Deed
—
Jul 19, 2007
—
Warehouse Properties
Investment Properties
Quit Claim 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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