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Property profile & analytics
OFF-MARKET
Estimated value
$3,860,000
Manufacturing properties
4120 Crk Rd Chattanooga, TN 37406-1021
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US80-3208663
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1975
Total area
38,601 SF
Lot
2.98 ac (129,809 SF)
Zoning code
M1
APN
119P B 002.03
UPID
US80-3208663
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
-
Landrace Bioscience Biochemical Supplier
-
Valley Health & Safety Supply Distribution Center Logistics Company
-
LoLo Bars, LLC. Food Processing Plant Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.86M
Blend (final)
Blend
$3.86M
Owner & transaction history
Tennessee Valley Ice Company LLC · 4 yrs held
Tennessee Valley Ice Company LLC
since 2022
7 recorded transactions
Zoning & alternative use
M1 · Chattanooga, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$4.7M
+94.9%
Commercial (general)
$3.4M
+41.8%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$2,405,000
Current use
RETAIL STORES
$4,690,000
Change: +95% · Conversion: Moderate
COMMERCIAL (GENERAL)
$3,410,000
Change: +42% · Conversion: Difficult
Blend value · Realmo final
$3.86M
Range $3.47M – $4.25M · ±10%
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
$100 / 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
$16,642
Tax year 2023
Assessed value
$743,840
Assessed 2023
Previous assessed
$743,840
+0.0% YoY
Effective rate
2.24%
On assessed value
Land market value
$389,300
Improvement market value
$1,470,300
Total market value
$1,859,600
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1975
Heating
YES
Buildings
6
Stories
1
Total area
38,601 SF
Lot
2.98 ac (129,809 SF)
Zoning code
M1
APN
119P B 002.03
UPID
US80-3208663
Jurisdiction
HAMILTON
Zoning & alternative use
M1 · Chattanooga, TN
Zoning M1 · permitted uses
M1 · 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
INDUSTRIAL (GENERAL) Current
Est. value
$2.4M
RETAIL STORES
Est. value
$4.7M
COMMERCIAL (GENERAL)
Est. value
$3.4M
INDUSTRIAL (GENERAL) Current
RETAIL STORES
COMMERCIAL (GENERAL)
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
1975
Heating
YES
Stories
1
Buildings
6
Lot
2.98 ac
Current owner
From public records · entity-resolved
Tennessee Valley Ice Company LLC
Entity
Mailing address
4120 S CRK RD, CHATTANOOGA, TN 37406-1021
Mailing matches property
Yes
Owner-occupied
Yes
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
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 3, 2022
$17,000
Tennessee Valley Ice Company LLC
Sub Zero Properties LLC
Warranty Deed
—
May 13, 2021
—
Sub Zero Properties LLC
—
Deed
related
$1,855,000 · Pinnacle Bank
Nov 15, 2019
—
Sub-zero Properties LLC
—
Deed
related
$200,000 · Simplybank
Sep 19, 2019
—
Sub-zero Properties LLC
—
Deed
related
$210,375 · Simplybank
Jun 27, 2019
$1,895,000
Sub-zero Properties
S Creek LLC
Warranty Deed
$1,610,750 · Simplybank
Jun 19, 2019
—
S Creek LLC
—
Trustees Deed
related
$500,000 · S&s Invs Grp LLC
May 6, 2019
—
S Creek LLC
—
Deed
related
$1,260,000 · Community Nat'l Bk
Feb 25, 2019
$972,001
S Creek LLC
Hood Kenneth C
Trustees Deed
—
Jun 16, 2004
$800,000
Bttm Development LLC
Coffey,leslie D
Grant Deed
—
Jun 15, 2004
$800,000
Bttm Dev LLC
Owner,record
Warranty Deed
related
—
Feb 11, 2002
$450,000
Leslie D Coffey
Owens,brockway P
Grant Deed
—
Mar 10, 1999
$15,000
H L Bloodworth
Owens,brockway P
Grant Deed
—
—
—
S Creek LLC
—
Deed Of Trust
related
$1,260,000 · Community Nat'l Bk
—
—
Sub-zero Properties LLC
—
Loan Modification
related
$210,375 · Simplybank
—
—
Sub-zero Properties LLC
—
Deed Of Trust
related
$200,000 · Simplybank
—
—
Bttm Dev LLC
—
Deed Of Trust
related
$1,131,000 · First Community Bank East Tn
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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