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Property profile & analytics
OFF-MARKET
Estimated value
$13,750,000
Warehouses
4310 Distribution Dr Chattanooga, TN 37416-3653
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US80-1199495
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1997
Total area
184,230 SF
Lot
17.02 ac (741,391 SF)
Zoning code
M2
APN
129P B 008.11
UPID
US80-1199495
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
-
Adorama Chattanooga Warehouse & Storage
-
Regis Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$13.75M
CAP Approach
CAP
$17.30M
Comparable Approach
Comparable
$11.82M
Blend (final)
Blend
$13.75M
Owner & transaction history
Chattanooga Distribution Drive LLC · 1 yrs held
Chattanooga Distribution Drive LLC
since 2024
Last sale
$13.8M
4 recorded transactions
Zoning & alternative use
M2 · Chattanooga, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$22.4M
+65.5%
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
$13,750,000
ML approach
$13,750,000
CAP Approach
CAP Return
Estimation
6%
$18,740,000
6.5%
$17,295,000
7%
$16,060,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$13,525,000
Current use
RETAIL STORES
$22,385,000
Change: +66% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$11,490,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$13.75M
Range $12.38M – $15.13M · ±10% · vs last sale $13.75M (Nov 1 2024)
Last sale anchor
$13.75M
Nov 1 2024
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
$75 / 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
$57,087
Tax year 2023
Assessed value
$2,551,600
Assessed 2023
Previous assessed
$2,551,600
+0.0% YoY
Effective rate
2.24%
On assessed value
Land market value
$1,616,900
Improvement market value
$4,762,100
Total market value
$6,379,000
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
1997
Heating
NONE
Stories
1
Total area
184,230 SF
Lot
17.02 ac (741,391 SF)
Zoning code
M2
APN
129P B 008.11
UPID
US80-1199495
Jurisdiction
HAMILTON
Zoning & alternative use
M2 · Chattanooga, TN
Zoning M2 · permitted uses
M2 · 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
WAREHOUSE, STORAGE Current
Est. value
$13.5M
RETAIL STORES
Est. value
$22.4M
INDUSTRIAL (GENERAL)
Est. value
$11.5M
WAREHOUSE, STORAGE Current
RETAIL STORES
INDUSTRIAL (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
1997
Heating
NONE
Stories
1
Lot
17.02 ac
Current owner
From public records · entity-resolved
Chattanooga Distribution Drive LLC
Entity
Mailing address
700 LARKSPUR LNDG CIR STE #199, LARKSPUR, CA 94939-1754
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Nov 1, 2024
$13,750,000
Chattanooga Distribution Drive LLC
4310 Distribution Drive Holdings Ll
Special Warranty Deed
$7,900,000 · The Lincoln National Life Insurance
Jun 28, 2019
$12,000,000
4310 Distribution Drive Hldgs
Regis LLC
Grant Deed
$7,000,000 · Pnc Bk
Jul 21, 2009
—
Regis INC
Industrial Dev Board Of Cnty/hami
Quit Claim Deed
related
—
Sep 27, 2004
$49,830
Industrial Dev Of Hamilton Co
Owner,record
Warranty 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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