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Property profile & analytics
OFF-MARKET
Estimated value
$935,000
Manufacturing properties
4511 Dodds Ave Chattanooga, TN 37407-3327
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US80-1199148
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1925
Total area
15,521 SF
Lot
1.34 ac (58,370 SF)
Zoning code
M1
APN
168I L 016
UPID
US80-1199148
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
-
Anderson Machine Company Inc Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.20M
Comparable Approach
Comparable
$652k
Blend (final)
Blend
$935k
Owner & transaction history
Zsr Investments LLC · 2 yrs held
Zsr Investments LLC
since 2024
Last sale
$950,000
6 recorded transactions
Zoning & alternative use
M1 · Chattanooga, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$970,000
+0.5%
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
$1,205,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,300,000
6.5%
$1,200,000
7%
$1,115,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$970,000
Current use
COMMERCIAL (GENERAL)
$970,000
Change: +0% · Conversion: Difficult
WAREHOUSE, STORAGE
$845,000
Change: -12% · Conversion: Easy
Blend value · Realmo final
$935k
Range $842k – $1.03M · ±10% · vs last sale $950k (Mar 25 2024)
Last sale anchor
$950k
Mar 25 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
$60 / 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
$2,469
Tax year 2023
Assessed value
$110,360
Assessed 2023
Previous assessed
$110,360
+0.0% YoY
Effective rate
2.24%
On assessed value
Land market value
$54,100
Improvement market value
$221,800
Total market value
$275,900
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
1925
Heating
NONE
Buildings
6
Stories
1
Total area
15,521 SF
Lot
1.34 ac (58,370 SF)
Zoning code
M1
APN
168I L 016
UPID
US80-1199148
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
$970,000
COMMERCIAL (GENERAL)
Est. value
$970,000
WAREHOUSE, STORAGE
Est. value
$845,000
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
1925
Heating
NONE
Stories
1
Buildings
6
Lot
1.34 ac
Current owner
From public records · entity-resolved
Zsr Investments LLC
Entity
Mailing address
4511 DODDS AVE, CHATTANOOGA, TN 37407-3327
Mailing matches property
Yes
Owner-occupied
Yes
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 25, 2024
$950,000
Zsr Investments LLC
Edwin T Yancy
Special Warranty Deed
$1,183,114 · First Citizens National Bank
Oct 12, 2021
—
Edwin T Yancy
City Of Chattanooga
Quit Claim Deed
related
$356,123 · First Volunteer Bank
Jun 30, 2016
—
Edwin T Yancy
—
Deed
related
$245,258 · Millennium Bk
Jul 15, 2015
—
Edwin T Yancy
Yancy,pamela G
Quit Claim Deed
related
—
—
—
Edwin T Yancy
—
Loan Modification
related
$245,258 · Millennium Bk
—
—
Yancy,edwin T & Pamela G
—
Deed Of Trust
related
$352,000 · Community Tr & Banking
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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