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Property profile & analytics
OFF-MARKET
Estimated value
$880,000
Gas stations
4540 Turntable Rd Chattanooga, TN 37421-2194
Individually Owned
3-yr Hold
Free & Clear
Property ID
US80-3301544
Property profile
Verified
Property type
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Year built
2015
Total area
10,000 SF
Lot
2.03 ac (88,427 SF)
Zoning code
M1
APN
138A A 012
UPID
US80-3301544
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
-
TVRM - Exhibit Building Museum
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.05M
Blend (final)
Blend
$880k
Owner & transaction history
Tennessee Valley Railroad Museum · 3 yrs held
Tennessee Valley Railroad Museum
since 2023
Last sale
$1.3M
7 recorded transactions
Zoning & alternative use
M1 · Chattanooga, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
code of ordinances
Top alternative use upside
Retail stores
$1.3M
+28.3%
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
$880,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
SERVICE STATION (FULL SERVICE)
$1,050,000
Current use
RETAIL STORES
$1,345,000
Change: +28% · Conversion: Difficult
Blend value · Realmo final
$880k
Range $792k – $968k · ±10% · vs last sale $1.33M (Jul 20 2023)
Last sale anchor
$1.33M
Jul 20 2023
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
$88 / 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
Previous assessed
$389,600
Land market value
$353,700
Improvement market value
$625,500
Total market value
$979,200
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
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Status
Off-Market
Year built
2015
Heating
NONE
Stories
1
Total area
10,000 SF
Lot
2.03 ac (88,427 SF)
Zoning code
M1
APN
138A A 012
UPID
US80-3301544
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
Alternative use value scenarios
Repositioning upside vs current use
SERVICE STATION (FULL SERVICE) Current
Est. value
$1.1M
RETAIL STORES
Est. value
$1.3M
SERVICE STATION (FULL SERVICE) Current
RETAIL STORES
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
2015
Heating
NONE
Stories
1
Lot
2.03 ac
Current owner
From public records · entity-resolved
Tennessee Valley Railroad Museum
Individual
Free & Clear · 3 yrs held
Mailing address
4119 CROMWELL RD, CHATTANOOGA, TN 37421-2119
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 20, 2023
$10,000
Tennessee Valley Railroad Museum
Ckm Properties LLC
Quit Claim Deed
related
—
May 7, 2021
$1,325,000
Tennessee Valley Railroad Museum
Randal J Davis
Warranty Deed
$750,000 · George P Eichelberger Etux
Nov 20, 2019
$1,145,000
Randal J Davis
Mdr Dev LLC
Warranty Deed
$600,000 · Pinnacle Bk
Jun 28, 2017
—
Mdr Dev LLC
—
Deed
related
$534,405 · Reliant Bk
Mar 13, 2015
—
Mdr Dev LLC
—
Trustees Deed
related
$507,305 · Fsg Bank
Jan 26, 2015
—
Mdr Dev LLC
—
Trustees Deed
related
$150,000 · Fsg Bank
Dec 4, 2014
$192,000
Tennessee Valley Railroad Muse
Mdr Dev LLC
Warranty Deed
—
Dec 7, 2011
—
Mdr Dev LLC
—
Trustees Deed
related
$170,500 · Fsgbank NA Gunbarrel
Apr 15, 2011
—
Mdr Dev LLC
—
Trustees Deed
related
$200,000 · Northwest Ga Bank
Nov 16, 2009
$225,000
Florida Rock & Tank Lines INC
Mdr Dev LLC
Warranty Deed
—
Aug 21, 2009
—
Valley Railroad Muse Tennessee
Mdr Dev LLC
Quit Claim Deed
related
—
Sep 25, 2008
$770,000
Mdr Dev LLC
Bacon,reed L JR
Warranty Deed
—
Dec 31, 2002
—
Chattanooga City Of
Bacon,r JR
Grant Deed
related
—
—
—
Mdr Dev LLC
—
Loan Modification
related
$557,306 · Fsg Bank
—
—
Mdr Dev LLC
—
Deed Of Trust
related
$534,405 · Reliant Bk
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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