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Property profile & analytics
OFF-MARKET
Estimated value
$470,000
Gas stations
4659 Shallowford Rd Chattanooga, TN 37411-1130
Entity Owned
4-yr Hold
Free & Clear
Property ID
US80-1829256
Property profile
Verified
Property type
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Year built
1989
Total area
4,992 SF
Lot
10.71 ac (466,528 SF)
Zoning code
M2
APN
137L A 001
UPID
US80-1829256
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
-
A L Hearon Contracting Inc Trucking Company
-
Hearon Construction General Contractor Construction Company
-
Mayse Construction Co Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$470k
Owner & transaction history
Hearon Property LLC · 4 yrs held
Hearon Property LLC
since 2022
Last sale
$30,000
4 recorded transactions
Zoning & alternative use
M2 · 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
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
Blend value · Realmo final
$470k
Range $423k – $517k · ±10% · vs last sale $30k (Jun 22 2022)
Last sale anchor
$30k
Jun 22 2022
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
$94 / 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
$2,938
Tax year 2023
Assessed value
$131,320
Assessed 2023
Previous assessed
$131,320
+0.0% YoY
Effective rate
2.24%
On assessed value
Land market value
$194,900
Improvement market value
$133,400
Total market value
$328,300
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
1989
Heating
YES
Buildings
3
Stories
1
Total area
4,992 SF
Lot
10.71 ac (466,528 SF)
Zoning code
M2
APN
137L A 001
UPID
US80-1829256
Jurisdiction
HAMILTON
Zoning & alternative use
M2 · Chattanooga, TNZoning M2 · permitted uses
M2 · 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
1989
Heating
YES
Stories
1
Buildings
3
Lot
10.71 ac
Current owner
From public records · entity-resolved
Hearon Property LLC
Entity
Free & Clear · 4 yrs held
Mailing address
PO BOX 23924, CHATTANOOGA, TN 37422-3924
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 22, 2022
—
Hearon Property LLC
Alvin L Hearon
Intrafamily Transfer
related
—
Dec 20, 2021
$266,667
Alvin L Hearon
Alvin L Hearon
Executors Deed
related
—
May 29, 2019
$1,500
City Of Chattanooga Tn
Mayse Properties LLC
Deed
related
—
Jun 29, 1988
$30,000
Woodrow Etal Hearon
Unknown
Grant Deed
—
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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