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Property profile & analytics
OFF-MARKET
Estimated value
$26,015,000
Outlet malls
501 Signal Mtn Rd Chattanooga, TN 37405-1919
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US80-0791254
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
2006
Total area
206,680 SF
Lot
25.11 ac (1,093,792 SF)
Zoning code
M1
APN
126B A 002
UPID
US80-0791254
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
-
Walmart Tech Services Tech Support Center (Bike/Boat/Book/etc) Store
-
Walmart Bakery Bakery Specialty Food Shop
-
Ria Money Transfer - Walmart Bank Credit Union
-
Walmart Patio & Garden Services Landscaping General Contractor
-
MoneyGram Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$26.14M
Blend (final)
Blend
$26.02M
Owner & transaction history
Wb Chattanooga LLC · 3 yrs held
Wb Chattanooga LLC
since 2022
6 recorded transactions
Zoning & alternative use
M1 · Chattanooga, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$38.2M
+17.2%
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
RETAIL STORES
$32,645,000
Current use
COMMERCIAL (GENERAL)
$38,240,000
Change: +17% · Conversion: Easy
Blend value · Realmo final
$26.02M
Range $23.41M – $28.62M · ±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
$126 / 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
$174,460
Tax year 2023
Assessed value
$7,797,800
Assessed 2023
Previous assessed
$7,797,800
+0.0% YoY
Effective rate
2.24%
On assessed value
Land market value
$7,558,000
Improvement market value
$11,936,500
Total market value
$19,494,500
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
2006
Heating
YES
Buildings
7
Stories
1
Total area
206,680 SF
Lot
25.11 ac (1,093,792 SF)
Zoning code
M1
APN
126B A 002
UPID
US80-0791254
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
RETAIL STORES Current
Est. value
$32.6M
COMMERCIAL (GENERAL)
Est. value
$38.2M
RETAIL STORES Current
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
2006
Heating
YES
Stories
1
Buildings
7
Lot
25.11 ac
Current owner
From public records · entity-resolved
Wb Chattanooga LLC
Entity
Mailing address
PO BOX 8050, BENTONVILLE, AR 72712-8055
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 26, 2022
$8,600,000
Wb Chattanooga LLC
Bright Meyers Sgnal Mountain Assc L
Limited Warranty Deed
$5,250,000 · Community Trust Bank INC
Jan 24, 2008
$25,904,002
Wal-mart Real Estate Busn
Bright-meyers Signal Mtn Assoc
Warranty Deed
—
Sep 30, 2005
—
Ledford Otto M & Ruth R Trust
Ledford O M
Quit Claim Deed
related
—
Sep 30, 2005
$9,500,000
Bright-meyers Signal Mtn Assoc
Ledford Otto M & R R Trust
Warranty Deed
—
Jun 2, 2004
—
Record Owner
Owner,record
Quit Claim Deed
related
—
May 11, 2004
—
Record Owner
Owner,record
Quit Claim 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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