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Property profile & analytics
OFF-MARKET
Estimated value
$490,000
Gas stations
5909 Lee Hwy Chattanooga, TN 37421-3510
Entity Owned
5-yr Hold
Free & Clear
Property ID
US80-0795153
Property profile
Verified
Property type
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Year built
2003
Total area
3,480 SF
Lot
0.86 ac (37,366 SF)
Zoning code
C2
APN
158A D 007
UPID
US80-0795153
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
-
Fastech Auto Service Auto Repair Shop Vehicle Inspection Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$541k
Blend (final)
Blend
$490k
Owner & transaction history
Reagan Outdoor Advertising LLC · 5 yrs held
Reagan Outdoor Advertising LLC
since 2021
7 recorded transactions
Zoning & alternative use
C2 · Chattanooga, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
code of ordinances
Top alternative use upside
Medical building
$845,000
+131.2%
Auto repair, garage
$740,000
+102.3%
Commercial (general)
$665,000
+82.3%
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
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
SERVICE STATION (FULL SERVICE)
$365,000
Current use
MEDICAL BUILDING
$845,000
Change: +131% · Conversion: Difficult
AUTO REPAIR, GARAGE
$740,000
Change: +102% · Conversion: Difficult
COMMERCIAL (GENERAL)
$665,000
Change: +82% · Conversion: Difficult
RETAIL STORES
$470,000
Change: +28% · Conversion: Difficult
Blend value · Realmo final
$490k
Range $441k – $539k · ±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
$141 / 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
$3,393
Tax year 2023
Assessed value
$151,640
Assessed 2023
Previous assessed
$151,640
+0.0% YoY
Effective rate
2.24%
On assessed value
Land market value
$220,800
Improvement market value
$158,300
Total market value
$379,100
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
2003
Heating
NONE
Stories
1
Total area
3,480 SF
Lot
0.86 ac (37,366 SF)
Zoning code
C2
APN
158A D 007
UPID
US80-0795153
Jurisdiction
HAMILTON
Zoning & alternative use
C2 · Chattanooga, TNZoning C2 · permitted uses
C2 · 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
$365,000
MEDICAL BUILDING
Est. value
$845,000
AUTO REPAIR, GARAGE
Est. value
$740,000
COMMERCIAL (GENERAL)
Est. value
$665,000
RETAIL STORES
Est. value
$470,000
SERVICE STATION (FULL SERVICE) Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
2003
Heating
NONE
Stories
1
Lot
0.86 ac
Current owner
From public records · entity-resolved
Reagan Outdoor Advertising LLC
Entity
Free & Clear · 5 yrs held
Mailing address
PO BOX 4261, CHATTANOOGA, TN 37405-0261
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 28, 2021
—
Reagan Outdoor Advertising LLC
Wise Properties Tn LLC
Lease
—
May 29, 2004
—
Wise Properties Tn LLC
Owner,record
Grant Deed
related
—
Jun 4, 2003
$200,000
Wise Properties LLC
Miller,virginia
Grant Deed
—
—
—
Wise Properties Tn LLC
—
Deed Of Trust
related
$270,320 · Fsgbank NA Gunbarrel
—
—
Wise Properties Tn LLC
—
Deed Of Trust
related
$267,303 · Fsgbank NA Gunbarrel
—
—
Wise Properties Tn LLC
—
Deed Of Trust
related
$273,098 · Fsgbank NA Gunbarrel
—
—
Wise Properties Tn LLC
—
Deed Of Trust
related
$375,000 · Fsgbank NA Gunbarrel
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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