Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$4,980,000
Manufacturing properties
6024 Century Oaks Dr Chattanooga, TN 37416-3657
Entity Owned
6-yr Hold
Free & Clear
Property ID
US80-1891179
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1999
Total area
49,800 SF
Lot
4.26 ac (185,566 SF)
Zoning code
M1
APN
129K B 027.22
UPID
US80-1891179
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
-
Novo Health Services (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.98M
Blend (final)
Blend
$4.98M
Owner & transaction history
Sri Re LLC · 6 yrs held
Sri Re LLC
since 2019
7 recorded transactions
Zoning & alternative use
M1 · Chattanooga, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$7.0M
+125.8%
Retail stores
$6.1M
+94.9%
Warehouse, storage
$3.7M
+17.7%
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
INDUSTRIAL (GENERAL)
$3,105,000
Current use
COMMERCIAL (GENERAL)
$7,010,000
Change: +126% · Conversion: Difficult
RETAIL STORES
$6,050,000
Change: +95% · Conversion: Moderate
WAREHOUSE, STORAGE
$3,655,000
Change: +18% · Conversion: Easy
Blend value · Realmo final
$4.98M
Range $4.48M – $5.48M · ±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
$100 / 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
$25,377
Tax year 2023
Assessed value
$1,134,280
Assessed 2023
Previous assessed
$1,134,280
+0.0% YoY
Effective rate
2.24%
On assessed value
Land market value
$277,100
Improvement market value
$2,558,600
Total market value
$2,835,700
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
1999
Heating
NONE
Stories
1
Total area
49,800 SF
Lot
4.26 ac (185,566 SF)
Zoning code
M1
APN
129K B 027.22
UPID
US80-1891179
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
$3.1M
COMMERCIAL (GENERAL)
Est. value
$7.0M
RETAIL STORES
Est. value
$6.1M
WAREHOUSE, STORAGE
Est. value
$3.7M
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
RETAIL STORES
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
1999
Heating
NONE
Stories
1
Lot
4.26 ac
Current owner
From public records · entity-resolved
Sri Re LLC
Entity
Free & Clear · 6 yrs held
Mailing address
919 E MAIN ST STE #2200, RICHMOND, VA 23219-4604
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 25, 2020
—
Sri Re LLC
—
Deed
related
—
Jan 3, 2020
—
Sri Re LLC
—
Deed
related
$25,182,097 · Atlantic Union Bk
Oct 15, 2019
—
Sri Re LLC
Sri Healthcare LLC
Quit Claim Deed
related
—
Apr 6, 2018
—
Sri Healthcare LLC
—
Deed
related
$4,155,000 · Union Bk&tr
Nov 17, 2016
$2,656,800
Sri Healthcare LLC
Synergy Health North America I
Grant Deed
—
Nov 17, 2016
—
Synergy Health North America I
Industrial Dev Board Of Cnty/hami
Quit Claim Deed
related
—
Mar 8, 2012
—
Sri Of Surgical Express INC
—
Loan Modification
related
$3,408,840 · Bank Of America
Sep 3, 2008
$132,001
Sri Of Surgical Express INC
—
Deed Of Trust
related
$24,300,000 · Bank Of America
Feb 24, 1999
—
Industrial Development
First,security B
Grant Deed
related
—
Nov 19, 1998
$227,550
First Security Bank
First,security B
Grant Deed
related
—
—
—
Sri Re LLC
—
Deed Of Trust
related
$25,182,097 · Atlantic Union Bk
—
—
Sri Healthcare LLC
—
Deed Of Trust
related
$4,155,000 · Union Bk&tr
—
—
Sri Re LLC
—
Loan Modification
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 6024 Century Oaks Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
