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Property profile & analytics
FOR SALE
Drive through restaurants
6105 Ringgold Rd Chattanooga, TN 37412
Entity Owned
3-yr Hold
Free & Clear
Property ID
US80-1577588
For Sale
1 / 11
$1,475,000
6105 Ringgold Rd, Chattanooga, TN 37412
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Property summary
AI-generated overview
This 2,380 sq ft, free-standing, second-generation QSR restaurant in Chattanooga, TN is available for $2,075,000. Built in 2015, this single-story building sits on a 0.88-acre lot with a drive-thru, pylon signage, and ample parking. Located on the main corridor of Ringgold Road at its intersection with Spring Creek Road, it benefits from excellent visibility and high traffic counts (Ringgold Road: 26,664 VPD
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2014
Total area
2,393 SF
Lot
1.03 ac (44,867 SF)
Zoning code
C2
APN
169L F 043
UPID
US80-1577588
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
-
Popeyes Louisiana Kitchen Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.42M
Blend (final)
Blend
$1.91M
Owner & transaction history
6105 Ringgold Road LLC · 3 yrs held
6105 Ringgold Road LLC
since 2023
Last sale
$1.9M
7 recorded transactions
Zoning & alternative use
C2 · Chattanooga, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$1,930,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.91M
Range $1.72M – $2.10M · ±10% · vs last sale $1.90M (Feb 13 2023)
Last sale anchor
$1.90M
Feb 13 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
$798 / 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
$16,055
Tax year 2023
Assessed value
$458,120
Assessed 2023
Previous assessed
$458,120
+0.0% YoY
Effective rate
3.50%
On assessed value
Land market value
$300,600
Improvement market value
$844,700
Total market value
$1,145,300
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
For Sale
Year built
2014
Heating
NONE
Stories
1
Total area
2,393 SF
Lot
1.03 ac (44,867 SF)
Zoning code
C2
APN
169L F 043
UPID
US80-1577588
Jurisdiction
HAMILTON
Zoning & alternative use
C2 · Chattanooga, TN
Zoning C2 · permitted uses
C2 · 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.
Building & site characteristics
From public records
Year built
2014
Heating
NONE
Stories
1
Lot
1.03 ac
Current owner
From public records · entity-resolved
6105 Ringgold Road LLC
Entity
Free & Clear · 3 yrs held
Mailing address
1501 SE 13TH ST, FORT LAUDERDALE, FL 33316-2211
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 13, 2023
$1,900,000
6105 Ringgold Road LLC
George E Kalo
Special Warranty Deed
—
Aug 13, 2021
$1,400,000
George Kalo
Klt LLC
Warranty Deed
—
May 31, 2017
$1,225,000
Klt LLC
Cordoba Property Group III LLC
Grant Deed
—
Dec 20, 2016
—
Cordoba Property Group III LLC
—
Deed
related
$780,000 · Branch Bk&tr
Aug 13, 2014
$220,000
Cordoba Property Group III LLC
Faires Tilmon C
Grant Deed
—
Aug 13, 2014
—
Cordoba Property Group III LLC
Faires Tilmon C
Quit Claim Deed
related
$780,000 · Branch Bk&tr
—
—
Cordoba Property Group III LLC
—
Loan Modification
related
$780,000 · Branch Bk&tr
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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