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Property profile & analytics
OFF-MARKET
Estimated value
$8,375,000
Distribution centers
6162 Enterprise Park Dr Chattanooga, TN 37416-3650
Entity Owned
8-yr Hold
Free & Clear
Property ID
US80-0690772
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2021
Total area
63,800 SF
Lot
7.81 ac (340,204 SF)
Zoning code
M2
APN
129P B 008.14
UPID
US80-0690772
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
-
UniFirst Facility Services - Chattanooga Big Box & Wholesale Store Building Supply
-
UniFirst Uniform Services - Chattanooga Building Supply General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.38M
Blend (final)
Blend
$8.38M
Owner & transaction history
Unifirst Corp · 8 yrs held
Unifirst Corp
since 2018
4 recorded transactions
Zoning & alternative use
M2 · Chattanooga, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
code of ordinances
Top alternative use upside
Auto repair, garage
$13.5M
+189.2%
Commercial (general)
$9.0M
+91.8%
Retail stores
$7.8M
+65.5%
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
AUTO REPAIR, GARAGE
$13,545,000
Change: +189% · Conversion: Easy
COMMERCIAL (GENERAL)
$8,985,000
Change: +92% · Conversion: Difficult
RETAIL STORES
$7,750,000
Change: +66% · Conversion: Moderate
Blend value · Realmo final
$8.38M
Range $7.54M – $9.21M · ±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
$131 / 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
$95,802
Tax year 2023
Assessed value
$4,282,040
Assessed 2023
Previous assessed
$4,282,040
+0.0% YoY
Effective rate
2.24%
On assessed value
Land market value
$859,100
Improvement market value
$9,846,000
Total market value
$10,705,100
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
2021
Heating
NONE
Stories
1
Total area
63,800 SF
Lot
7.81 ac (340,204 SF)
Zoning code
M2
APN
129P B 008.14
UPID
US80-0690772
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
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$13.5M
COMMERCIAL (GENERAL)
Est. value
$9.0M
RETAIL STORES
Est. value
$7.8M
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
2021
Heating
NONE
Stories
1
Lot
7.81 ac
Current owner
From public records · entity-resolved
Unifirst Corp
Entity
Free & Clear · 8 yrs held
Mailing address
68 JONSPIN RD, WILMINGTON, MA 01887-1090
Ownership since
2018
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
May 22, 2018
$785,000
Unifirst Corp
M & M Industries INC
Grant Deed
—
Nov 16, 2015
$550,000
M & M Industries INC
Englewood Ents Tennessee LLC
Grant Deed
—
Apr 18, 2012
$399,500
Englewood Ents Tennessee LLC
Jdk Real Estate LLC
Grant Deed
—
Jan 25, 2008
—
Jdk Real Estate LLC
Kenco Group INC
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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