Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    6310 Bonny Oaks Dr Chattanooga, TN 37416-3513
    Back to Search
    Property profile & analytics

    6310 Bonny Oaks Dr, Chattanooga, TN 37416-3513

    View on Map
    • Office Spaces
    • 2,446 SF
    • 0.56 lot acres
    Off-Market
    Property ID
    US80-2023011
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Schultz and Associates / Accounting Firm / Tax Preparation

    Property Details for 6310 Bonny Oaks Dr

    Year built
    1981
    Lot size
    0.56 lot acres
    Zone code
    C2
    Property type
    Office Spaces
    APN
    129N C 007.01
    APU
    129NC00701

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Oct 13, 2020 — Trammel,rita F Living Trust — Deed · related —
    Oct 2, 2019 — Trammel,rita F Living Trust Schultz & Associates INC Quit Claim Deed · related —
    Sep 14, 2018 — Schultz & Associates INC — Deed · related $100k · Smartbank
    Aug 12, 2016 — Schuitz And Associates INC — Deed · related $100k · Smartbank
    — — Schultz & Associates INC — Loan Modification · related $100k · Smartbank
    — — Trammel,rita F Living Trust — Loan Modification · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Chattanooga
    County
    Hamilton
    State
    Tennessee
    Longitude
    -85.1743
    Latitude
    35.0739
    CBSA code
    16860
    CBSA name
    CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,701
    $0.00
    $0.00
    $76,040
    -
    $77,200
    $112,900
    $190,100

    Comparable in this City

    • Value Estimation
      $1,610,000
      17,740 SF

      3922 Volunteer Dr

      OFFICE (GENERAL)
      3922 Volunteer Dr, Chattanooga, TN 37416-3901
      View Details
    • Value Estimation
      $5,230,000
      57,723 SF

      3903 Volunteer Dr

      OFFICE (GENERAL)
      3903 Volunteer Dr, Chattanooga, TN 37416-3860
      View Details
    • Value Estimation by Request
      1,750 SF

      6111 Heritage Park Dr

      OFFICE (GENERAL)
      6111 Heritage Park Dr, Chattanooga, TN 37416-3660
      View Details
    • Value Estimation
      $1,350,000
      12,000 SF

      6121 Heritage Park Dr

      OFFICE (GENERAL)
      6121 Heritage Park Dr, Chattanooga, TN 37416-3660
      View Details
    • Value Estimation by Request
      3,000 SF

      4833 Hwy 58

      OFFICE (GENERAL)
      4833 Hwy 58, Chattanooga, TN 37416-1826
      View Details
    • Value Estimation
      $680,000
      3,378 SF

      4311 Jersey Pike

      OFFICE (GENERAL)
      4311 Jersey Pike, Chattanooga, TN 37416-3631
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      60,870 SF

      Chattanooga Self-Storage Investment Opportunity

      Meticulously maintained self-storage facility near Downtown Chattanooga and Chickamauga Lake.
      4915 Tn-58, Chattanooga, TN 37416
      View Details
    • Contact for pricing

      5.4 Acres on Bonny Oaks

      5.4 acres near Highway 152, Chattanooga Airport, and Volkswagen.
      4521 Bonny Oaks Dr, Chattanooga, TN 37416
      View Details
    • $499,000
      3.50 Acres

      Chattanooga Land Development Opportunity

      Unimproved 3.5-acre land parcel near HWY 58 in Chattanooga.
      8620 N Hickory Valley Rd, Chattanooga, TN 37416
      View Details
    • $54,999
      Pending

      Residential Land in Chattanooga, TN

      Clear, level lot ready for building in Chattanooga, Tennessee.
      4824 Swan Rd, Chattanooga, TN 37416
      View Details
    • $449,000
      10.00 Acres

      Chattanooga Land Parcel For Sale

      10-acre parcel near Booker T. Washington State Park.
      6130 Champion Rd, Chattanooga, TN 37416
      View Details
    • Contact for pricing
      28,350 SF

      Income-Producing Investment Property

      Investment property in a prime location with excellent demographics.
      4421 Tn-58, Chattanooga, TN 37416
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Office Space with Storage

      Professional office space with storage in Chattanooga, TN.
      6121 Heritage Park Dr, Chattanooga, TN 37416
      View Details
    • Contact for pricing

      Volunteer Business Park Flex Spaces

      Multiple flex and office spaces available in Chattanooga business park.
      3903 Volunteer Dr, Chattanooga, TN 37416
      View Details
    • $14 SF/Yr

      Chattanooga Commercial Suite For Rent

      Commercial suite in active business district, ideal for various uses.
      6111 Heritage Park Dr, Chattanooga, TN 37416
      View Details
    • Contact for pricing

      Highway 58 Retail Spaces Available

      Retail spaces with good visibility on Highway 58.
      4817 Tn-58, Chattanooga, TN 37416
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6310 Bonny Oaks Dr
    Chattanooga, TN 37416-3513
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    6310 Bonny Oaks Dr, Chattanooga, TN, 37416
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!