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Property profile & analytics
OFF-MARKET
Estimated value
$2,155,000
Warehouses
6375 Bonny Oaks Dr, Chattanooga, TN 37416-3527
Entity Owned
7-yr Hold
Free & Clear
Property ID
US80-1295924
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1996
Total area
33,600 SF
Lot
4.12 ac (179,467 SF)
Zoning code
C2
APN
129K P 019
UPID
US80-1295924
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.16M
Blend (final)
Blend
$2.16M
Owner & transaction history
Hall Partners Gp · 7 yrs held
Hall Partners Gp
since 2019
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
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
WAREHOUSE, STORAGE
$2,465,000
Current use
INDUSTRIAL (GENERAL)
$2,095,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$2.16M
Range $1.94M – $2.37M · ±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
$64 / 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
$8,517
Tax year 2023
Assessed value
$380,680
Assessed 2023
Previous assessed
$380,680
+0.0% YoY
Effective rate
2.24%
On assessed value
Land market value
$249,800
Improvement market value
$701,900
Total market value
$951,700
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1996
Heating
YES
Stories
1
Total area
33,600 SF
Lot
4.12 ac (179,467 SF)
Zoning code
C2
APN
129K P 019
UPID
US80-1295924
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.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$2.5M
INDUSTRIAL (GENERAL)
Est. value
$2.1M
WAREHOUSE, STORAGE Current
INDUSTRIAL (GENERAL)
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
1996
Heating
YES
Stories
1
Lot
4.12 ac
Current owner
From public records · entity-resolved
Hall Partners Gp
Entity
Free & Clear · 7 yrs held
Mailing address
PO BOX 4516, CHATTANOOGA, TN 37405-0516
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
Apr 26, 2019
—
Hall Partners Gp
Hall,kenneth L & Russell H
Quit Claim Deed
related
—
Aug 23, 2018
—
Russell H Hall
—
Deed
related
$200,416 · Southeast Bk
Aug 26, 2016
—
Russell H Hall
—
Deed
related
$2,439,000 · Smartbank
Nov 7, 2012
$950,000
Kenneth L Hall
Cornerstone Cmnty Bk
Grant Deed
$2,240,000 · Tennessee Valley FCU
Mar 17, 2011
—
Cornerstone Cmnty Bk
Mickles,brian P
Trustees Deed
related
—
Jan 5, 2009
$35,703
Hollow Road Dev LLP Swanson
—
Trustees Deed
related
$1,000,000 · Cornerstone Community Bank
Nov 2, 2005
$4,500,000
Hollow Road Dev LLP Swanson
Johnson,rickey L
Grant Deed
related
—
Jun 7, 2005
$4,500,000
Swanson Hol Road Dev Ptrs LLP
Johnson,rickey L
Warranty Deed
—
Apr 2, 2003
$1,320,000
Rickey L Johnson
Bonny,oaks S
Grant Deed
—
Jul 27, 1995
$74,862
Bonny Oaks Self Storage In
—
Grant Deed
related
—
—
—
Russell H Hall
—
Deed Of Trust
related
$2,439,000 · Smartbank
—
—
Russell H Hall
—
Deed Of Trust
related
$1,565,729 · Southeast Bk
—
—
Russell H Hall
—
Deed Of Trust
related
$200,416 · Southeast Bk
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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