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Property profile & analytics
OFF-MARKET
Estimated value
$550,000
Retail space
6800 Ringgold Rd Chattanooga, TN 37412-4232
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US80-1456478
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1999
Total area
7,244 SF
Lot
1 ac (43,560 SF)
Zoning code
M3
APN
170O A 001
UPID
US80-1456478
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
-
Chattanooga Mattress & Futons Furniture & Home Goods
-
Tennessee Speed Sport Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$373k
Blend (final)
Blend
$550k
Owner & transaction history
Ringgold Propco LLC
Ringgold Propco LLC
since 2026
Last sale
$730,136
7 recorded transactions
Zoning & alternative use
M3 · Chattanooga, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
code of ordinances
Top alternative use upside
Commercial (general)
$755,000
+44.6%
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
RETAIL STORES
$525,000
Current use
COMMERCIAL (GENERAL)
$755,000
Change: +45% · Conversion: Easy
WAREHOUSE, STORAGE
$480,000
Change: -8% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$450,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$550k
Range $495k – $605k · ±10% · vs last sale $730k (Jan 21 2026)
Last sale anchor
$730k
Jan 21 2026
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
$76 / 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
$5,580
Tax year 2023
Assessed value
$158,960
Assessed 2023
Previous assessed
$158,960
+0.0% YoY
Effective rate
3.51%
On assessed value
Land market value
$120,300
Improvement market value
$277,100
Total market value
$397,400
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1999
Heating
NONE
Stories
1
Total area
7,244 SF
Lot
1 ac (43,560 SF)
Zoning code
M3
APN
170O A 001
UPID
US80-1456478
Jurisdiction
HAMILTON
Zoning & alternative use
M3 · Chattanooga, TNZoning M3 · permitted uses
M3 · 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
RETAIL STORES Current
Est. value
$525,000
COMMERCIAL (GENERAL)
Est. value
$755,000
WAREHOUSE, STORAGE
Est. value
$480,000
INDUSTRIAL (GENERAL)
Est. value
$450,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
1999
Heating
NONE
Stories
1
Lot
1 ac
Current owner
From public records · entity-resolved
Ringgold Propco LLC
Entity
Mailing address
910 MOCKINGBIRD DR, CHATTANOOGA, TN 37412-4134
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 21, 2026
$730,136
Ringgold Propco LLC
Nita Ajit Desai
Warranty Deed
$3,520,000 · Nfm-p Holdings LLC
Jul 25, 2022
—
Visual Outdoor Advertising LLC
—
Deed
related
$128,000 · River City Bank
Jul 12, 2022
—
Visual Outdoor Advertising LLC
Nita Ajit Desai
Lease
—
Sep 29, 2020
—
Nita A Desai
—
Deed
related
—
Jul 6, 2020
—
Nita A Desai
—
Deed
related
—
Feb 10, 2020
—
Nita A Desai
—
Deed Of Trust
related
$249,334 · Smartbank
Sep 3, 2015
$132,360
Nita A Desai
Desai,chetan C
Quit Claim Deed
related
—
Mar 7, 2001
$25,000
Chetan C Desai
Desai,ajit C & B
Grant Deed
related
—
—
—
Nita A Desai
—
Loan Modification
related
—
—
—
Nita A Desai
—
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.
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