Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    6807 Beulah Dr East Ridge, TN 37412

    • Commercial real estate
    • 11.00 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US80-1126775
    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.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 6807 Beulah Dr

    Lot size
    11.00 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 11-acre property in Chattanooga, Tennessee, presents a remarkable residential development opportunity. Located in East Ridge, at 6807 Beulah Dr, 37412, this land boasts stunning hilltop elevations offering unparalleled views. Currently zoned R1, allowing for 10,000 square foot single-family lots, it's perfectly positioned for a high-end community. The property is conveniently situated near the $120 million Red Wolves development and just 10 minutes from downtown Chattanooga. Enjoy proximity to amenities such as Topgolf, restaurants, and shops, all within a 4-minute radius. Furthermore, the property is walkable to the expansive Camp Jordan park, featuring trails, sports fields, a lake, and various recreational facilities. A comprehensive due diligence package is available, including a CAD survey, geotechnical report, Phase 1 environmental assessment, water resource inventory, endangered species assessment, and traffic study, streamlining the development process. Rezoning possibilities exist

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    East Ridge
    County
    Hamilton
    State
    Tennessee
    Longitude
    -85.1880888
    Latitude
    35.0046649

    Comparable in this City

    • New
      $345,000
      3,510 SF

      Well-Maintained Duplex in Growing Area

      Low-maintenance duplex in Chattanooga with strong rental demand.
      3634 Helen Ln, Chattanooga, TN 37412
      View Details
    • New
      $323,680
      1,904 SF

      Updated Duplex in East Ridge

      Income-producing duplex with recent upgrades in a central location.
      1579-1581 Burns Ave, Chattanooga, TN 37412
      View Details
    • $224,900
      1,080 SF

      Well-Maintained First-Floor End Unit

      Spacious 2 bed, 2 bath condo with updated kitchen.
      722 Bacon Trl, Chattanooga, TN 37412
      View Details
    • New
      $325,000
      3,066 SF

      Chattanooga Duplex Investment Opportunity

      Well-maintained duplex in high-growth area with strong rental demand.
      3628 Helen Ln, Chattanooga, TN 37412
      View Details
    • $49,500
      0.68 Acres

      East Ridge Land For Sale

      0.68 acre lot in growing East Ridge community.
      Yale St, East Ridge, TN 37412
      View Details
    • $2,300,000
      6.00 Acres

      Prime Chattanooga Commercial Land

      6 Acres, High Visibility, C2 Zoning
      6750 Ringgold Rd, Chattanooga, TN 37412
      View Details

    Similar Nearby for Sale

    • New
      $345,000
      3,510 SF

      Well-Maintained Duplex in Growing Area

      Low-maintenance duplex in Chattanooga with strong rental demand.
      3634 Helen Ln, Chattanooga, TN 37412
      View Details
    • New
      $323,680
      1,904 SF

      Updated Duplex in East Ridge

      Income-producing duplex with recent upgrades in a central location.
      1579-1581 Burns Ave, Chattanooga, TN 37412
      View Details
    • New
      $325,000
      3,066 SF

      Chattanooga Duplex Investment Opportunity

      Well-maintained duplex in high-growth area with strong rental demand.
      3628 Helen Ln, Chattanooga, TN 37412
      View Details
    • $224,900
      1,080 SF

      Well-Maintained First-Floor End Unit

      Spacious 2 bed, 2 bath condo with updated kitchen.
      722 Bacon Trl, Chattanooga, TN 37412
      View Details
    • $49,500
      0.68 Acres

      East Ridge Land For Sale

      0.68 acre lot in growing East Ridge community.
      Yale St, East Ridge, TN 37412
      View Details
    • $2,300,000
      6.00 Acres

      Prime Chattanooga Commercial Land

      6 Acres, High Visibility, C2 Zoning
      6750 Ringgold Rd, Chattanooga, TN 37412
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      261,360 SF

      Prime East Ridge Retail Land

      High-traffic, Bass Pro Shops-anchored development.
      500 Camp Jordan Pkwy, East Ridge, TN 37412
      View Details
    • $20 SF/Yr
      27,770 SF

      Chattanooga Office Building For Sale

      Fully renovated, prime medical office space.
      929 Spring Creek Rd, Chattanooga, TN 37412
      View Details
    • Contact for pricing
      6,000 SF

      Retail/Office Space in Chattanooga

      6,000 SF retail/office space available for lease.
      482 Mcbrien Rd, Chattanooga, TN 37412
      View Details
    • $10 SF/Yr
      58,412 SF

      East Ridge Shopping Center Opportunity

      High-traffic retail & office suites
      3715 Ringgold Rd, East Ridge, TN 37412
      View Details
    • Contact for pricing
      2,400 SF

      Retail Space Near Chattanooga Hotspots

      Retail space in high-traffic area near Topgolf and Bass Pro.
      4340 Ringgold Rd, East Ridge, TN 37412
      View Details
    • $264 SF/Yr
      10,148 SF

      East Ridge Commercial Space Available

      Prime East Ridge location, flexible spaces available
      1461 Mack Smith Rd, Chattanooga, TN 37412
      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.
    6807 Beulah Dr
    East Ridge, TN 37412
    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

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.