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Property profile & analytics
OFF-MARKET
Estimated value
$1,205,000
Turn key restaurants
7655 Brainerd Rd, Chattanooga, TN 37421-3168
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US80-1089847
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2003
Total area
3,359 SF
Lot
1.1 ac (47,916 SF)
Zoning code
C2
APN
159I A 014
UPID
US80-1089847
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
-
Mike's Smokehouse Restaurant
-
Mike's Smokehouse East Brainerd Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.19M
Blend (final)
Blend
$1.21M
Owner & transaction history
Snapdragon Capital LLC · 1 yrs held
Snapdragon Capital LLC
since 2024
Last sale
$1.2M
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
$770,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.21M
Range $1.08M – $1.33M · ±10% · vs last sale $1.22M (Jul 29 2024)
Last sale anchor
$1.22M
Jul 29 2024
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
$359 / 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
$8,275
Tax year 2023
Assessed value
$369,880
Assessed 2023
Previous assessed
$369,880
+0.0% YoY
Effective rate
2.24%
On assessed value
Land market value
$743,900
Improvement market value
$180,800
Total market value
$924,700
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2003
Heating
NONE
Stories
1
Total area
3,359 SF
Lot
1.1 ac (47,916 SF)
Zoning code
C2
APN
159I A 014
UPID
US80-1089847
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.
Building & site characteristics
From public records
Year built
2003
Heating
NONE
Stories
1
Lot
1.1 ac
Current owner
From public records · entity-resolved
Snapdragon Capital LLC
Entity
Mailing address
106 BROOKFIELD AVE, CHATTANOOGA, TN 37411-4603
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 28, 2024
$1,220,000
Snapdragon Capital LLC
John Mcclellan
Warranty Deed
$960,000 · First Citizens Bank & Trust Co
Apr 3, 2023
$1,159,500
John Mcclellan
Ryan S Beagles
Warranty Deed
$811,650 · Firstbank
Jun 30, 2022
$108,000
4 Main Construction LLC
Douglas Harden
Warranty Deed
$324,000 · Smartbank
Dec 21, 2020
$660,000
Ryan S Beagles
Wendys Properties LLC
Grant Deed
$37,500 · Millennium Bk
Jan 21, 2016
$333,160
Wendys Properties LLC
Wendys International LLC
Warranty Deed
—
Jul 17, 2003
$410,763
Wendys International
Lloyd,russell W
Grant Deed
—
Dec 13, 2002
$150,000
Curtis,j Tr
Lloyd,r
Grant Deed
—
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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