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Property profile & analytics
OFF-MARKET
Retail space
8008 Ooltewah Georgetown Rd Ooltewah, TN 37363-9255
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US80-3289675
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1993
Total area
4,632 SF
Lot
0.53 ac (23,154 SF)
APN
104 041.05
UPID
US80-3289675
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
-
Newman & Sons Painting Painting Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Newman Rentals LLC · 5 yrs held
Newman Rentals LLC
since 2021
Last sale
$297,564
6 recorded transactions
Zoning & alternative use
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 Ooltewah submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ooltewah 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,307
Tax year 2023
Assessed value
$101,480
Assessed 2023
Previous assessed
$101,480
+0.0% YoY
Effective rate
2.27%
On assessed value
Land market value
$59,200
Improvement market value
$194,500
Total market value
$253,700
Applied tax rate
2.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1993
Heating
NONE
Buildings
3
Stories
1
Total area
4,632 SF
Lot
0.53 ac (23,154 SF)
APN
104 041.05
UPID
US80-3289675
Jurisdiction
HAMILTON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1993
Heating
NONE
Stories
1
Buildings
3
Lot
0.53 ac
Current owner
From public records · entity-resolved
Newman Rentals LLC
Entity
Mailing address
8008 OOLTEWAH GEORGETOWN RD, OOLTEWAH, TN 37363-9255
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 16, 2022
—
Newman Rentals LLC
—
Deed
related
$125,000 · Firstbank
Jul 13, 2021
$297,564
Newman Rentals LLC
Herby B Dixon
Warranty Deed
$252,450 · Firstbank
Jul 17, 2019
$295,000
Herby B Dixon
Wilson,george A & Lucy
Warranty Deed
$221,500 · Pinnacle Bk
Nov 7, 2008
$3,587,000
Seven Lakes Associates LLC
Northwest Georgia Bank
Warranty Deed
—
Sep 25, 2008
$4,674,491
Northwest Georgia Bank
Seven Lakes Dev LLC
Trustees Deed
related
—
Jun 2, 2006
$1,350,000
Seven Lakes Dev LLC
Wilson Family Trust
Warranty Deed
$900,000 · Fsgbank
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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