Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    816 Mtn Crk Rd Chattanooga, TN 37405-1633

    • Warehouses
    • 81,502 SF
    • 4.94 lot acres
    OFF-MARKET
    Last Sale
    Aug 26, 2021
    $2,708,552
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US80-1121249
    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

    • Rena's Stying Salon / Hair Salon / Nail Salon
    • Mobile Clinic / Health Care Facility / Community Health Centre
    • Prime Storage / Storage Facility

    Property Details for 816 Mtn Crk Rd

    Year built
    1988
    Lot size
    4.94 lot acres
    Property size
    81,502 SF
    Zone code
    C2
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    117O A 011.04
    APU
    117OA01104

    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
    Chattanooga
    County
    Hamilton
    State
    Tennessee
    Longitude
    -85.3263
    Latitude
    35.101
    CBSA code
    16860
    CBSA name
    CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $46,616
    $0.00
    $0.00
    $2,083,600
    -
    $1,721,500
    $3,487,500
    $5,209,000

    Comparable in this City

    • Value Estimation
      $10,610,000
      99,282 SF

      606 Manufacturers Rd

      MINI-WAREHOUSE, STORAGE • 99,282 SF
      606 Manufacturers Rd, Chattanooga, TN 37405-3702
      View Details
    • Value Estimation
      $1,030,000
      10,650 SF

      500 Manning St

      MINI-WAREHOUSE, STORAGE • 10,650 SF
      500 Manning St, Chattanooga, TN 37405-3214
      View Details
    • Value Estimation
      $3,540,000
      45,321 SF

      1724 Dayton Blvd

      MINI-WAREHOUSE, STORAGE • 45,321 SF
      1724 Dayton Blvd, Chattanooga, TN 37405-2016
      View Details
    • Value Estimation by Request
      54,562 SF

      3507 Ww Rd

      MINI-WAREHOUSE, STORAGE • 54,562 SF
      3507 Ww Rd, Chattanooga, TN 37405-1777
      View Details
    • Value Estimation
      $2,795,000
      37,200 SF

      1010 Dallas Rd

      MINI-WAREHOUSE, STORAGE • 37,200 SF
      1010 Dallas Rd, Chattanooga, TN 37405-2740
      View Details
    • Value Estimation
      $8,300,000
      77,643 SF

      600 Commercial Ln

      MINI-WAREHOUSE, STORAGE • 77,643 SF
      600 Commercial Ln, Chattanooga, TN 37405-1661
      View Details

    Similar Nearby for Sale

    • $3,750,000
      11,008 SF

      Chattanooga Industrial Investment

      Riverfront Multi-Tenant Manufacturing/Warehouse
      210 Hamm Rd, Chattanooga, TN 37405
      View Details
    • $14,000,000
      39,450 SF

      Somer Station For Sale

      Somer Station For Sale
      110 Somerville Ave, Chattanooga, TN 37405
      View Details
    • $725,000
      1,500 SF

      Prime Chattanooga Storefront

      Vacant storefront, high traffic area, great zoning.
      823 Dallas Rd, Chattanooga, TN 37405
      View Details
    • New
      $579,000
      2,218 SF

      Chattanooga Northshore Income Triplex

      Income-producing triplex in Chattanooga's Northshore, near amenities.
      407 Colville St, Chattanooga, TN 37405
      View Details
    • $245,000

      Condo with Mountain Views

      3-bedroom, 2-bath condo with mountain views and community amenities.
      1131 Stringers Ridge Rd, Chattanooga, TN 37405
      View Details
    • $725,000
      0.67 Acres

      Signal Mountain Road Land - Chattanooga

      0.67-acre residential lot, R-4 zoning, prime location.
      802 Signal Mountain Rd, Chattanooga, TN 37405
      View Details

    Similar Nearby for Lease

    • $22 SF/Yr
      11,544 SF

      Marlin Building: Chattanooga Office Space

      Prime Chattanooga Office, Retail, or Coworking
      419 Market St, Chattanooga, TN 37405
      View Details
    • $72 SF/Yr
      48,457 SF

      Northshore Office Space: Society of Work

      Modern Offices, Flexible Leases, Prime Location
      110 Somerville Ave, Chattanooga, TN 37405
      View Details
    • Contact for pricing
      3,437 SF

      Northshore Retail Space Available

      Renovated retail space in trendy Northshore neighborhood, Chattanooga.
      300 Cherokee Blvd, Chattanooga, TN 37405
      View Details
    • $16 SF/Yr
      63,635 SF

      Four Squares Business Center, Chattanooga

      Chattanooga Office Space: Flexible Lease Options
      1200 Mountain Creek Rd, Chattanooga, TN 37405
      View Details
    • Contact for pricing

      Prime Northshore Retail Location

      Sought-after location with high visibility and on-site parking.
      147 N Market St, Chattanooga, TN 37405
      View Details
    • $28 SF/Yr

      Prime Northshore Retail/Office Space

      Sought-after location near dining, shopping, and downtown Chattanooga attractions.
      419 N Market St, Chattanooga, TN 37405
      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.
    816 Mtn Crk Rd
    Chattanooga, TN 37405-1633
    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.
    Sign Up Successful!
    You now have access to more from Realmo!