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Property profile & analytics
OFF-MARKET
Turn key restaurants
8228 Mahan Gap Rd, Ooltewah, TN 37363-5729
Individually Owned
20-yr Hold
~
Est. High Equity
Property ID
US80-3483126
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1939
Total area
2,013 SF
Lot
1.2 ac (52,272 SF)
Zoning code
C2
APN
095 068
UPID
US80-3483126
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
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
Kevin D Brown · 20 yrs held
Kevin D Brown
since 2005
7 recorded transactions
Zoning & alternative use
C2 · Ooltewah, 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 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
$2,806
Tax year 2023
Assessed value
$125,440
Assessed 2023
Previous assessed
$125,440
+0.0% YoY
Effective rate
2.24%
On assessed value
Land market value
$261,400
Improvement market value
$52,200
Total market value
$313,600
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1939
Heating
YES
Stories
1
Total area
2,013 SF
Lot
1.2 ac (52,272 SF)
Zoning code
C2
APN
095 068
UPID
US80-3483126
Jurisdiction
HAMILTON
Zoning & alternative use
C2 · Ooltewah, TN
Zoning C2 · permitted uses
C2 · Ooltewah, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ooltewah. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1939
Heating
YES
Stories
1
Lot
1.2 ac
Current owner
From public records · entity-resolved
Kevin D Brown
Individual
Mailing address
8228 MAHAN GAP RD, OOLTEWAH, TN 37363-5729
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2005
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
Nov 8, 2005
$150,000
Kevin D Brown
Jerrolds,lisa B
Warranty Deed
$135,000 · Lisa B Jerrolds
Apr 15, 1998
—
Jerrolds,lisa Benton
Jerrolds,lisa Be
Trustees Deed
related
—
Dec 19, 1997
—
Lisa Benton Jerrolds
Benton,margaret
Quit Claim Deed
related
—
Mar 7, 1997
—
Lisa Benton Jerrolds
—
Deed Of Trust
related
—
Dec 23, 1996
—
Lisa Benton Jerrolds
Benton,margaret
Quit Claim Deed
related
—
Aug 31, 1995
—
Lisa Benton Jerrolds
—
Deed Of Trust
related
—
Dec 21, 1994
—
Lisa Benton Jerrolds
—
Deed Of Trust
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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