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Property profile & analytics
OFF-MARKET
Estimated value
$1,625,000
Warehouses
8408 Gulf Vw Dr Soddy Daisy, TN 37379-2210
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US80-0475987
Property summary
AI-generated overview
This exceptional industrial property in Soddy-Daisy, Tennessee, offers a total of 24,060 square feet of versatile space, ideal for manufacturing, warehousing, flex, or distribution operations. Located at 8408 Gulf View Dr, 37379, this single-story, Class B building boasts a convenient highway 27 frontage, ensuring easy access and excellent visibility. The property sits on a 1.25-acre lot and features a 20-foot ceiling height, providing ample room for various industrial needs. The building is currently fully vacant and divisible into spaces as small as 6,000 square feet, with a maximum contiguous space of 24,060 square feet. Three total suites are available. The property includes 25 total parking spaces and five convenient drive-in doors for efficient loading and unloading. Three-phase power is readily available. The property is zoned M-1 and features APN 073 111.46. Built in 2006, this property offers a solid foundation for your business growth. Annual property taxes are $0.56 per square foot.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2006
Total area
23,980 SF
Lot
1.25 ac (54,450 SF)
APN
073 111.46
UPID
US80-0475987
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
-
American Legacy Signage (Bike/Boat/Book/etc) Store Printing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.61M
Blend (final)
Blend
$1.63M
Owner & transaction history
Soddy Industrial LLC · 1 yrs held
Soddy Industrial LLC
since 2025
Last sale
$1.7M
7 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 Soddy Daisy submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Soddy Daisy 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
$1,615,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,650,000
Current use
INDUSTRIAL (GENERAL)
$1,460,000
Change: -11% · Conversion: Easy
Blend value · Realmo final
$1.63M
Range $1.46M – $1.79M · ±10% · vs last sale $1.65M (Apr 28 2023)
Last sale anchor
$1.65M
Apr 28 2023
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
$68 / 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
$13,453
Tax year 2023
Assessed value
$398,080
Assessed 2023
Previous assessed
$398,080
+0.0% YoY
Effective rate
3.38%
On assessed value
Land market value
$169,000
Improvement market value
$826,200
Total market value
$995,200
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2006
Heating
NONE
Stories
1
Total area
23,980 SF
Lot
1.25 ac (54,450 SF)
APN
073 111.46
UPID
US80-0475987
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
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.7M
INDUSTRIAL (GENERAL)
Est. value
$1.5M
WAREHOUSE, STORAGE Current
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2006
Heating
NONE
Stories
1
Lot
1.25 ac
Current owner
From public records · entity-resolved
Soddy Industrial LLC
Entity
Mailing address
8408 GULF VW DR, SODDY DAISY, TN 37379-2210
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 7, 2025
—
Soddy Industrial LLC
Nicholas Ekonomou
Quitclaim Deed
related
$937,870 · Tennessee Valley FCU
Apr 28, 2023
$1,650,000
Nicholas Ekonomou
Darrell G Moody
Warranty Deed
$505,882 · Darrell Moody
Apr 27, 2021
—
Darrell G Moody
—
Deed
related
$1,498,078 · Firstbank
Sep 29, 2014
$725,000
Darrell G Moody
Community National Bank INC
Limited Warranty Deed
$652,500 · Community National Bank
May 14, 2010
$750,000
Community Natl Bk
Hicks Rebecca L
Trustees Deed
related
—
Mar 1, 2006
—
Richard D Dutton
Ric Dutton Architectural INC
Quit Claim Deed
related
$480,000 · Rossville Bank
May 21, 2004
$75,000
Record Owner
Owner,record
Warranty Deed
related
—
—
—
Richard D Dutton
—
Deed Of Trust
related
$226,573 · Rossville Bank
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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