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Property profile & analytics
OFF-MARKET
Estimated value
$1,435,000
Office Spaces
8823 Production Ln, Ooltewah, TN 37363-6511
Individually Owned
5-yr Hold
Free & Clear
Property ID
US80-1340607
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1997
Total area
11,250 SF
Lot
1.17 ac (50,965 SF)
APN
123 008
UPID
US80-1340607
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
-
Leah Sturtevant Physician
-
KnivesShipFree Furniture & Home Goods
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.81M
Comparable Approach
Comparable
$1.86M
Blend (final)
Blend
$1.44M
Owner & transaction history
Production Lane Warehousing Gp · 5 yrs held
Production Lane Warehousing Gp
since 2021
Last sale
$945,000
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 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
Method
Estimation
Statistic approach
$1,180,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,960,000
6.5%
$1,810,000
7%
$1,680,000
Blend value · Realmo final
$1.44M
Range $1.29M – $1.58M · ±10% · vs last sale $945k (Mar 19 2021)
Last sale anchor
$945k
Mar 19 2021
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
$128 / 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
$8,418
Tax year 2023
Assessed value
$376,240
Assessed 2023
Previous assessed
$376,240
+0.0% YoY
Effective rate
2.24%
On assessed value
Land market value
$229,300
Improvement market value
$711,300
Total market value
$940,600
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1997
Heating
YES
Stories
1
Total area
11,250 SF
Lot
1.17 ac (50,965 SF)
APN
123 008
UPID
US80-1340607
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
1997
Heating
YES
Stories
1
Lot
1.17 ac
Current owner
From public records · entity-resolved
Production Lane Warehousing Gp
Individual
Free & Clear · 5 yrs held
Mailing address
8823 PRODUCTION LN, OOLTEWAH, TN 37363-6511
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 4, 2026
—
Production Lane Warehousing Gp
—
Deed
related
$250,000 · Upper Peninsula State Bank
Apr 5, 2021
—
Production Lane Warehousing G P
—
Deed
related
$648,192 · Upper Peninsula State Bank
Mar 19, 2021
—
Production Lane Warehousing Gp
Bohn Distribution INC
Quit Claim Deed
related
—
May 10, 2018
$945,000
Bohn Distributing INC
Benchmark Real Estate Group
Warranty Deed
—
Jun 5, 2001
$375,000
Real G Benchmark
H & K Holdings
Grant Deed
—
May 2, 1995
$52,250
H Holdings
—
Grant Deed
related
—
Jul 19, 1994
$675,000
Holdings H
Unknown,
Grant Deed
related
$160,000 · First Tennessee Bank National
Apr 23, 1990
$675,000
Hamilton Co
Unknown
Grant Deed
—
—
—
Benchmark Real Estate Group
—
Deed Of Trust
related
$91,050 · First Tennessee Bank National
—
—
Benchmark R/e Group II Gp
—
Deed Of Trust
related
$660,000 · First Tennessee Bank National
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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