New search
Property profile & analytics
OFF-MARKET
Estimated value
$720,000
Commercial land
9422 Lee Hwy, Ooltewah, TN 37363-6848
Entity Owned
2-yr Hold
Free & Clear
Property ID
US80-0690724
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1989
Total area
9,500 SF
Lot
5.6 ac (243,936 SF)
APN
132I D 012
UPID
US80-0690724
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
-
Waste Industries Inc Waste Management Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$720k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$720k
Owner & transaction history
Cambridge Village LLC · 2 yrs held
Cambridge Village LLC
since 2024
Last sale
$720,000
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
$720,000
ML approach
$720,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$720k
Range $648k – $792k · ±10% · vs last sale $720k (Feb 14 2024)
Last sale anchor
$720k
Feb 14 2024
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
$76 / 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
$3,393
Tax year 2023
Assessed value
$89,600
Assessed 2023
Previous assessed
$89,600
+0.0% YoY
Effective rate
3.79%
On assessed value
Land market value
$224,000
Total market value
$224,000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1989
Heating
YES
Total area
9,500 SF
Lot
5.6 ac (243,936 SF)
APN
132I D 012
UPID
US80-0690724
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
1989
Heating
YES
Lot
5.6 ac
Current owner
From public records · entity-resolved
Cambridge Village LLC
Entity
Free & Clear · 2 yrs held
Mailing address
201 W MAIN ST STE #205, CHATTANOOGA, TN 37408-1173
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 14, 2024
—
Cambridge Village LLC
The Red Barn Partnership
Quit Claim Deed
related
—
Aug 18, 2016
$720,000
Red Barn Ptshp
Buff,johnnie L III
Warranty Deed
$720,000 · Albert T Wilt
Aug 18, 2016
—
Johnnie L Buff III
Buff,johnnie L JR
Affidavit Of Death
related
—
May 30, 2014
$288,086
Johnnie L Buff III
Holbrook Performance Parts INC
Warranty Deed
$300,000 · Albert T Wilt
Nov 20, 2006
—
Holbrook Performance Parts INC
—
Trustees Deed
related
$52,000 · Cornerstone Community Bank
Jun 25, 2003
$346,728
Performance Holbrook
Browning-ferris
Grant Deed
—
May 5, 1997
$574,500
Waste Industries INC
—
Grant Deed
related
—
May 25, 1989
$84,000
Waste Management INC Of Tenn
Unknown
Grant Deed
—
—
—
Holbrook Performance Parts INC
—
Deed Of Trust
related
$385,604 · First Volunteer Bank Tennessee
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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