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Property profile & analytics
OFF-MARKET
Estimated value
$15,180,000
Manufacturing properties
959 Windtower Dr Chattanooga, TN 37402-2176
Individually Owned
7-yr Hold
~
Est. High Equity
Property ID
US80-2830903
Property profile
Verified
Property type
Manufacturing properties
Use group
HEAVY MANUFACTURING
Year built
1920
Total area
265,799 SF
Lot
17.52 ac (763,171 SF)
APN
145G A 002.07
UPID
US80-2830903
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
$15.18M
Blend (final)
Blend
$15.18M
Owner & transaction history
Aerisyn Opportunity Zone Busn · 7 yrs held
Aerisyn Opportunity Zone Busn
since 2019
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$17.6M
+6.4%
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 Chattanooga submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chattanooga 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$16,575,000
Current use
WAREHOUSE, STORAGE
$17,635,000
Change: +6% · Conversion: Easy
Blend value · Realmo final
$15.18M
Range $13.66M – $16.70M · ±10%
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
$57 / 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
$57,463
Tax year 2023
Assessed value
$2,568,400
Assessed 2023
Previous assessed
$2,568,400
+0.0% YoY
Effective rate
2.24%
On assessed value
Land market value
$2,102,400
Improvement market value
$4,318,600
Total market value
$6,421,000
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
Manufacturing properties
Use group
HEAVY MANUFACTURING
Status
Off-Market
Year built
1920
Heating
NONE
Buildings
10
Stories
1
Total area
265,799 SF
Lot
17.52 ac (763,171 SF)
APN
145G A 002.07
UPID
US80-2830903
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
INDUSTRIAL (GENERAL) Current
Est. value
$16.6M
WAREHOUSE, STORAGE
Est. value
$17.6M
INDUSTRIAL (GENERAL) Current
WAREHOUSE, STORAGE
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
1920
Heating
NONE
Stories
1
Buildings
10
Lot
17.52 ac
Current owner
From public records · entity-resolved
Aerisyn Opportunity Zone Busn
Individual
Mailing address
735 BROAD ST STE #1100, CHATTANOOGA, TN 37402-2916
Ownership since
2019
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
Apr 14, 2020
—
Aerisyn Opportunity Zone Busn
—
Deed
related
$4,572,000 · Firstbank
Jun 28, 2019
$10,500,000
Aerisyn Opportunity Zone Busn
Talon Aerisyn LLC
Grant Deed
related
$4,572,000 · Firstbank
Jun 7, 2018
—
Talon Aerisyn LLC
—
Deed
related
$4,572,000 · First Bk
Aug 4, 2017
—
Talon Aerisyn LLC
—
Deed
related
$1,200,000 · Capital Bk
Apr 4, 2017
—
Talon Aerisyn LLC
—
Trustees Deed
related
$600,000 · Capital Bk
Jun 1, 2016
—
Talon Aerisyn LLC
Talon Office Opportunities Gp
Quit Claim Deed
related
—
—
—
Aerisyn Opportunity Zone Busn
—
Loan Modification
related
$4,572,000 · Firstbank
—
—
Talon Aerisyn LLC
—
Loan Modification
related
$1,200,000 · Capital Bk
—
—
Talon Aerisyn LLC
—
Loan Modification
related
$4,572,000 · First Bk
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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