Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Flex Industrial Facility with Laydown Yard Title is generated by Realmo AI

    10404 LEE HWY OOLTEWAH TN 37363-9801, Ooltewah, TN 37363

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Warehouse with four drive-in doors, mezzanine storage, and a secure laydown yard for contractors and distributors.

    Type:Industrial
    Property size:
    6,000 SF
    Lot size:
    0.37 Acres
    Added:
    May 29, 2026
    Days on Market:
    11
    Last Refresh:
    Jun 6 at 5:42 am

    Property Features for 10404 LEE HWY OOLTEWAH TN 37363-9801

    General Information

    Standard status
    Active
    Size
    6,000 SF
    Lot size
    0.37 Acres
    Property subtype
    Industrial

    Building Details

    Year Built
    2005

    Spaces For Lease

    at 10404 LEE HWY OOLTEWAH TN 37363-9801 Contact us

    We can help!

    Listing Contact
    Jon Hughes
    Jon Hughes

    Listing agent Jon Hughes License #TN 294692

    Listing office Tower Property Group, LLC

    Listing date May 29, 2026

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Tower Property Group, LLC

    HighLights

    • 2005‑built 6,000 +/- SF flex industrial facility in Ooltewah with warehouse, mezzanine storage, and offices.
    • Warehouse features four drive‑in doors: three 10’ doors and one oversized 12’ door for larger vehicle access.
    • 17’ center height in the warehouse supports vertical racking, specialized equipment, or vehicle lifts.
    • 38’ x 20’ mezzanine provides additional overhead storage while preserving valuable floor space.
    • 0.37 +/- acre property includes a dedicated secure laydown yard for outdoor equipment and material storage plus fleet parking.
    • Split‑level office includes a lobby, two front desk/reception areas, private offices, multiple restrooms (with showers), and a full kitchen on the second floor.

    Overview

    This flex industrial facility offers a combined warehouse and split-level office setup within an approximately 6,000+/- SF building. The ground-floor warehouse is designed for logistics and equipment handling, with four drive-in doors (three 10’ doors and one oversized 12’ door), a 17’ center clearance height, and a 38’ x 20’ mezzanine for additional overhead storage. The office component is arranged across two levels for operational flow, including a lobby, two reception/front desk areas, three private offices, and two restrooms on the ground floor, plus a second-floor suite with two additional private offices, two full restrooms with showers, and a full kitchen.

    The property sits on a 0.37+/- acre parcel and includes a dedicated secure laydown yard suitable for outdoor equipment and materials, along with fleet parking. It is located on Lee Highway in the Ooltewah submarket, providing convenient access for day-to-day transportation and roadside visibility for the business.

    With its combination of loading capacity, overhead storage, and on-site office space with shower amenities, the building is well-suited for contractors, distributors, and service-based organizations that need both a functional warehouse environment and an organized headquarters setup for staff and customer-facing operations.
    Location Intelligence

    Current Use by Public Records

    Dale's Heating & Air, ... Hardware & Home Improvement

    Suggested Use

    Big Box & Wholesale Store Auto Repair Shop Department Store HVAC Service Grocery & Convenience Store Electrical Service Grocery & Convenience Store Bakery Carpet & Flooring Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ooltewah
    County
    Hamilton
    State
    Tennessee
    Longitude
    -85.028817
    Latitude
    35.08235

    Nearby Similar for Lease

    • $17 SF/Yr
      6,760 SF

      Ooltewah Office Sublease Opportunity

      Turn-key office space with 10 offices, conference rooms, and parking.
      8811 Production Lane, Ooltewah, TN, 37363
      View Details
    • $27 SF/Yr
      1,800 SF

      Ooltewah Commercial Space Available

      1,800 sq ft commercial space in high-traffic Ooltewah location.
      6143 Ooltewah Georgetown Rd, Ooltewah, TN 37363
      View Details
    • $27 SF/Yr
      1,200 SF

      Ooltewah Commercial Space Available

      1,200 sq ft commercial space in high-traffic Ooltewah location.
      6143 Ooltewah Georgetown Rd, Ooltewah, TN 37363
      View Details
    • $8 SF/Yr
      1,690 SF

      Ooltewah Flex/Warehouse/Manufacturing Space

      Multi-tenant flex/warehouse/light manufacturing space for lease in Ooltewah.
      6607 Mountain View Rd, Ooltewah, TN 37363
      View Details

    FAQs

    What type of property is this?
    Flex space - Warehouse with four drive-in doors, mezzanine storage, and a secure laydown yard for contractors and distributors.
    Where is this flex space located?
    The property is located at 10404 LEE HWY OOLTEWAH TN 37363-9801 Ooltewah, TN.
    What are key features of this property?
    This property features: 2005‑built 6,000 +/- SF flex industrial facility in Ooltewah with warehouse, mezzanine storage, and offices.; Warehouse features four drive‑in doors: three 10’ doors and one oversized 12’ door for larger vehicle access.; 17’ center height in the warehouse supports vertical racking, specialized equipment, or vehicle lifts.
    (423) 432-2990 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Jon Hughes
    Jon Hughes
    Real Estate License ID: TN 294692
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    10404 LEE HWY OOLTEWAH TN 37363-9801, OOLTEWAH, TN
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!