Single-Story Flex
For Sale
Contact for pricing
2108 BUCKLEY ST, Chattanooga, TN 37404
Commercially zoned flex space with warehouse improvements and an adaptable single-story layout.
Property Size4,620 SF
Lot Size0.32 Acres
Price / SF$70.35
Days on Market162
Property Features for 2108 BUCKLEY ST
General Information
Standard status
Active
Size
4,620 SF
Class
D
Lot size
0.32 Acres
Property subtype
Industrial
Zoning
Commercial
Building Details
Year Built
1977
Buildings
1
Stories
1
Units
1
Building Size
4,620 SF
Construction
block
Listing Agency:
KW Commercial Chattanooga - Downtown
Listed By:
Brockman Missel · License #TN 358225
Source:
Crexi
Added: May 7
Changed: Oct 13
Last Checked: Oct 14 at 11:12PM
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 KW Commercial Chattanooga - Downtown
Investment Insights
Based on property information with market context.
This single-story flex property provides approximately 4,620 square feet on ±0.32 acres. The building was constructed in 1977 and includes warehouse storage improvements, block construction, and a layout adaptable to contractor operations, creative workspace, storage, light industrial, automotive-related services, and distribution. Commercial zoning supports the property’s broad operational profile.
The site is positioned in Chattanooga’s Southside and Highland Park corridor, with proximity to Downtown Chattanooga, Main Street, and interstate access. The surrounding area includes ongoing redevelopment, local businesses, and growing residential density. The combination of warehouse functionality and access to the urban core supports use by an owner-occupant or investor.
The site is positioned in Chattanooga’s Southside and Highland Park corridor, with proximity to Downtown Chattanooga, Main Street, and interstate access. The surrounding area includes ongoing redevelopment, local businesses, and growing residential density. The combination of warehouse functionality and access to the urban core supports use by an owner-occupant or investor.
Key Highlights
- Approximately 4,620 SF flex and warehouse property
- ±0.32‑acre site in Chattanooga’s Southside and Highland Park corridor
- Commercial zoning with single‑story configuration
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,194
Cap Rate
8.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$563,880
$563.9K
Cap Rate 7%
$402,771
$402.8K
Cap Rate 9%
$313,267
$313.3K
Market Conditions
NOI Build-Up for 4,620 SF
Gross rent
$34.4K $7.44/SF
− Vacancy
−$1.2K −$0.26/SF
EGI
$33.2K $7.18/SF
− OpEx
−$5.0K −$1.08/SF
NOI
$28.2K $6.10/SF
Area
Chattanooga, TN
Vacancy
3.50%
Lease Rate
$7.44 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$563,880
Cap Rate 7%
$402,771
Cap Rate 9%
$313,267
Alternative Uses
Best Use
Flex RnD
$622.4K
$544.6K – $726.1K
NOI $43,568 @ 7.0% cap · market cap 13.41%
Second Best
Warehouse
$402.8K
$352.4K – $469.9K
NOI $28,194 @ 7.0% cap · market cap 8.68%
Theoretical Best
Office A
$1.02M
$892.8K – $1.19M
NOI $71,424 @ 7.0% cap · market cap 21.98%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
448
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 37404, TN
13,106
Population
5,887
Households
2.2
Avg Household Size
34
Median Age
32%
College-Educated
86%
High-School Grad
5.2 sq mi
ZIP Area
2,520
Density / Sq Mi
$53,585
Median Household Income
$35,983
Median Earnings
$999
Median Rent
$235,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
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Similar Off Market Nearby
- Cafe Le Mont — 801 Dodds Ave, Chattanooga, TN 37404
Frequently Asked Questions
What type of property is this?
Flex space - Commercially zoned flex space with warehouse improvements and an adaptable single-story layout.
Where is this flex space located?
The property is located at 2108 BUCKLEY ST Chattanooga, TN.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Approximately 4,620 SF flex and warehouse property; ±0.32‑acre site in Chattanooga’s Southside and Highland Park corridor; Commercial zoning with single‑story configuration
