Functional Industrial Facility For
218 Industrial Park Dr, Soddy Daisy, TN 37379
For Sale
Contact for pricing
Pending
Well-maintained 6,000 SF industrial building on 2.02 acres.
Property Size6,000 SF
Lot Size2.02 Acres
Days on Market261
Property Features for 218 Industrial Park Dr
General Information
Standard status
Size
Class
Lot size
Property subtype
Zoning
Investment Type
Building Details
Year Built
Buildings
Stories
Units
Tenancy
Listing Agency:
KW Commercial
Listed By:
Robert Fisher · License TN #285342
Source:
Crexi
Added: Feb 24
Changed: Aug 8
Last Checked: Aug 8 at 2:57PM
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
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Investment Insights
Based on property information with market context.
This well-maintained 6,000 SF industrial building is located at 218 Industrial Park Dr in Soddy Daisy, TN. Situated on 2.02 acres, the property is zoned M-1 Light Industrial, making it suitable for contractors, service companies, light manufacturing, or distribution users. The location offers convenient access to Highway 27 and is approximately 20–25 minutes from downtown Chattanooga. The building includes a 3,888 SF warehouse (65%) and 2,112 SF of office space (35%). The warehouse features an 11’6” ceiling height, a front 12’ x 10’ rolling garage door, and a rear 8’ x 10’ rolling dock door with a loading dock. Gas heat is provided throughout the entire building, and there are two electrical subpanels (100 amp & 200 amp). A reinforced safe room, approximately 8’ x 8’, is located within the warehouse. A hydraulic lift is available for purchase with the sale of the property. The site is secured with a fully fenced rear yard with 6’ high fencing, an electric gate providing controlled access to the backyard/lot parking area, and ample paved parking in both the front and rear. The rear also features a large concrete parking lot with room for expansion. The office space includes a reception area with tiled flooring, four private/shared offices, a large kitchen/break room with ample counter space, laundry hookups, a shower facility, ample storage and closets, separate men’s and women’s restrooms, and two HVAC units. A new water heater was installed in 2025. The property is no longer located in the flood plain, confirmed by a new FEMA flood letter.
Key Highlights
- Secure, fully fenced rear yard with electric gate and expandable concrete parking lot ideal for protected outdoor storage, fleet parking, or future yard expansion.
- Well‑maintained 6,000± SF industrial building** with functional layout suitable for contractors, service companies, light manufacturing, or distribution.
- Convenient location in Soddy Daisy's premier industrial park, approximately 20‑25 minutes from downtown Chattanooga with easy access to Highway 27.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,507
Cap Rate
3.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$770,140
$770.1K
Cap Rate 7%
$550,100
$550.1K
Cap Rate 9%
$427,856
$427.9K
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$46.6K $7.76/SF
− Vacancy
−$1.3K −$0.21/SF
EGI
$45.3K $7.55/SF
− OpEx
−$6.8K −$1.13/SF
NOI
$38.5K $6.42/SF
Area
Hamilton County, TN
Vacancy
2.70%
Lease Rate
$7.76 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$770,140
Cap Rate 7%
$550,100
Cap Rate 9%
$427,856
Alternative Uses
Best Use
Warehouse
$550.1K
$481.3K – $641.8K
NOI $38,507 @ 7.0% cap · market cap 3.87%
Second Best
Industrial
$453.0K
$396.4K – $528.5K
NOI $31,712 @ 7.0% cap · market cap 3.19%
Theoretical Best
Healthcare Medical
$996.4K
$871.8K – $1.16M
NOI $69,746 @ 7.0% cap · market cap 7.01%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
239
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 37379, TN
28,552
Population
12,089
Households
2.4
Avg Household Size
44
Median Age
26%
College-Educated
92%
High-School Grad
106.4 sq mi
ZIP Area
268
Density / Sq Mi
$85,525
Median Household Income
$44,662
Median Earnings
$988
Median Rent
$277,600
Median Home Value
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Market
Properties on Market for Flex space in Hamilton County
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Well-maintained 6,000 SF industrial building on 2.02 acres.
Where is this flex space located?
The property is located at 218 Industrial Park Dr Soddy Daisy, TN.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Secure, **fully fenced rear yard with electric gate** and expandable concrete parking lot ideal for protected outdoor storage, fleet parking, or future yard expansion.; Well‑maintained 6,000± SF industrial building** with functional layout suitable for contractors, service companies, light manufacturing, or distribution.; Convenient location in Soddy Daisy's premier industrial park, approximately 20‑25 minutes from downtown Chattanooga with easy access to Highway 27.
