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Versatile Commercial Property in Chattanooga
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Pending

2507 BLISS AVE, Chattanooga, TN 37406

Flexible commercial property ideal for warehouse, storage, office, or contractor use.

Property Size2,607 SF
Days on Market79

Property Features for 2507 BLISS AVE

General Information

Standard status Pending
Size 2,607 SF
Property subtype Industrial, Land
Listing Agency: Real Broker
Listed By: Corey Ballew · License #332263
Source: Crexi
Added: May 19 Changed: Jul 10 Last Checked: Jul 24 at 6:36PM

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 Real Broker

Investment Insights

Based on property information with market context.

This commercial property on Bliss Ave in Chattanooga, TN, presents an opportunity for investors, developers, owner-operators, or businesses seeking flexible commercial space. It is suited for warehouse development, self-storage facilities, contractor yards, equipment or vehicle lot storage, distribution operations, flex space, or commercial office use. The property provides access to major roadways, downtown Chattanooga, manufacturing hubs, and interstate connections, making it well-positioned for logistics, service-based businesses, and industrial operations. The property offers potential for immediate use, redevelopment, or long-term investment appreciation. It is ideal for establishing a new business location, expanding operations, creating income-producing storage space, or securing commercial land in a growing market. The property size is 2607 square feet.

Key Highlights

  • Strategic location in a growing industrial and business corridor with convenient access to major roadways, downtown Chattanooga, manufacturing hubs, and interstate connections.
  • Flexible commercial potential suitable for warehouse, self‑storage, lot storage, office, contractor use, distribution, or flex space.
  • Offered at $200,000, presenting an outstanding opportunity for investors, developers, owner‑operators, or businesses.

Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $19.4k $7.44
− Vacancy −$679 −$0.26
EGI $18.7k $7.18
− OpEx −$2.8k −$1.08
NOI $15.9k $6.10
2,607 SF · lease $7.44/SF/yr · vacancy 3.50% · expense 15.00%

Alternative Uses

Best Use
Office B
$427.4K
$373.9K – $498.6K (±1% cap)
NOI $29,915 @ 7.0% cap · market cap 14.96%
Second Best
Self Storage
$320.0K
$280.0K – $373.4K (±1% cap)
NOI $22,402 @ 7.0% cap · market cap 11.20%
Theoretical Best
Office A
$575.8K
$503.8K – $671.7K (±1% cap)
NOI $40,304 @ 7.0% cap · market cap 20.15%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Pharmacy Spa & Massage Center Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

356
Businesses Nearby

Demographics for 37406, TN

12,422
Population
5,894
Households
2.1
Avg Household Size
36
Median Age
16%
College-Educated
85%
High-School Grad
12.1 sq mi
ZIP Area
1,027
Density / Sq Mi
$42,993
Median Household Income
$31,076
Median Earnings
$944
Median Rent
$150,300
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - Flexible commercial property ideal for warehouse, storage, office, or contractor use.
Where is this commercial land located?
The property is located at 2507 BLISS AVE Chattanooga, TN.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Strategic location in a growing industrial and business corridor with convenient access to major roadways, downtown Chattanooga, manufacturing hubs, and interstate connections.; Flexible commercial potential suitable for warehouse, self‑storage, lot storage, office, contractor use, distribution, or flex space.; Offered at $200,000, presenting an outstanding opportunity for investors, developers, owner‑operators, or businesses.
More about this property
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