New Industrial Building For
3903 Caine Lane, Chattanooga, TN 37421
New 5,200 SF industrial building with office space.
Type:IND, IND-FLEX
Property size:
5,200 SFPrice / SF:
$215/SF- Added:
- Oct 30, 2025
- Days on Market:
- 214
- Last Refresh:
- Apr 3 at 4:56 am
Property Features for 3903 Caine Lane
General Information
- Standard status
- Active
- Size
- 5,200 SF
- Property subtype
- IND, IND-FLEX
Building Details
- Year Built
- 2026
Listing agent Robert Fisher License #285342, Tennessee (423) 667-8634
Listing office The Robert Fisher Team (423) 667-8634
Listing date Oct 30, 2025
Source Realnex
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 The Robert Fisher Team
HighLights
- Excellent Location: Just minutes from Hwy 153 and Chattanooga Metropolitan Airport.
- New Construction: Modern, efficient space completed February 2026.
- 5,200 SF Total Area: Includes ±600 SF of finished office space with break room, restroom, and janitor’s closet.
- Fully Conditioned Warehouse: HVAC and gas heat for climate control.
- Drive‑In Door: 14’ x 14’ for easy loading and unloading.
- 6 Dedicated Parking Spaces: Ample parking for employees and visitors.
Overview
This new 5,200 SF industrial building, slated for completion in February 2026, presents an opportunity for owner-occupiers or investors. The property includes approximately 600 SF of finished office space, a break room, restroom, and janitor’s closet. The warehouse space is fully conditioned and equipped with gas heat. The building features 20’ warehouse ceiling height (16’ at eaves), and a 14’ x 14’ drive-in door. The floors are constructed with 6.5” reinforced concrete. The property includes a mop sink and utility area, along with 6 dedicated parking spaces. Located on Caine Ln in Chattanooga, the site offers access and visibility. It is situated 2–3 minutes from Hwy 153, a logistics corridor connecting to I-75 and I-24, facilitating regional and interstate access. Additionally, the property is less than 5 minutes from Chattanooga Metropolitan Airport (Lovell Field), enhancing travel and shipping convenience. Nearby traffic counts include Shallowford Rd at 27,463 vehicles/day and Airport Rd at 4,990 vehicles/day.
Local Financial Insights For Office B
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 | $93.6k | $18.00 |
| − Vacancy | −$14.0k | −$2.70 |
| EGI | $79.6k | $15.30 |
| − OpEx | −$19.9k | −$3.82 |
| NOI | $59.7k | $11.48 |
5,200 SF · lease $18.00/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$852.4K
$745.9K – $994.5K
NOI $59,670 @ 7.0% cap · market cap 5.33%
Second Best
Flex RnD
$700.5K
$613.0K – $817.3K
NOI $49,037 @ 7.0% cap · market cap 4.38%
Theoretical Best
Office A
$1.15M
$1.00M – $1.34M
NOI $80,391 @ 7.0% cap · market cap 7.18%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Flex space
Location Insight
- Map
- Local Demand
- City
- Chattanooga
- County
- Hamilton
- State
- Tennessee
- Longitude
- -85.216325
- Latitude
- 35.053306
Nearby Similar for Sale
FAQs
What type of property is this?
Flex space - New 5,200 SF industrial building with office space.
Where is this flex space located?
The property is located at 3903 Caine Lane Chattanooga, TN.
What is the asking price?
The asking price for this property is $1,120,000.
What are key features of this property?
This property features: Excellent Location: Just minutes from Hwy 153 and Chattanooga Metropolitan Airport.; New Construction: Modern, efficient space completed February 2026.; 5,200 SF Total Area: Includes ±600 SF of finished office space with break room, restroom, and janitor’s closet.
