Secured Industrial Property with Development
For Sale
Contact for pricing
4015 Dodds Avenue, Chattanooga, TN 37407
15,523 SF industrial building on 2.5 acres for sale.
Property Size15,523 SF
Lot Size2.50 Acres
Price / SF$109.45
Days on Market155
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Property Features for 4015 Dodds Avenue
General Information
Standard status
Active
Size
15,523 SF
Lot size
2.50 Acres
Property subtype
Industrial, Land
Zoning
Heavy Industrial (I-H)
Investment Type
Owner/User
Building Details
Year Built
1950
Year Renovated
2025
Buildings
1
Listing Agency:
David Barrueta Associates
Listed By:
David Barrueta · License #TN 301385
(404) 493-1794
Source:
Crexi
Added: May 14
Changed: Oct 11
Last Checked: Oct 14 at 9:51PM
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 David Barrueta Associates
Investment Insights
Based on property information with market context.
This property features a 15,523 SF building, including 1,818 SF of finished office space and 13,705 SF of warehouse area, situated on a 2.50-acre fully fenced and secured lot. The site offers an area to develop an approximately 15,000 SF additional building. The warehouse has a 14.5' clear ceiling height and is equipped with four overhead doors: one on-grade door (14'x14') and three dock-height doors. It has 3-phase power. Zoned Heavy Industrial (I-H), the property accommodates a wide range of uses. It provides easy access to I-24 and downtown Chattanooga. The property has had stabilized tenancy over the past five years and is now available for new occupancy.
Key Highlights
- 15,523 SF total building area with 1,818 SF of finished office space and 13,705 SF warehouse
- Expansive 2.50 acres, fully fenced and secured, offering development potential for approximately 15,000 SF additional building
- Heavy Industrial (I‑H) zoning allows for diverse business operations
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$94,732
Cap Rate
5.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,894,640
$1.9M
Cap Rate 7%
$1,353,314
$1.4M
Cap Rate 9%
$1,052,578
$1.1M
Market Conditions
NOI Build-Up for 15,523 SF
Gross rent
$115.5K $7.44/SF
− Vacancy
−$4.0K −$0.26/SF
EGI
$111.4K $7.18/SF
− OpEx
−$16.7K −$1.08/SF
NOI
$94.7K $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%
$1,894,640
Cap Rate 7%
$1,353,314
Cap Rate 9%
$1,052,578
Alternative Uses
Best Use
Office B
$2.54M
$2.23M – $2.97M
NOI $178,126 @ 7.0% cap · market cap 10.48%
Second Best
Warehouse
$1.35M
$1.18M – $1.58M
NOI $94,732 @ 7.0% cap · market cap 5.58%
Theoretical Best
Office A
$3.43M
$3.00M – $4.00M
NOI $239,983 @ 7.0% cap · market cap 14.12%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
448
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 37407, TN
9,779
Population
3,540
Households
2.8
Avg Household Size
28
Median Age
7%
College-Educated
57%
High-School Grad
3.4 sq mi
ZIP Area
2,876
Density / Sq Mi
$33,785
Median Household Income
$27,018
Median Earnings
$891
Median Rent
$84,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- Safebox Self Storage — 1500 E 41st St, Chattanooga, TN 37407
- Fox Moving and Storage of Chattanooga — 3475 8th Ave, Chattanooga, TN 37407
Frequently Asked Questions
What type of property is this?
Warehouse - 15,523 SF industrial building on 2.5 acres for sale.
Where is this warehouse located?
The property is located at 4015 Dodds Avenue Chattanooga, TN.
What is the asking price?
The asking price for this property is $1,699,000.
What are key features of this property?
This property features: 15,523 SF total building area with 1,818 SF of finished office space and 13,705 SF warehouse; Expansive 2.50 acres, fully fenced and secured, offering development potential for approximately 15,000 SF additional building; Heavy Industrial (I‑H) zoning allows for diverse business operations
