Secured Industrial Property with Development
4015 Dodds Avenue Chattanooga, TN 37407
4015 Dodds Avenue, Chattanooga, TN, 37407
Contact for pricing
For Sale
Contact for pricing
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 Market64
Property Features for 4015 Dodds Avenue
General Information
- Standard status
- Active
- Size
- 15,523 SF
- Lot size
- 2.50 Acres
- Property subtype
- Industrial, Land
Building Details
- Year Built
- 1950
Listing Agency
David Barrueta Associates
Listed by
David Barrueta · License #TN 301385
Source
Crexi
Added: May 14 Checked: Jul 16 at 11:08 am
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
Local 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 | $115.5k | $7.44 |
| − Vacancy | −$4.0k | −$0.26 |
| EGI | $111.4k | $7.18 |
| − OpEx | −$16.7k | −$1.08 |
| NOI | $94.7k | $6.10 |
15,523 SF · lease $7.44/SF/yr · vacancy 3.50% · expense 15.00%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Door Systems | ASSA ...
Building Supply
Similar For Sale Nearby
Similar Off Market Nearby
- Pacnstore — 2314 E Main St, Chattanooga, TN 37404
FAQs
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
