Flex Space with Clear-Span
For Sale
Contact for pricing
5010 HWY 58, Chattanooga, TN 37416
Flex space with an open clear-span warehouse, showroom, HVAC, and loading support with a drive-in door and dock door.
Property Size8,220 SF
Price / SF$206.20
Days on Market101
Property Features for 5010 HWY 58
General Information
Standard status
Active
Size
8,220 SF
Class
A
Total Parking Spaces
50
Property subtype
Retail, Office, Industrial
Zoning
Commercial
Site & Location
Neighborhood
Washington Hills Neighborhood Association
Warehouse & Industrial
Clear Height
16 ft
Clear Span
Yes
Dock-High Doors
1
Drive-In Doors
1
Conditioned Warehouse
Yes
Building Details
Year Built
1979
Year Renovated
2023
Buildings
1
Stories
2
Units
1
Listing Agency:
RE/MAX Properties
Listed By:
Daniel Hunter · License #TN 343739
(423) 605-9713
Source:
Crexi
Added: Jul 23
Changed: Oct 25
Last Checked: Oct 30 at 1:42PM
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 RE/MAX Properties
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This flex space offers 8,220 SF of combined office and warehouse functionality, updated to include an open showroom, kitchen, and two offices. The building is laid out with two bathrooms, including one with a custom shower, and an open clear span warehouse with a 16 ft ceiling height.
Operational features include one drive-in door and one receiver dock door, supported by HVAC for the entire building. Parking is available in front, side, and back of the property, and the site is positioned for high visibility to HWY 58.
Built in 1979, the space is designed to support both showroom-facing use and warehouse storage or distribution needs with straightforward access and on-site parking.
Operational features include one drive-in door and one receiver dock door, supported by HVAC for the entire building. Parking is available in front, side, and back of the property, and the site is positioned for high visibility to HWY 58.
Built in 1979, the space is designed to support both showroom-facing use and warehouse storage or distribution needs with straightforward access and on-site parking.
Key Highlights
- 8,220 SF flex space with open showroom, kitchen, and two offices
- Open clear‑span warehouse with 16 ft ceiling height
- Two bathrooms, including one with a custom shower
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$77,516
Cap Rate
4.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,550,320
$1.6M
Cap Rate 7%
$1,107,371
$1.1M
Cap Rate 9%
$861,289
$861.3K
Market Conditions
NOI Build-Up for 8,220 SF
Gross rent
$128.2K $15.60/SF
− Vacancy
−$9.0K −$1.09/SF
EGI
$119.3K $14.51/SF
− OpEx
−$41.7K −$5.08/SF
NOI
$77.5K $9.43/SF
Area
Chattanooga, TN
Vacancy
7.00%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,550,320
Cap Rate 7%
$1,107,371
Cap Rate 9%
$861,289
Alternative Uses
Best Use
Flex RnD
$1.11M
$969.0K – $1.29M
NOI $77,516 @ 7.0% cap · market cap 4.57%
Second Best
Retail
$907.5K
$794.1K – $1.06M
NOI $63,524 @ 7.0% cap · market cap 3.75%
Theoretical Best
Office A
$1.82M
$1.59M – $2.12M
NOI $127,080 @ 7.0% cap · market cap 7.50%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
16 ft
Clear height
1
Dock-high doors
1
Drive-in doors
Location Intelligence
Trade Area within ½ mile
306
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 37416, TN
14,844
Population
6,598
Households
2.2
Avg Household Size
42
Median Age
34%
College-Educated
94%
High-School Grad
20.5 sq mi
ZIP Area
724
Density / Sq Mi
$65,083
Median Household Income
$37,379
Median Earnings
$1,086
Median Rent
$229,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Highway 58 BBQ — 4921 TN-58, Chattanooga, TN 37416
Frequently Asked Questions
What type of property is this?
Flex space - Flex space with an open clear-span warehouse, showroom, HVAC, and loading support with a drive-in door and dock door.
Where is this flex space located?
The property is located at 5010 HWY 58 Chattanooga, TN.
What is the asking price?
The asking price for this property is $1,695,000.
What are key features of this property?
This property features: 8,220 SF flex space with open showroom, kitchen, and two offices; Open clear‑span warehouse with 16 ft ceiling height; Two bathrooms, including one with a custom shower
