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    3818 Cummings Hwy Chattanooga, TN 37419

    Sponsored
    For Lease
    $24,000

    1-Acre Lot, Expandable to 15 Acres

    Lot size:
    43,560 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1-acre commercial and industrial land parcel presents a unique investment opportunity in Chattanooga, Tennessee. Located at 3818 Cummings Highway, in Hamilton County, zip code 37419, this single-tenant property offers significant potential for development. Currently vacant and used as a storage lot, the site's zoning allows for expansion up to a total of 15 acres, providing ample room for future growth and expansion of existing or new businesses. The property's strategic location in Chattanooga offers easy access to major transportation routes, ensuring convenient logistics and accessibility for a wide range of commercial and industrial uses. This presents a rare chance to acquire a sizable tract of land in a thriving Tennessee market, ideal for businesses seeking to establish a strong presence or expand their operations. The property is designated as commercial and industrial land, offering flexibility for various development plans. Its single-tenant status simplifies ownership and management, making it an attractive option for investors seeking a straightforward investment. The latitude and longitude coordinates are 35.0201729 and -85.3878273 respectively. This prime location and expansive development potential make this property a compelling investment opportunity. Serious inquiries are encouraged to explore the possibilities this land offers.

    Property Features for 3818 Cummings Hwy

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    43,560 SF
    Total Rate
    24000

    Unit(s) available at that property

    Space
    Size
    43,560 SF
    Rate per SF
    $24,000

    HighLights

    • No existing structures.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chattanooga
    County
    Hamilton
    State
    Tennessee
    Longitude
    -85.3878273
    Latitude
    35.0201729

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    FAQs

    What type of property is this?
    Land - 1-Acre Lot, Expandable to 15 Acres
    Where is this land located?
    The property is located at 3818 Cummings Hwy Chattanooga, TN.
    What is the lease rate?
    The lease rate is $24,000.
    What are key features of this property?
    This property features: No existing structures.; ;
    Request Owner's contact information
    3818 Cummings Hwy Chattanooga, TN 37419
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    Chattanooga, TN 37419
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3818 Cummings Hwy Chattanooga, TN 37419
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