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    1420 Armour Dr East Ridge, TN 37412

    Sponsored
    For Sale
    $1,600,000

    16,000 SF Manufacturing Plant - $100/SF

    Property size:
    16,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 16,000-square-foot manufacturing facility, located at 1420 Armour Dr, East Ridge, TN 37412, presents a compelling investment opportunity. Built in 1998, this single-building property sits on commercially zoned land in Hamilton County, offering a prime location within a rapidly growing area. The asking price is $1,600,000, translating to a competitive price per square foot of $100. The property's strong location in East Ridge, Tennessee, offers excellent demographics and a history of consistent income generation, making it an attractive prospect for long-term investment. Chattanooga's robust growth trajectory further enhances the property's value and potential for future appreciation. This is a rare opportunity to acquire a well-established manufacturing facility in a thriving market. The property is being offered for sale directly by the owner. Detailed financial information and further specifics are available upon request. Serious inquiries only.

    Property Features for 1420 Armour Dr

    General Information

    Property type
    Manufacturing properties
    Square Feet
    16,000 SF

    Building Details

    Year Built
    1998
    Buildings
    1

    HighLights

    • $1,600,000 asking price.
    • 16,000 square foot industrial manufacturing building.
    • $100 per square foot.
    • Built in 1998.
    • Located at 1420 Armour Dr, East Ridge, TN 37412.
    • Commercially zoned.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Map

    City
    East Ridge
    County
    Hamilton
    State
    Tennessee
    Longitude
    -85.2378603
    Latitude
    34.9966502

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    FAQs

    What type of property is this?
    Manufacturing property - 16,000 SF Manufacturing Plant - $100/SF
    Where is this manufacturing property located?
    The property is located at 1420 Armour Dr East Ridge, TN.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: $1,600,000 asking price.; 16,000 square foot industrial manufacturing building.; $100 per square foot.
    Request Owner's contact information
    1420 Armour Dr East Ridge, TN 37412
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    East Ridge, TN 37412
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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
    1420 Armour Dr East Ridge, TN 37412
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