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    2308 28Th St Chattanooga, TN 37407

    For Lease
    $9 SF/Yr ($17,543 /Mo)

    22,160 SF Warehouse, Chattanooga, TN

    Lot size:
    22,160 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This 22,160-square-foot industrial warehouse, located at 2308 E 28th St in Chattanooga, Tennessee, presents a significant opportunity for businesses in the manufacturing, warehouse, or distribution sectors. Built in 2001, this single-tenant property sits on 1.4 acres of land and is classified as Class C. The building features a single story with ceiling heights ranging from 19'6" to 25'10", providing ample vertical space for storage and operations. Loading and unloading are facilitated by three loading docks and two dock-high doors, supplemented by one drive-in door. Parking is available for approximately twelve vehicles. The property boasts 210 feet of frontage and is equipped with 200 AMP 240V power. Its M1 Industrial zoning allows for a variety of uses. Strategically located in Chattanooga's East Lake submarket, this warehouse offers easy access to major transportation corridors, including Interstates 24 and 75, making it an ideal distribution hub for the Southeast. The property's proximity to other businesses in the trucking parts and services industry creates a synergistic environment for growth and expansion. This warehouse is currently vacant and ready for immediate occupancy. The APN is 156OF 026 and the zip code is 37407.

    Property Features for 2308 28Th St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    22,160 SF
    Class
    C
    Total Rate
    17543.33

    Building Details

    Year Built
    2001
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    22,160 SF
    Rate per SF
    $9

    HighLights

    • 22,160 SF warehouse on 1.4‑acre lot
    • 1,300 SF of finished office space
    • M1 Industrial zoning
    • Three (3) 52” truck‑level docks, one (1) ramp, and two (2) 16’ x 14’ loading doors
    • 19.5’ - 25.10’ clear ceiling height
    • Fenced outdoor storage area
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Chattanooga
    County
    Hamilton
    State
    Tennessee
    Longitude
    -85.28038577
    Latitude
    35.01032544

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    FAQs

    What type of property is this?
    Distribution property - 22,160 SF Warehouse, Chattanooga, TN
    Where is this distribution property located?
    The property is located at 2308 28Th St Chattanooga, TN.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: 22,160 SF warehouse on 1.4-acre lot; 1,300 SF of finished office space; M1 Industrial zoning
    Request Owner's contact information
    2308 28Th St Chattanooga, TN 37407
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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
    2308 28Th St Chattanooga, TN 37407
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