3422 Cummings Rd Chattanooga, TN 37419
This exceptional 7-acre parcel of land presents a remarkable opportunity for industrial development in Chattanooga, Tennessee. Located at 3422 Cummings Road, Hamilton County, zip code 37419 (35.0123714, -85.3826342), this property boasts an M-1 industrial zoning designation, allowing for a wide range of industrial uses. The expansive lot size provides ample space for construction and future expansion. Its strategic location within Chattanooga places it in close proximity to existing commercial and industrial facilities, offering excellent access to infrastructure, transportation networks, and a skilled workforce. The asking price for this prime industrial land is $1,100,000. This represents a significant investment opportunity for developers seeking to capitalize on the growing industrial sector in Chattanooga. The property is ready for immediate development, eliminating lengthy permitting processes and allowing for a swift start to your project. Don't miss this chance to acquire a highly desirable industrial land parcel in a thriving Tennessee market. Broker co-op is available.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.