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Property profile

951 Watkins St Chattanooga, TN 37404

OFF-MARKET
Warehouses
30,000 SF Built 1975
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Property summary

AI-generated overview

This exceptional Chattanooga industrial property, located at 951 S Watkins St, 37404, offers versatile flex, warehouse, and distribution space. The 30,000 square foot building, constructed in 1975 and renovated in 2020, boasts a Class C rating and is currently zoned M1. Two suites are available, with a minimum divisible space of 1,000 square feet and a maximum contiguous space of 7,500 square feet. Currently, 7,500 square feet is vacant and ready for immediate occupancy. The property features a 25-foot ceiling height, enhancing storage and operational efficiency. Two loading docks provide convenient access for loading and unloading, complemented by ample parking with 75 spaces. The building is equipped with 300 amp power. This location provides easy access to major transportation routes, making it ideal for businesses requiring efficient logistics. The property's flexible layout caters to a variety of industrial and commercial needs, from warehousing and distribution to light manufacturing and flex space uses. The combination of modern updates and functional design makes this an attractive opportunity for businesses seeking a well-maintained and strategically located space in Chattanooga, Tennessee.

Property profile

Verified
Property type Warehouses
Year built 1975
Total area 30,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Sports Field & Court Sports School
  • Sports Field & Court Sports School
  • Production Facility
  • Construction Company

Location

951 Watkins St Chattanooga, TN 37404
Chattanooga metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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