Technical
Financial
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Property profile

1504 38Th St Chattanooga, TN 37407

OFF-MARKET
Warehouses
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Property summary

AI-generated overview

This exceptional industrial property, located at 1504 E 38th St in Chattanooga, Tennessee, offers a versatile space ideal for manufacturing, warehousing, or distribution. The main unit encompasses 9,423 square feet, featuring one dock door and one drive-in door for convenient loading and unloading. Inside, you'll find a restroom, gas heaters, and durable concrete walls. The property also boasts a significant advantage with .5 acres of fenced parking, ensuring secure storage of materials and trailers. Its strategic location provides easy access to Interstate Highway 24, just 1.2 miles away, facilitating efficient transportation. The property is zoned M-1, allowing for a wide range of commercial uses. For businesses requiring expanded capacity, an additional 9,100 square feet is available within the same building, increasing the total leasable area to 18,523 square feet. This expansion also includes an additional .4-acre fenced drop yard, bringing the total fenced parking and storage area to .9 acres. This property is part of the Chattanooga Industrial Park, offering the potential for synergy with other businesses in the area. Other suites with office spaces are also available within the park.

Property profile

Verified
Property type Warehouses

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
  • Corporate Office

Location

1504 38Th St Chattanooga, TN 37407
Chattanooga metro
Google Maps

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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