106 Industrial Park DrSoddy-Daisy, TN 37379

Property Details for 106 Industrial Park Dr

Year built

1994

Lot size

1.01 AC

Property size (Sq ft)

18,000 SF

Zone code

M2

Property type

Office properties

Property subtype

Other office properties

APN

073 111.20

APU

7311120

Description

This 18,000-square-foot industrial property, located at 106 Industrial Park Drive in Soddy-Daisy, Tennessee (zip code 37379), offers a unique opportunity for businesses seeking a large, flexible space. Situated approximately 10 miles north of Chattanooga, this single-story building boasts a 19-foot ceiling height, making it suitable for various industrial uses, including flex, warehouse, distribution, manufacturing, and R&D. The property features one loading dock with one dock-high door and one drive-in door, ensuring efficient loading and unloading. Ample parking is provided with 40 surface parking spaces. The building sits on a one-acre lot (43,690 square feet) and is classified as Class B. Built in 1996, the property includes 1000 AMP/3-phase power service. The zoning is M-1. The property's APN is 073-111.20. Lease terms and rates are negotiable, and a co-op fee is offered. This represents a rare opportunity to lease a substantial industrial space in the Soddy-Daisy submarket of Chattanooga, where quality inventory is limited.

• CAP approach

  CAP return

  Valuation

  6%

  $3,807,078

  6.5%

  $3,514,226

  7%

  $3,263,210

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,932,020

  Geo Method

  $3,511,080

• Alternative Use

  Use

  Valuation

  Residential

  $4,357,640

  Hospitality

  $3,991,575

  Educational

  $3,320,944

  Medical

  $3,435,156

  Retail

  $5,165,912

Location Insight

City

Soddy Daisy

County

Hamilton

State

Tennessee

Latitude

35.2222

Longitude

-85.2187

CBSA code

16860

CBSA name

CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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