1212 Peeples St Chattanooga, TN 37403
- Warehouses
- 26,575 SF
- 1.00 lot acres
Current Use by Public Records
- Lookout Mountain Tomato Co / Produce Wholesaler
- U-Haul Neighborhood Dealer / Trailer Rental Service / Truck Rental Agency
Property Details for 1212 Peeples St
- Year built
- 1964
- Lot size
- 1.00 lot acres
- Property size
- 26,575 SF
- Zone code
- M1
- Property type
- Warehouses
- APN
- 145E U 003
- APU
- 145EU003
Description
This exceptional 7,500-square-foot warehouse, situated in the heart of Chattanooga, Tennessee, presents a unique opportunity for businesses seeking a vibrant downtown location. Located at 1212 Peeples St, Chattanooga, TN 37403, this single-tenant property offers a blend of historical charm and modern functionality. Originally a Lookout Mountain Tomato and Banana factory, the building boasts high ceilings and a substantial 26,575 total square feet across two stories. The existing layout includes three offices on the second floor, providing ample space for administrative functions. Built in 1964, this Hamilton County warehouse is ideal for businesses seeking a space with character and potential for customization. The property's central location offers easy access to major transportation routes and the city's amenities. This is a rare opportunity to secure a well-positioned industrial space in a thriving downtown area. The property's size and layout offer flexibility for a variety of businesses, making it an attractive option for those seeking to establish or expand their operations in Chattanooga. The building's history adds a unique character, while its functional design provides a practical and efficient workspace. Contact us today to learn more about this exceptional property and schedule a viewing.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,325,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,295,000
- 6.5%
- $1,485,000
- 7%
- $1,440,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,390,000
- Geo Method
- $1,255,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,455,000
- Retail
- $1,390,000
- Mixed-Use
- $1,585,000
- Hospitality
- $1,335,000
- Educational
- $1,405,000
- Residential Income
- $1,270,000
- Energy
- $1,640,000
- Income-Based Land
- $1,375,000
- Food Service
- $1,535,000
Location Insight
- Map
- Local Demand
- City
- Chattanooga
- County
- Hamilton
- State
- Tennessee
- Longitude
- -85.2997
- Latitude
- 35.0383
- CBSA code
- 16860
- CBSA name
- CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA
