2800 Riverport Rd Chattanooga, TN 37406
- Office Properties & Spaces
- 91,598 SF
- 22.70 lot acres
Current Use by Public Records
- Sofix LLC / Manufacturer
Property Details for 2800 Riverport Rd
- Year built
- 1992
- Lot size
- 22.70 lot acres
- Property size
- 91,598 SF
- Zone code
- M1
- Property type
- Office Properties & Spaces
- APN
- 127K A 001.14
- APU
- 127KA00114
Description
This exceptional Chattanooga industrial property, located at 2800 Riverport Rd, offers 61,090 square feet of versatile space across multiple buildings situated on a substantial 22.7-acre lot. The property boasts a diverse range of uses, including flex, manufacturing, R&D, and warehouse space, making it ideal for a variety of businesses. The main warehouse building comprises approximately 19,600 square feet and includes three dock-high doors and one drive-in door, catering to efficient loading and unloading. A separate one-story office/lab building adds approximately 15,000 square feet of climate-controlled space. Additional structures totaling 29,450 square feet further enhance the property's functionality. Amenities include locker rooms with showers, large labs or classrooms, a sizable conference room, and a spacious employee break room. The property is zoned M-1 Industrial and benefits from its strategic location within the Hamilton County Centre Port South Industrial Park, offering convenient access to Amnicola Highway and the Barge Port. Built in 1992, this property presents a unique opportunity for businesses seeking a well-equipped and strategically located industrial facility in Chattanooga, Tennessee. The property's size and diverse space options provide ample room for expansion and customization. The ample land provides significant potential for future development. This is a rare opportunity to acquire a substantial industrial property in a thriving Chattanooga location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $3,700,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $3,840,000
- 6.5%
- $3,440,000
- 7%
- $4,030,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $4,025,000
- Geo Method
- $3,395,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $3,635,000
- Retail
- $3,410,000
- Mixed-Use
- $3,405,000
- Hospitality
- $3,345,000
- Educational
- $4,055,000
- Residential Income
- $4,345,000
- Energy
- $4,175,000
- Income-Based Land
- $3,605,000
- Food Service
- $3,295,000
Location Insight
- Map
- Local Demand
- City
- Chattanooga
- County
- Hamilton
- State
- Tennessee
- Longitude
- -85.2686
- Latitude
- 35.0799
- CBSA code
- 16860
- CBSA name
- CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA
