2800 Riverport RdChattanooga, TN 37406

Property Details for 2800 Riverport Rd

Year built

1992

Lot size

22.70 AC

Property size (Sq ft)

91,598 SF

Zone code

M1

Property type

Office properties

Property subtype

Other office properties

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.

• CAP approach

  CAP return

  Valuation

  6%

  $19,373,376

  6.5%

  $17,883,116

  7%

  $16,605,751

• Comparable approach

  Method

  Valuation

  Relative Method

  $14,920,396

  Geo Method

  $17,867,106

• Alternative Use

  Use

  Valuation

  Residential

  $22,175,064

  Hospitality

  $20,312,240

  Educational

  $16,899,546

  Medical

  $17,480,746

  Retail

  $26,288,182

Location Insight

City

Chattanooga

County

Hamilton

State

Tennessee

Latitude

35.0799

Longitude

-85.2686

CBSA code

16860

CBSA name

CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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