415 Scruggs RdChattanooga, TN 37412

  • Land
  • 7.00 AC
For Lease
$18/SF/YR View listing

Property Details for 415 Scruggs Rd

Lot size
7.00 AC
Property type
Land
Property subtype
Commercial land
APN
170I C 008
APU
170IC008

Description

This exceptional 1-acre commercial land parcel, situated at 415 Scruggs Rd, Chattanooga, TN 37412, offers a prime opportunity for outdoor storage. Located just one mile from I-75 Exit 1, this gated facility provides convenient access for businesses needing secure storage solutions. The property features a gravel surface, ensuring easy maneuverability for various vehicles, including semi-trucks and trailers. Comprehensive security measures are in place, including perimeter fencing, gated access, and 24/7 surveillance, ensuring peace of mind for tenants. The site is well-lit for enhanced safety and visibility. Beyond the ample storage space, tenants enjoy access to a covered picnic area equipped with clean men's and women's restrooms. This property is ideal for businesses requiring secure, convenient, and easily accessible outdoor storage for automobiles, truck fleets, or bulk materials. The entire facility encompasses over 10 acres, with additional acreage available for lease on a per-acre basis. This is a single-tenant property, offering exclusive use of the leased area. The property is classified as both commercial and industrial land.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $73,818,432
    Hospitality
    $67,617,288
    Educational
    $56,256,788
    Medical
    $58,191,544
    Retail
    $87,510,560
415 Scruggs Rd, Chattanooga, Tennessee

Location Insight

City
Chattanooga
County
Hamilton
State
Tennessee
Latitude
34.9873
Longitude
-85.1949
CBSA code
16860
CBSA name
CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,172
-
-
$33,600
-
$84,000
-
$84,000

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