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Property profile & analytics
OFF-MARKET
Warehouses

1234 Greenslake Rd Chattanooga, TN 37412-2334

12,185 SF 1.09 ac lot Built 1963
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US80-2021990
Property summary
AI-generated overview

This exceptional East Ridge, TN property at 1234 Greens Lake Rd offers 11,000 square feet of prime flex space, ideal for a variety of businesses. Currently, 1,200 square feet is immediately available, with the potential to lease up to the entire 11,000 square foot building. The building is divided into five individual suites, allowing for flexibility in tenant needs. The space is zoned M-1 and features a diverse range of uses, including traditional office, creative office, and refrigerated/cold storage options. This makes it perfect for companies requiring adaptable space to accommodate various operational requirements. The property's location in the East Ridge submarket, near the cross street of Bennett, provides excellent accessibility and visibility. The minimum leasable space is 1,200 square feet, while contiguous space up to the entire 11,000 square feet is available. This multi-tenant building presents a unique opportunity for businesses seeking a versatile and strategically located space in East Ridge, Tennessee (APN: 169I D 026, Zip Code: 37412). Inquire today to learn more about this exceptional opportunity.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1963
Total area 12,185 SF
Lot 1.09 ac (47,480 SF)
Zoning code C2
APN 169I D 026
UPID US80-2021990
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Gustave Re Investments LLC · 1 yrs held
Gustave Re Investments LLC
since 2025
Last sale
$445,000
4 recorded transactions
2025
Price N/A
2024
$445,000
2016
$150,000
1996
$200,000
Zoning & alternative use
C2 · Chattanooga, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source code of ordinances
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