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    1278 Peeples St Chattanooga, TN 37403

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    1278 Peeples St Chattanooga, TN 37403


    • Warehouses
    • 33,760 SF
    • 1.39 lot acres
    Industrial Building with Secure Yard For Lease
    $2,740,000

    Industrial Building with Secure Yard

    Concrete building with loading docks and fenced yard for lease.

    1278 Peeples St, Chattanooga, TN 37403
    View Listing
    Property ID
    US80-1227692
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $2,740,000
    Cap Rate Potential
    7.5%
    Warehouses
    Location Intelligence

    Current Use by Public Records

    • Gold Bond / Tax Preparation

    Property Details for 1278 Peeples St

    Year built
    1969
    Lot size
    1.39 lot acres
    Property size
    33,760 SF
    Zone code
    M1
    Property type
    Warehouses
    APN
    145E U 002
    APU
    145EU002

    Description

    This exceptional 36,760-square-foot industrial property, situated on 1.5 acres, presents a unique investment opportunity. The single-tenant building boasts a Class B rating and features a solid concrete structure, originally designed as a liquor distribution center. The 22-foot ceiling height provides ample vertical space, complemented by three dock-high doors and three loading docks for efficient material handling. The building is equipped with 3-phase power. The property is zoned C-2. The office space has been completely gutted, offering a blank canvas for customization to suit a variety of manufacturing, warehouse, or flex-space needs. Significant improvements are underway, including the installation of a new fence with manual and power gates, and fresh blacktop paving for parking along the building's left side and rear. The roof is only three years old. The attractive lease terms include the owner covering all property taxes and building insurance, with the tenant responsible for building maintenance. This turnkey solution offers immediate occupancy and significant potential for a variety of businesses. Don't miss this chance to secure a well-maintained, strategically located industrial space with substantial upgrades.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $2,740,000
      ML approach
      $2,740,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $3,435,000
      6.5%
      $3,170,000
      7%
      $2,945,000
    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $2,240,000
      Current use
      RETAIL STORES
      $4,100,000
      Change: +83% Conversion: Moderate
      INDUSTRIAL (GENERAL)
      $2,105,000
      Change: -6% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Chattanooga
    County
    Hamilton
    State
    Tennessee
    Longitude
    -85.2998
    Latitude
    35.0378
    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
    $7,080
    $0.00
    $0.00
    $316,440
    -
    $115,800
    $675,300
    $791,100
    View Listing
    More about this property
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