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Property profile

1394 Workman Rd Chattanooga, TN 37407

Warehouses
Property ID
US80-1947382
View Sample
100,000 SF 6.52 ac lot Built 1979
Entity Owned 1-yr Hold Free & Clear
1394 Workman Rd, Chattanooga, TN 37407 For Lease
$8.50 SF/Yr 57,000 SF available
1394 Workman Rd, Chattanooga, TN 37407
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Property summary

AI-generated overview

This exceptional 57,110-square-foot industrial property in Chattanooga, TN, offers a single-tenant, Class B warehouse and manufacturing space. Located at 1394 Workman Rd, zip code 37407, this one-story building features impressive ceiling heights ranging from 17'9" to 23', ideal for various industrial uses. The property includes one drive-in door, a ramp, and the potential for two truck-high dock doors, streamlining logistics. Power is robust, with 480 Volt - 800 Amp 3-Phase service available. The space is zoned M-1 and is conveniently situated near downtown Chattanooga, offering easy access to I-24. The building comprises approximately 8,719 square feet of office space and 48,391 square feet of warehouse/manufacturing area. The property is currently vacant and can be subdivided into two approximately 28,500-square-foot spaces. This prime location and versatile layout make it an excellent opportunity for businesses seeking efficient and well-equipped industrial space in a thriving Chattanooga market. The property's proximity to major transportation routes ensures convenient access for both employees and deliveries. This is a rare opportunity to secure a substantial, well-maintained industrial space in a desirable location.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1979
Total area 100,000 SF
Lot 6.52 ac (284,011 SF)
APN 168I C 002
UPID US80-1947382

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$9.39M
Comparable Approach Comparable
$5.68M
Blend (final) Blend
$8.19M

Owner & transaction history

since 2025
Last sale
$8.1M
7 recorded transactions
2025
$9.8M
2023
$8.1M
2022
Price N/A
2017
Price N/A
2004
$1.0M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Retail stores $12.2M +122.6%
Commercial (general) $6.3M +14.7%
Industrial (general) $6.2M +14.2%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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