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Financial
Distress signals
Property profile

1394 Workman Rd Chattanooga, TN 37407

FOR LEASE
Warehouses
Property ID
US80-1947382
100,000 SF 6.52 ac lot Built 1979
Last sale Jul 2025 · $9,780,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
1394 Workman Rd, Chattanooga, TN 37407 For Lease
$8.50 SF/Yr 57,000 SF available
1394 Workman Rd, Chattanooga, TN 37407
View Listing

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…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$25k
Tax billed · 2023
Assessed value$1.10M
Effective rate2.24%

Value estimate

· Oct 2026
$8.19M
$7.37M – $9.00M
CAP approach$9.39M
Submarket $/SF estimate$5.68M
NOI build-up
Gross scheduled income$424k
Vacancy & credit loss−$15k
Operating expenses−$123k
NOI · 3,370,188.24% cap applied$286k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$55/SF
ZIP average, outlier-cleaned · 26 recorded sales of this use type
Observed band · Q1–Q3$20 – $81

Cap rate analysis

How does the asset earn?
3,370,188.24%
$286k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionHAMILTON

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency23.3
Spa & Massage15.2
Hair Salon13.4

Location

1394 Workman Rd Chattanooga, TN 37407
County assessor Recorded deeds · 8 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2710 30th, Chattanooga, TN 37407-1617 $1,350,000 Oct 2024 22,503 SF
2500 38th, Chattanooga, TN 37407-2241 $432,634 May 2024 94,042 SF
2700 8th, Chattanooga, TN 37407-3616 $1,100,000 Apr 2024 16,657 SF
1320 49th, Chattanooga, TN 37407-3522 $1,450,000 Mar 2024 70,800 SF
2506 29th, Chattanooga, TN 37407-1637 $223,800 Nov 2023 28,117 SF
1248 38th, Chattanooga, TN 37407-2438 $1,200,000 Nov 2022 38,754 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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