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Property profile & analytics
OFF-MARKET Estimated value $620,000
Warehouses

1601 Holtzclaw Ave Chattanooga, TN 37404-4802

16,200 SF 1 ac lot Built 1948
Individually Owned 6-yr Hold ~ Est. High Equity
Property ID
US80-1393437
Property summary
AI-generated overview

This exceptional 90,000 square foot office building, located at 1601 S Holtzclaw Ave in Chattanooga, Tennessee, presents a unique investment opportunity. Built in 1948 and extensively renovated in 2019, this Class B property offers a variety of spaces, ranging from 1,212 to 23,940 contiguous square feet, with a total of 57,330 square feet currently vacant. The single-story building sits on a 6.75-acre lot and features 173 parking spaces, providing ample convenience for tenants and visitors. The property is zoned UGC and is ideally situated within Hamilton County (zip code 37404), offering excellent highway access and proximity to the vibrant Southside neighborhood, Sculpture Fields park, and a burgeoning arts and culinary district. The building's adaptable spaces cater to various needs, including medical, creative, and traditional office uses. Potential tenants will benefit from exterior windows, storefront doors, and a loading dock. The landlord offers flexibility on tenant improvements, with pricing based on a "cold vanilla box" delivery, and NNN costs are estimated at approximately $5.35 per square foot. On-site amenities will include a courtyard and a fitness center. This property is part of a historic textile mill reuse project, already home to established businesses such as Clearstory Arts Studios, Austin Hatcher Foundation, and the Public Education Foundation, ensuring a strong daytime population.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1948
Total area 16,200 SF
Lot 1 ac (43,560 SF)
Zoning code M1
APN 156A D 003 C009
UPID US80-1393437
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
$619k
Blend (final) Blend
$620k
Owner & transaction history
Austin Hatcher Foun For Pediat · 6 yrs held
Austin Hatcher Foun For Pediat
since 2019
5 recorded transactions
2026
Price N/A
2020
Price N/A
2019
$1.2M
2019
Price N/A
2018
$2.0M
Zoning & alternative use
M1 · Chattanooga, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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