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Property profile & analytics
OFF-MARKET Estimated value $710,000
Warehouses

2000 Chestnut St Chattanooga, TN 37408-2407

12,438 SF 0.56 ac lot Built 1950
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US80-0588672
Property summary
AI-generated overview

This exceptional 12,438-square-foot industrial property, located at 2000 Chestnut Street in Chattanooga, Tennessee, presents a compelling investment opportunity. Situated on a 0.49-acre lot in Hamilton County (zip code 37408), this light industrially zoned warehouse boasts a prime location across from Finley Stadium and the Chattanooga Market, offering excellent visibility and accessibility. The building currently houses Associated Equipment, an HVAC wholesaler, who are willing to lease back the property on a triple net (NNN) basis at fair market value for at least 12 months. This provides a built-in income stream for the new owner. The warehouse features two loading docks and two drive-in doors with manual roll-up doors, facilitating efficient loading and unloading operations. The asking price for this single-tenant property is $1,500,000. Its strategic location provides easy access to Interstates 24 and 75, enhancing its logistical advantages and appeal to a wide range of potential tenants or owner-occupiers. This property is ideal for investors seeking a strong return on investment or businesses looking for a well-equipped space in a thriving Chattanooga location. The property is classified as both industrial and office use.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1950
Total area 12,438 SF
Lot 0.56 ac (24,288 SF)
Zoning code M1
APN 145K G 002
UPID US80-0588672
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
Current use
Occupant on record · Public records
  • Associated Equipment Co Hardware & Home Improvement HVAC Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$708k
Blend (final) Blend
$710k
Owner & transaction history
2kc LLC · 1 yrs held
2kc LLC
since 2025
6 recorded transactions
2025
Price N/A
2019
Price N/A
2013
Price N/A
1994
$215,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
M1 · Chattanooga, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source code of ordinances
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