Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    210 Hamm Rd Chattanooga, TN 37405

    • Manufacturing properties
    • 11,080 SF
    • 1.03 lot acres
    For Sale
    View listing
    $3,750,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US80-1723104
    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.

    Current Use by Public Records

    • Closets by Design - Chattanooga / General Contractor / Renovation Specialist
    • Littlejohn Engineering Associates / Engineering Consultant / Civil Engineer
    • Quick Response Fire Protection, INC. / General Contractor / Security Service
    • Tennessee Process Pumps / Hardware & Home Improvement / General Contractor
    • Engineering / Production Facility

    Property Details for 210 Hamm Rd

    Year built
    1998
    Lot size
    1.03 lot acres
    Property size
    11,080 SF
    Zone code
    M1
    Property type
    Manufacturing properties
    APN
    135J B 001.02
    APU
    135JB00102

    Description

    Exceptional investment opportunity: a 11,008-square-foot, Class A industrial property in Chattanooga, TN (210 Hamm Rd, 37405). This single-story, 2023-renovated building sits on a 2.17-acre lot zoned M-1, offering significant development potential. Currently configured as a multi-tenant facility with two leases in place, generating consistent income. The property features two loading docks and one dock-high door. Its prime riverfront location benefits from potential future development in the area, including a planned townhouse development and river walk expansion. This represents a rare chance to acquire a strategically located asset in a rapidly growing area. The property consists of two parcels, one vacant (1.13 acres) and one improved (1.03 acres), providing flexibility for future expansion or redevelopment. The existing building offers 11,008 square feet of flexible space, ideal for manufacturing or warehouse use. This is a unique opportunity to capitalize on the burgeoning Chattanooga market. The sale includes the entire 2.17-acre parcel. The property is offered for sale by owner at $3,750,000. Net-Net-Plus lease terms are in place for the existing tenants.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,107,000
      Market price range: $238k - $1.11M
      AI Estimate
      $1,107,000
      Market price range: $238k - $1.11M

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $690,000
      Current use
      RETAIL STORES
      $1,750,000
      Change: +153% Conversion: Moderate
      WAREHOUSE, STORAGE
      $735,000
      Change: +6% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Chattanooga
    County
    Hamilton
    State
    Tennessee
    Longitude
    -85.3253
    Latitude
    35.0556
    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
    $4,741
    $0.00
    $0.00
    $211,920
    -
    $92,400
    $437,400
    $529,800

    Comparable in this City

    • Value Estimation by Request
      5,064 SF

      Hudson Rd

      MANUFACTURING (LIGHT) • 5,064 SF
      Hudson Rd, Chattanooga, TN 37405
      View Details
    • Value Estimation by Request
      926 SF

      500 Manufacturers Rd

      CHEMICAL • 926 SF
      500 Manufacturers Rd, Chattanooga, TN 37405
      View Details
    • Value Estimation by Request
      1,064 SF

      190 Rowland Gap Rd

      HEAVY MANUFACTURING • 1,064 SF
      190 Rowland Gap Rd, Chattanooga, TN 37405
      View Details
    • Value Estimation
      $9,575,000
      153,553 SF

      100 Manufacturers Rd

      MANUFACTURING (LIGHT) • 153,553 SF
      100 Manufacturers Rd, Chattanooga, TN 37405-3243
      View Details
    • Value Estimation
      $2,300,000
      31,024 SF

      106 Spg Rd

      MANUFACTURING (LIGHT) • 31,024 SF
      106 Spg Rd, Chattanooga, TN 37405-2020
      View Details
    • Value Estimation
      $15,130,000
      219,156 SF

      800 Manufacturers Rd

      MANUFACTURING (LIGHT) • 219,156 SF
      800 Manufacturers Rd, Chattanooga, TN 37405-3706
      View Details

    Similar Nearby for Sale

    • $3,750,000
      11,008 SF

      Chattanooga Industrial Investment

      Riverfront Multi-Tenant Manufacturing/Warehouse
      210 Hamm Rd, Chattanooga, TN 37405
      View Details
    • $799,900
      5.10 Acres

      Mountain Creek Road Development Land

      5.1 Acres, R-1 Zoning, Chattanooga
      1123 Mountain Creek Rd, Chattanooga, TN 37405
      View Details
    • $725,000
      0.67 Acres

      Signal Mountain Road Land - Chattanooga

      0.67-acre residential lot, R-4 zoning, prime location.
      802 Signal Mountain Rd, Chattanooga, TN 37405
      View Details
    • $599,000
      2.83 Acres

      Development Opportunity Near Signal Mountain

      2.83-acre vacant lot with development potential near downtown Chattanooga.
      1161 Mountain Creek Rd, Chattanooga, TN 37405
      View Details
    • $3,500,000
      20,000 SF

      Cherokee Blvd Office Building

      Prime North Chattanooga office, great income & development potential.
      620 Cherokee Blvd, Chattanooga, TN 37405
      View Details
    • $599,000
      2.83 Acres

      Chattanooga Land Development Opportunity

      2.83-acre tract near Signal Mountain, ideal for development or investment.
      1161 Mountain Creek Rd, Chattanooga, TN 37405
      View Details

    Similar Nearby for Lease

    • $20 SF/Yr
      5,200 SF

      Downtown Chattanooga Retail/Office Space

      Prime Downtown Chattanooga location, 2,600-5,200 sq ft.
      409 Market St, Signal Mountain, TN 37405
      View Details
    • $16 SF/Yr
      63,635 SF

      Four Squares Business Center, Chattanooga

      Chattanooga Office Space: Flexible Lease Options
      1200 Mountain Creek Rd, Chattanooga, TN 37405
      View Details
    • $22 SF/Yr
      11,544 SF

      Marlin Building: Chattanooga Office Space

      Prime Chattanooga Office, Retail, or Coworking
      419 Market St, Chattanooga, TN 37405
      View Details
    • Contact for pricing
      3,437 SF

      Northshore Retail Space Available

      Renovated retail space in trendy Northshore neighborhood, Chattanooga.
      300 Cherokee Blvd, Chattanooga, TN 37405
      View Details
    • $72 SF/Yr
      48,457 SF

      Northshore Office Space: Society of Work

      Modern Offices, Flexible Leases, Prime Location
      110 Somerville Ave, Chattanooga, TN 37405
      View Details
    • $28 SF/Yr
      11,544 SF

      Prime Northshore Retail/Office Space

      Sought-after location near dining, shopping, and downtown Chattanooga attractions.
      419 N Market St, Chattanooga, TN 37405
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    210 Hamm Rd
    Chattanooga, TN 37405
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!