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Property profile & analytics
OFF-MARKET Estimated value $690,000
Manufacturing properties

2301 28th St Chattanooga, TN 37407-3629

31,644 SF 1 ac lot Built 1910
Entity Owned Free & Clear
Property ID
US80-1831487
Property summary
AI-generated overview

Rivoli Mills, located at 2301 E 28th St, Chattanooga, TN 37407, offers 31,645 square feet of single-tenant industrial flex space. This two-story building, originally constructed in 1910 and extensively renovated in 2014, sits on a 0.79-acre lot. The property boasts convenient access to Interstate highways and is situated just outside of downtown Chattanooga, providing excellent access to a local and regional customer base. Ideal for light manufacturing or warehousing operations, the space features a combination of open areas and several private offices, catering to diverse business needs. The building includes elevators for efficient vertical movement within the structure. The entire 31,645 square feet is currently vacant and available for lease. Its history as a golf shirt manufacturing facility adds unique character to this well-maintained and strategically located industrial property. The combination of historic charm and modern updates makes Rivoli Mills a compelling option for businesses seeking a functional and distinctive space in a thriving Chattanooga location.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1910
Total area 31,644 SF
Lot 1 ac (43,560 SF)
Zoning code M1
APN 156J G 045
UPID US80-1831487
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
  • Rivoli Mills Building Warehouse & Storage
  • GreenForm Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$680k
Blend (final) Blend
$690k
Owner & transaction history
Iai Rivoli Mills LLC
Iai Rivoli Mills LLC
since 2026
Last sale
$700,000
7 recorded transactions
2026
Price N/A
2025
$700,000
2021
$230,000
2019
$350,000
2014
$169,900
2004
Price N/A
2004
Price N/A
Zoning & alternative use
M1 · Chattanooga, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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