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    308 W 47Th St Chattanooga, TN 37410
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    Property profile & analytics

    308 W 47Th St, Chattanooga, TN 37410

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    • Warehouses
    • 107,772 SF
    • 44.50 lot acres
    Paved and Gravel Lots for Lease For Lease
    $15,000/Mo

    Paved and Gravel Lots for Lease

    Two commercial lots available for lease near St. Elmo.

    308 W 47th St, Chattanooga, TN 37410
    View Listing
    Property ID
    US80-2523478
    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.

    Value Estimations
    $3,160,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 308 W 47Th St

    Year built
    1940
    Lot size
    44.50 lot acres
    Zone code
    M1
    Property type
    Warehouses
    APN
    167F A 001
    APU
    167FA001

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Sep 10, 2025 — Acme Holdings LLC — Deed · related $2.5M · Southeast Bank
    Mar 15, 2023 $2,750,000 Acme Holdings LLC Ssp Acme LLC Warranty Deed —
    Mar 15, 2023 — Acme Holdings LLC Ssp Acme LLC Quit Claim Deed · related —
    Mar 11, 2021 $600,000 Acme Brick Tile & Stone INC Acme Brick Tile & Stone LLC Special Warranty Deed —
    Apr 25, 2011 $211,000 Brick Acquisition Co Jenkins Brick & Tile Co LLC Grant Deed —
    Jan 5, 2010 $825,000 Jenkins Brick & Tile Co LLC Jordan Brick Co INC Warranty Deed —
    Dec 29, 2006 $1,500,000 Jordan Brick Co INC Key-james Brick & Supply INC Warranty Deed —

    Description

    Prime commercial and industrial land for lease near St. Elmo, offering two distinct parcels ideal for storage or drop yard operations. Parcel 1 encompasses 2.7 acres, featuring a fully paved surface, complete perimeter fencing, and three gated entrances for convenient access and security. Parcel 2, measuring 1.7 acres, is a gravel lot also fully fenced, situated directly adjacent to Parcel 1. Both parcels are available for lease individually or together, at a rate of $1,500 per acre per month. Crucially, these lots cannot be further subdivided. Lease terms are structured for a 12-month period, with a mutual six-month option for extension. An existing vacant office building on the property is not included in the lease agreement for these lots but is available for separate negotiation. The property's APN numbers are 167F A 001 and 167F B 016. The combined acreage available totals between 1.7 and 4.7 acres, providing ample space for various commercial and industrial uses. This exceptional location offers easy access and visibility, making it an attractive opportunity for businesses seeking secure and convenient storage solutions.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $2,795,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $3,758,000
      Market price range: $3.76M - $11.5M
      AI Estimate
      $3,758,000
      Market price range: $3.76M - $11.5M

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


    Location Insight

    • Map
    • Local Demand
    City
    Chattanooga
    County
    Hamilton
    State
    Tennessee
    Longitude
    -85.3204
    Latitude
    34.9976
    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
    $15,686
    $0.00
    $0.00
    $701,120
    -
    $477,500
    $1,275,300
    $1,752,800
    View Listing
    More about this property
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