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Property profile & analytics
OFF-MARKET
Warehouses

3816 Cummings Hwy Chattanooga, TN 37419-2202

8,304 SF 1.34 ac lot Built 1989
Entity Owned Absentee Owner ~ Est. High Equity
Property ID
US80-1078560
Property summary
AI-generated overview

This exceptional 6,000 square foot mixed-use commercial building, situated on a one-acre lot at 3816 Cummings Highway in Chattanooga, Tennessee, presents a unique investment opportunity. Built in 1989, the property boasts a desirable C-2 zoning designation, offering versatility for a range of commercial uses. The building features impressive 16-foot ceilings, providing ample space and potential for creative adaptations. Its strategic location in Lookout Valley offers excellent access and visibility, with proximity to downtown Chattanooga and the burgeoning Black Creek Development. The level lot ensures ease of access and potential for expansion or additional development. Priced at $1,500,000, or $250 per square foot, this property represents a compelling value proposition for investors seeking a well-located, adaptable commercial space with significant upside potential. The former McBryar's Lumber Company building offers a solid foundation for a variety of businesses, capitalizing on its prime location and substantial square footage. This is a rare opportunity to acquire a substantial commercial property in a rapidly growing area of Chattanooga. The property's size and zoning provide flexibility for a wide range of commercial ventures.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1989
Total area 8,304 SF
Lot 1.34 ac (58,370 SF)
Zoning code C2
APN 154 001.01
UPID US80-1078560
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
by Request
Blend (final) Blend
by Request
Owner & transaction history
Valley Land Co LLC · 2 yrs held
Valley Land Co LLC
since 2024
1 recorded transaction
1969
Price N/A
Zoning & alternative use
C2 · Chattanooga, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source code of ordinances
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