4001 Calhoun Ave Chattanooga, TN 37407-2536
This Chattanooga, TN industrial property offers 11,000 square feet of versatile space on a one-acre fenced lot. Built in 1992, the building features 18' to 20' ceilings, five large drive-in doors (14'x14', two 12'x14', and two 12'x12'), and ample 3-phase 480-volt power. The property includes renovated offices with two restrooms, a breakroom/kitchen, and new HVAC units. Currently configured for two separate suites (3,500 SF and 7,500 SF), each with its own entrance, warehouse space, offices, and restrooms, it's ideal for multiple tenants or a single occupant needing significant space. A short-term tenant occupies 3,500 SF, offering flexibility for immediate occupancy of the remaining 7,500 SF, or the entire 11,000 SF after the short-term lease expires in six months. The property's previous use as a machine shop and current use as a custom car/large truck repair shop highlights its adaptability. The M-1 zoning and location at 4001 Calhoun Ave, Chattanooga, TN 37407, make this a prime industrial opportunity. The property is not located in a flood zone. Additional features include new LED lighting, two warehouse fans, and an air compressor (available for purchase). The property's layout and features make it suitable for manufacturing, flex, or general warehouse uses.
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Baxter Auto LLC Auto Repair Shop
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
R2 · Chattanooga, TNCosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.