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Property profile & analytics
OFF-MARKET Estimated value $880,000
Warehouses

4001 Calhoun Ave Chattanooga, TN 37407-2536

10,972 SF 1.03 ac lot Built 1992
Individually Owned 1-yr Hold ~ Est. High Equity
Property ID
US80-0777419
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1992
Total area 10,972 SF
Lot 1.03 ac (44,867 SF)
Zoning code R2
APN 168H H 003
UPID US80-0777419
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
  • Baxter Auto LLC Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$826k
Blend (final) Blend
$880k
Owner & transaction history
Jose Del Valle · 1 yrs held
Jose Del Valle
since 2024
Last sale
$935,000
3 recorded transactions
2024
$935,000
2019
$350,000
2003
$204,000
Zoning & alternative use
R2 · Chattanooga, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source code of ordinances
Top alternative use upside
Retail stores $1.3M +122.6%
Commercial (general) $685,000 +14.7%
Industrial (general) $685,000 +14.2%
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