4001 Calhoun Ave Chattanooga, TN 37407-2536
- Warehouses
- 10,972 SF
- 1.03 lot acres
Sep 06, 2024
Current Use by Public Records
- Baxter Auto LLC / Auto Repair Shop / Auto Body Shop
Property Details for 4001 Calhoun Ave
- Year built
- 1992
- Lot size
- 1.03 lot acres
- Property size
- 10,972 SF
- Zone code
- R2
- Property type
- Warehouses
- APN
- 168H H 003
- APU
- 168HH003
Description
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.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $826,000
- AI Estimate
- $826,000
Market price range: $225k - $888kMarket price range: $225k - $888k -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $600,000 Current use
- RETAIL STORES
- $1,335,000 Change: +123% Conversion: Moderate
- COMMERCIAL (GENERAL)
- $685,000 Change: +15% Conversion: Difficult
- INDUSTRIAL (GENERAL)
- $685,000 Change: +14% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Chattanooga
- County
- Hamilton
- State
- Tennessee
- Longitude
- -85.2929
- Latitude
- 34.997
- CBSA code
- 16860
- CBSA name
- CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA