601 Cumberland St Chattanooga, TN 37404-1922
- Manufacturing properties
- 157,534 SF
- 8.59 lot acres
Current Use by Public Records
- Sphere One / Industrial Manufacturer / Production Facility
- Christine Rossi / Foster Care Service / Social Service Agency
- Kace Crawford / Psychotherapist
- Shelia G. Hanner, MSN / Registered General Nurse / Nurse Practitioner
- Kenneth Hunnicutt / Physician
Property Details for 601 Cumberland St
- Year built
- 1968
- Lot size
- 8.59 lot acres
- Property size
- 157,534 SF
- Zone code
- M1
- Property type
- Manufacturing properties
- APN
- 136O C 005
- APU
- 136OC005
Description
This Chattanooga, TN industrial property at 601 Cumberland St offers 28,523 square feet of versatile space, perfect for warehouse, distribution, flex, or manufacturing uses. The property, zoned M-1, consists of three buildings (I, J, & K) totaling 28,523 square feet, currently available as a single tenant space. Buildings I & J comprise 12,279 square feet, while Building K offers 16,244 square feet. Built in 1997, the single-story buildings boast ceiling heights ranging from 18 to 21 feet. The property includes four loading docks, two dock-high doors, and two drive-in doors, ensuring efficient loading and unloading. Ample parking is provided with 20 spaces. The electrical service is 208/120 Volt - 300 Amp 3 Phase. Approximately 3,982 square feet of office space is included, featuring seven private offices, a large conference room, breakroom, lab area, and a large workroom. The property also benefits from a fire sprinkler system. Conveniently located near three major hospitals (Erlanger, CHI Memorial, and Parkridge) and offering easy access to downtown Chattanooga via Holtzclaw Ave, this property presents a unique opportunity for businesses seeking a strategic location and functional industrial space. The property tax cost per square foot is $0.67. The APN is 136O-C-005. This is a single-tenant property.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $13,195,000
- 6.5%
- $12,180,000
- 7%
- $11,310,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $9,945,000
- AI Estimate
- $9,945,000
Market price range: $3.39M - $15.8MMarket price range: $3.39M - $15.8M -
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $9,825,000 Current use
- RETAIL STORES
- $19,140,000 Change: +95% Conversion: Moderate
- COMMERCIAL (GENERAL)
- $18,695,000 Change: +90% Conversion: Difficult
- WAREHOUSE, STORAGE
- $10,450,000 Change: +6% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Chattanooga
- County
- Hamilton
- State
- Tennessee
- Longitude
- -85.2788
- Latitude
- 35.048
- CBSA code
- 16860
- CBSA name
- CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA