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Property profile & analytics
FOR LEASE
Manufacturing properties

601 Cumberland St Chattanooga, TN 37404

157,534 SF 8.59 ac lot Built 1968
Entity Owned Free & Clear
Property ID
US80-1502159
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1968
Total area 157,534 SF
Lot 8.59 ac (374,180 SF)
Zoning code M1
APN 136O C 005
UPID US80-1502159
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
  • 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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$12.18M
Comparable Approach Comparable
$9.95M
Blend (final) Blend
$12.60M
Owner & transaction history
Albany Road 601 Cumberland LLC
Albany Road 601 Cumberland LLC
since 2026
Last sale
$15.5M
7 recorded transactions
2026
$15.5M
2022
Price N/A
2022
$4.4M
2021
$400,000
2001
$550,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
M1 · Chattanooga, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $19.1M +94.9%
Commercial (general) $18.7M +90.3%
Warehouse, storage $10.5M +6.4%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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