6130 Preservation Dr Chattanooga, TN 37416-3600
- Warehouses
- 41,931 SF
- 2.51 lot acres
Current Use by Public Records
- PSADEALS / Discount Store / Consignment Shop
- Anand Global / Metal Supplier
Property Details for 6130 Preservation Dr
- Year built
- 1989
- Lot size
- 2.51 lot acres
- Property size
- 41,931 SF
- Property type
- Warehouses
- APN
- 129K B 034
- APU
- 129KB034
Description
This exceptional industrial property, totaling 41,931 square feet, presents a significant investment opportunity. Situated on a 2.5-acre lot in the Bonny Oaks Industrial and Office Park, this property boasts high visibility on Bonny Oaks Drive, with convenient access to Highway 153 and Interstate access. The property comprises two connected buildings, offering a flexible layout. Building #1, approximately 25,200 square feet (per tax records), features a 26-foot ceiling height, one loading dock, one dock-high door, and two drive-in doors. It includes executive offices with a shower and restrooms in both the office and warehouse areas. Building #2, approximately 16,731 square feet (per tax records), also has a 26-foot ceiling height and offers two separate office areas, each with its own entry. Both buildings are insulated and heated by natural gas ceiling-mounted heaters. The property has a total of 45 parking spaces and a 300+ foot frontage. The electrical system includes 3-phase, 120/240-volt, 200-amp service with split panels. Water and electric are metered for both buildings, while gas is metered separately. The property is zoned M-2 (Light Industrial), with a proposed zoning change to I-L (based on the Zoning Equivalency Table). The property is located within three miles of the Volkswagen Chattanooga plant, making it an ideal location for suppliers. The seller will consider leasing one building separately at a higher price per square foot. Buyer to perform due diligence to confirm all specifications. APN: 129K B 034.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,691,000
- AI Estimate
- $2,691,000
Market price range: $2.69M - $5.51MMarket price range: $2.69M - $5.51M -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $3,080,000 Current use
- INDUSTRIAL (GENERAL)
- $2,615,000 Change: -15% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Chattanooga
- County
- Hamilton
- State
- Tennessee
- Longitude
- -85.1854
- Latitude
- 35.0744
- CBSA code
- 16860
- CBSA name
- CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA