Industrial/Flex Building with Visibility on I-75

Industrial for Sale
Sale Pending/Contingent
Also listed as Retail-Commercial
Catylist Listing ID: 30412143
Property Subtypes: Flex Space, Free-Standing, Industrial-Business Park, Mixed Use, Light Industrial, Truck Terminal
Status: Pending/Contingent
Building Size (RSF): 8,260 SF
Gross Building Area: See Agent
Gross Land Area: 3.11 Acres
Sale Price: $795,000
Unit Price: $96.25 PSF
Ceiling: 16 ft. Clear
Docks/Doors: 4 Doors
Office SF: 800 SF
Drive In Bays: 4 Bays
Property Use Type: Vacant/Owner-User
Building Name: Discount Metal Roofing
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/17/2019

Overview / Comments

Industrial/Flex space with acreage and visibility to over 62,000 vehicles per day on I-75. 1 acre +/- is currently developed and consists of gravel parking and two flex/storage buildings. 2 acres +/- are available for further development to accommodate additional outdoor yard storage, abundant parking for trucks/trailers, or construction of additional flex/storage buildings.

The main building is approximately 4,900 SF with 800 SF conditioned office. The office area includes a sales counter, one office, a single stall restroom, and a utility room. The building is a "pole barn" structure with a concrete foundation, heavy timber posts, and metal trusses, with metal roofing and siding. Approximately 12' clearance at the eaves and 16' clearance at the center. There are two, wide, sliding on-grade loading doors.

The equipment storage shed is approximately 3,360 SF.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: Hamilton County
Tax ID/APN: 123 009.09
Zoning: M-2
Highway Access: 2.1 Miles North of Lee Hwy / Exit 11 at Interstate 75
Site Description: Level Site. 1 acre +/- is currently developed and consists of gravel parking and two flex/storage buildings. 2 acres +/- are available for further development to accommodate additional outdoor yard storage, abundant parking for trucks/trailers, or land for construction of additional flex/storage buildings.
Area Description: The property is surrounded by a mix of Retail, Office, and Flex uses.
Tenancy: Single Tenant
Total Number of Buildings: 2
Property Condition: Good
Year Built: 2004
Roof Type: Gable
Construction/Siding: Metal Siding, Wood Frame
Parking Type: Surface
Eave Height: 12
Column Spacing: Clear Span
Sprinklers: None
Zoning Description: The property is zoned M2: Wholesale and Light Industry District. The district is intended for a moderate range of light manufacturing, wholesale, and retail uses. Approved Potential Uses Include (not limited to): • Industrial office/flex space • Light Manufacturing • Cabinet/Woodworking Shop • Sheet Metal Fabrication/ Welding Shop • Contractor’s Storage Yard • Warehousing • Retail sales • Used car sales lot • Trucking depot
Water Service: Municipal
Sewer Type: Municipal
Easements Description: There is a 10 Ft Sanitary Sewer Service Lateral Easement, as recorded in Deed Bk 9957 Pg456.
Legal Description: Lot No. Six (6), on the plan of Frank Trundle Subdivision, as shown by final plat of record in Plat Book 74, Page 20.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,713 17,524 40,144
Median Age: 44.09 39.46 40.59
Households: 1,719 6,519 14,695

Contact

Photograph of Listing Agent

Jason A Lehn

Herman Walldorf Commercial Greater Chattanooga REALTORS® Member
Photograph of Listing Agent

John Sweet

Herman Walldorf Commercial Greater Chattanooga REALTORS® Member
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