Prime Riverfront Industrial Land with Shipping Facility

Industrial for Sale
Catylist Listing ID: 30554741
Property Subtypes: Free-Standing, Industrial-Business Park, Manufacturing, Light Industrial, Warehouse/Distribution
Building Size (RSF): 20,000 SF
Gross Building Area: See Agent
Gross Land Area: 17.20 Acres
Sale Price: $4,000,000
Unit Price: $200 PSF
Docks/Doors: 7 Docks
Drive In Bays: 2 Bays
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/20/2020

Overview / Comments

Prime, riverfront industrial property available for purchase.

Ideally located in Centre South Riverport Industrial Park just off Amnicola Highway, this level, 17.2 +/- acre property has approximately 570 feet of frontage on the Tennessee River.

The 20,000+/- SF facility was built in 2017 and is currently used for shipping. It features a large inside space for staging, plus an open air, covered loading area with 7 docks, along with a well-appointed office. This property offers numerous opportunities to add-on or redevelop and there is significant value in the land only.

Centre South, zoned M-1, has access to both barge and rail. Parker Towing Company is the operator for the 2,400 foot barge fleeting area for the public use cargo docks. Norfolk Southern is the rail provider. Additionally, this central location allows for easy truck access from Interstates 24, 59, and 75.

Existing tenants in the park include NA Industries, Inc., LJT Tennessee, METALS USA-Chattanooga, Hamilton Plastics, Sofix Corporation, and Westinghouse.

*Buyer to verify lot and building square footages.*

Attachments & Media

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 127K A 001.16
Zoning: M-1
Highway Access: Easy access to Interstates 24, 59, and 75
Rail Access: Yes
Airports: Chattanooga
Site Description: Mostly level, riverfront lot. Approximately 575 feet of frontage on the Tennessee River.
Area Description: Industrial park setting, surrounded by a variety of manufacturing users.
Tenancy: Single Tenant
Total Number of Buildings: 1
Property Condition: Excellent
Year Built: 2017
Roof Type: Flat
Construction/Siding: Aluminum Siding
Parking Type: Surface
Eave Height: 24
Column Spacing: 20'10"
Internet Access: Cable, Fiber Optic
Zoning Description: M-1: Intended for a wide range of intensive manufacturing uses.
Lot Frontage: 270
Lot Depth: 1760
Water Service: Municipal
Sewer Type: Municipal, Storm

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,067 57,778 130,171
Median Age: 46.63 36.42 37.53
Households: 869 24,412 55,323

Contact

Photograph of Listing Agent

Andrew D Holt

Healy & Company, LLC Greater Chattanooga REALTORS® Member
Photograph of Listing Agent

John R Healy

Healy & Company, LLC Greater Chattanooga REALTORS® Member
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