Catylist ID:
#30756279
44+ acres of M-1 land in Chattanooga
Industrial
for Sale
Sale Pending
| Catylist Listing ID: | 30756279 |
| Property Subtypes: | Industrial-Business Park, Manufacturing, Light Industrial, Warehouse/Distribution |
| Status: | Pending |
| Building Size (RSF): | 6,000 SF |
| Gross Building Area: | See Agent |
| Gross Land Area: | 44 - 45 Acres |
| Sale Price: | $2,890,000 |
| Unit Price: | $481.67 PSF |
| In Opportunity Zone? | Yes |
| Property Use Type: | Business |
| Building Name: | Acme Brick |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 6/24/2022 |
Overview / Comments
|
This property is back on market! Former ACME Brick manufacturing plant just 4.5 miles to Downtown Chattanooga. 44+/- acres can be redeveloped for manufacturing or possibly re-zoned for multi-family development. This property includes 2 office buildings. Main office is two floors, 6,236 SF and was built in 1999. The second office is 1,754 SF and not currently being used. Large building in rear of property has over 100,000 SF under roof. Buyer to verify acreage, building sizes and all other information. Ability to be rail served Property located in Opportunity Zone Utilities including water, sewer, gas, internet, phase 3 power, Not in 100 or 500-year floodplain |
Attachments & Media
Additional Details
| Nearest MSA: | Chattanooga |
| County: | Hamilton |
| Taxing Authority: | Chattanooga |
| Tax ID/APN: | 033167F A 00100P000 |
| Zoning: | M-1 |
| Property Located Between: | St. Elmo and Alton Park |
| Highway Access: | Just 2.5 miles from Highway 24 |
| Rail Access: | Yes |
| Airports: | Chattanooga Airport |
| Site Description: | Land situated east of historic St. Elmo with wooded lot on sloping terrace in Alton Park area. Large flat area with covered sheds, plenty of parking and storage on paved lot makes this an ideal location for industrial services/operations. |
| Tenancy: | Single Tenant |
| Total Number of Buildings: | 3 |
| Number of Stories: | 2 |
| Property Condition: | Fair |
| Construction/Siding: | Brick |
| Exterior Description: | Main office is a metal building with a brick facade. Secondary brick building is right next to main office. Free standing manufacturing building/shed is located behind these buildings. |
| Parking Type: | Surface |
| Parking Description: | Main office parking has 10 spots for visitors while manufacturing facility behind it has plenty of room for tractor trailers or storage. Very large lot. |
| Sprinklers: | None |
| X-Phase: | 208 x 3-phase |
| Heat Type: | Electricity |
| Heat Source: | Central |
| Air Conditioning: | Package Unit |
| Lighting: | Fluorescent |
| Interior Description: | Very nice 6,000 SF+- office area currently being leased by Acme Brick. |
| Zoning Description: | M-1 land suited for heavy manufacturing but could be ideal for multi-family or single resident development if re-zoned residential. |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
| Easements: | Other |
| Easements Description: | Rail spur serves site. |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 5,941 | 46,981 | 114,194 |
| Median Age: | 33.64 | 34.33 | 36.59 |
| Households: | 2,508 | 17,551 | 46,297 |
Contact
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