Heavy Industrial Manufacturing Facility - 3033 Alton Park Blvd.

Industrial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30713596
Property Subtypes: Free-Standing, Manufacturing, Warehouse/Distribution
Status: Pending/Contingent
Building Size (RSF): 119,346 SF
Gross Land Area: 8.79 Acres
Sale Price: $4,500,000
Unit Price: $37.71 PSF
Ceiling: 45 ft. / 35 ft. Clear
Docks/Doors: 5 Doors
Office SF: 7,300 SF
Drive In Bays: 5 Bays
In Opportunity Zone? Yes
Property Use Type: Net Leased Investment (NNN)
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/21/2021

Overview / Comments

119,346 SF +/- Heavy Industrial / Manufacturing facility with Heavy Electrical and Seven (7) overhead cranes up to 34 ton capacity. Located at 3033 Alton Park Blvd minutes from downtown Chattanooga, Tennessee and directly off I-24. The surrounding area has a long industrial history because of proximity and easy access to rail, the Tennessee River, Central Business District and interstate system. Owner will consider a possible Sale / Leaseback. Listing Price is subject to change pending an ongoing appraisal.

Property Features:
Highly Secured with Electric & Barb Wire Fence and Security Cameras
Lighting – 500 Metal Halite & High Fluorescent
Ground Level Doors – 5
Ceiling Height – 25’ Eve/35’ & 45” Max
Column Spacing – 20’
Restrooms - 4 and a locker room
Water Line – 6”
Possible Rail Access
Power – 1500kVA, 480v, 2500w, 575 amp, 3 & 6 Phase (Heavy Electrical).
Truck Scale – 60’ with 125,000 lb capacity
Cranes –(2) 5 tons; (4) 10 tons; (1) 34 ton with 5 ton aux. & 30’ under-hook

Listing Price is subject to change pending an ongoing appraisal. Listing information is provided by Owner and public sources and is deemed reliable but not guaranteed. Listing agent has not measured the space / building and does not guarantee the accuracy of the number of square feet or acreage. It is the Buyers responsibility to confirm and verify all property information including but not limited to, the Environmental condition, Square Footage and Acreage measurements, Size of utilities, condition of the Property and Equipment, etc., All Showings are strictly by appointment only. Contact the Listing Agent to schedule any showings.

The information contained herein was obtained from sources we consider reliable; however, we cannot be responsible for errors, omissions, prior sales, withdrawals from the market, or change in price. No representation or warranty as to the environmental or physical condition of the property and/or equipment is made, and purchaser’s independent investigation and due diligence is strongly recommended.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: Hamilton County
Tax ID/APN: 0155F D 001.02
Zoning: M-1
Highway Access: Interstate I-24
Rail Access: Yes
Airports: Chattanooga Airport
Site Description: Approx. 8.79 Acres at 3033 Alton Park Blvd. close to Interstate 24. Near downtown Chattanooga.
Area Description: Surrounded by various industrial buildings. Easily accessible from Alton Park Blvd. and I-24.
Tenancy: Single Tenant
Total Number of Buildings: 1
Property Condition: Good
Year Built: 1970
Year Renovated: 2008
Roof Type: Gable
Construction/Siding: Metal Siding
Parking Type: Surface
Eave Height: 25
Column Spacing: 20'
Overhead Cranes: 7
Amps: 3,000
Volts: 480
X-Phase: 3-Phase
Lighting: Fluorescent, Metal Halide
Internet Access: Gigabit
Interior Description: Heavy Manufacturing Industrial with Heavy Electrical and Seven (7) overhead cranes.
Zoning Description: M-1 Industrial
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Fee Simple

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,350 53,266 124,403
Median Age: 34.31 34.58 36.6
Households: 1,447 20,496 50,846

Contact

Photograph of Listing Agent

Russell P Elliott

Pointe Commercial Real Estate Greater Chattanooga REALTORS® Member
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