Ooltewah Light Industrial for Sale

Industrial for Sale
Catylist Listing ID: 30624552
Property Subtypes: Free-Standing, Manufacturing, Light Industrial, Self Storage, Warehouse/Distribution
Building Size (RSF): 53,890 SF
Gross Building Area: See Agent
Gross Land Area: 3.40 Acres
Sale Price: $2,500,000
Unit Price: $46.39 PSF
Property Use Type: Vacant/Owner-User
Building Name: Dynatronics
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/22/2020

Overview / Comments

At nearly 54,000 SF, this light manufacturing and warehouse facility is located in the fast-growing Ooltewah submarket of Chattanooga. Situated on Mountain View Road, it's approximately 5 miles east of the Volkswagen plant and about 1.5 miles from Exit 11 on I-75. It features a recently updated office area plus multiple warehouse spaces used for production and shipping. The property has ample power, multiple on grade doors, and 4 dock high doors.

The 3 main production and shipping areas are clear span space and
have the following approximate dimensions:

1) 75' wide X 150' deep; 11' clear at the eave, 15' in the center
2) 90' wide X 200' deep; 15' clear at the eave, 19' in the center
3) 90' wide X 110' deep; 15' clear at eave, 19' in the center

*Buyer to verify building square footage, lot size, and zoning.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 123 008.04
Zoning: M-2
Property Located Between: Production Lane and Transport Lane
Highway Access: Interstate 75
Area Description: Just off I-75, surrounded by other light industrial users.
Tenancy: Single Tenant
Property Condition: Good
Construction/Siding: Aluminum Siding, Metal Siding
Parking Type: Surface
Zoning Description: M-2; Wholesale and Light Industry District, intended for a moderate range of light manufacturing, wholesale, and retail uses.
Lot Frontage: 491
Lot Depth: 345
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,895 17,847 47,617
Median Age: 46.08 39.51 40.07
Households: 702 6,639 17,118

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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