Jacobs Avenue

Office for Sale
Catylist Listing ID: 30265982
Property Subtypes: Mixed Use, Office Building
Building Size (RSF): 15,000 SF
Gross Land Area: 0.70 Acres
Sale Price: $175,000
Unit Price: $11.67 PSF
Ceiling: 12 ft.
Property Use Type: Investment
Building Name: Jacobs Avenue
Class of Space: Class D
Usable Size (USF): 15,000 SF
Sale Terms: Cash to Seller
Cap Rate: 8.0%
Average Occupancy Rate: 95
Last Updated: 12/5/2018

Overview / Comments

Offices, manufacturing, and general purpose... With approx. 15,000 Sq ft of possible use, this building is a blank canvas for any investor looking for space in an excellent location. This building provides adequate front and rear parking, and an additional elevated rear loading dock. Don't miss out on this excellent opportunity.

Additional Details

Nearest MSA: Cleveland
County: Bradley
Taxing Authority: Bradley County
Tax ID/APN: 057GD014.00
Zoning: LI
Property Located Between: APD #40 and South Lee Highway
Property Visibility: Fair
Highway Access: APD #40 to I-75
Airports: Within 10 miles
Site Description: Free Standing Building
Area Description: Free Standing Building
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 15,000 SF
Year Built: 1950
Roof Type: Flat
Construction/Siding: Brick, Metal/Glass
Exterior Description: Older building with adequate parking. Could use some updates for maximum return on investment.
Parking Type: Surface
Parking Description: Approximately 30 parking spaces
Total Parking Spaces: 30
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Other
Internet Access: Cable
Interior Description: Older building with multiple tenants. Could use updating for maximum return on investment.
Zoning Description: Zoned light industrial. Great for industrial uses or multiple rental.
Lot Frontage: 200
Lot Depth: 150
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Fee Simple
Legal Description: Tax ID# 057G-D-014.00

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,482 42,267 64,600
Median Age: 31 36.18 37.03
Households: 1,911 16,491 25,011

Contact

Photograph of Listing Agent

Max Phillips

Crye-Leike, REALTORS Greater Chattanooga REALTORS® Member
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