Factory Street Acreage For Sale

Industrial for Sale
Catylist Listing ID: 30579470
Property Subtypes: Manufacturing, Light Industrial, Self Storage, Warehouse/Distribution, Other
Building Size (RSF): 6,000 SF
Sale Price: $1,213,000
Unit Price: $202.17 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/4/2020

Overview / Comments

This property consists of 7 parcels to create a combined 4.02 Acres in Ooltewah's industrial district. Majority of the land is zoned M-1, some is R-2. 2 warehouses exist on the large Factory Street parcel, which is level, parcel, and neighbors the railroad. A few of the lots on Mulberry & High Street have small homes that will need to be removed. Value is in the land.
Endless possibilities when this land is combined and developed.

Attachments & Media

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: Hamilton County
Tax ID/APN: 132I B 022, 132I B 012, 132I B 013, 132I A 001, 132I A 001.01, 132I A 009, 132I A 010
Zoning: M1 & R2
Property Located Between: Main Street and High Street
Highway Access: Minutes to I75.
Airports: Chattanooga Metropolitan Airport
Site Description: Site consists of large commercial lot, 2 large warehouses, and 5 residential lots, and 1 vacant land lot.
Area Description: Surrounded by light industrial.
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 2
Property Condition: Fair
Parking Type: Surface
Zoning Description: M1 and R2
Land Ownership: Multiple Owners

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,012 23,203 59,872
Median Age: 36.38 38.04 39.77
Households: 824 8,073 21,876


Photograph of Listing Agent

Robert Wilson

Keller Williams Realty Greater Chattanooga REALTORS® Member
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