481 45Th StChattanooga, TN 37410

  • Industrial properties
  • 46,863 SF
For Lease
$7/SF/YR View listing

Property Details for 481 45Th St

Year built
1964
Lot size
1.54 AC
Property size (Sq ft)
46,863 SF
Zone code
M1
Property type
Industrial properties
Property subtype
Other warehouses
APN
167C K 019.01
APU
167CK01901

Description

This exceptional 14,000-square-foot warehouse, situated on 1.5 acres in Chattanooga, Tennessee, offers a prime location just miles from downtown and interstate access. The property boasts M-1 zoning, ideal for manufacturing, flex, distribution, R&D, or other industrial uses. The warehouse features four loading docks and two drive-in bays, ensuring efficient loading and unloading operations. Ample parking is provided with 20 spaces. Inside, discover approximately 250 square feet of recently remodeled office space, complete with new flooring and paint. The warehouse itself offers a ceiling height of approximately 24 feet and a substantial concrete floor, contributing to temperature stability year-round. The property benefits from ongoing maintenance and recent improvements, including new blacktop in the parking area. This well-maintained building stands as a testament to quality construction, offering a safe and productive work environment for employees. Its strategic location near the Southeast's light manufacturing hub presents a compelling opportunity for businesses seeking a durable and well-equipped space at a competitive price. The building's robust construction contrasts favorably with newer, all-metal structures. A viewing is highly recommended to fully appreciate the quality and value this property offers. The total building size is 46,000 square feet, and the property is offered as a single-tenant space.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $11,345,117
    Hospitality
    $10,392,066
    Educational
    $8,646,077
    Medical
    $8,943,429
    Retail
    $13,449,454
481 45Th St, Chattanooga, Tennessee

Location Insight

City
Chattanooga
County
Hamilton
State
Tennessee
Latitude
35.0028
Longitude
-85.3178
CBSA code
16860
CBSA name
CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,259
-
-
$190,360
-
$76,000
$399,900
$475,900

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