308 47Th StChattanooga, TN 37410

Property Details for 308 47Th St

Year built

1940

Lot size

44.50 AC

Property size (Sq ft)

107,772 SF

Zone code

M1

Property type

Industrial properties

Property subtype

Other warehouses

APN

167F A 001

APU

167FA001

Description

Prime commercial and industrial land for lease near St. Elmo, offering two distinct parcels ideal for storage or drop yard operations. Parcel 1 encompasses 2.7 acres, featuring a fully paved surface, complete perimeter fencing, and three gated entrances for convenient access and security. Parcel 2, measuring 1.7 acres, is a gravel lot also fully fenced, situated directly adjacent to Parcel 1. Both parcels are available for lease individually or together, at a rate of $1,500 per acre per month. Crucially, these lots cannot be further subdivided. Lease terms are structured for a 12-month period, with a mutual six-month option for extension. An existing vacant office building on the property is not included in the lease agreement for these lots but is available for separate negotiation. The property's APN numbers are 167F A 001 and 167F B 016. The combined acreage available totals between 1.7 and 4.7 acres, providing ample space for various commercial and industrial uses. This exceptional location offers easy access and visibility, making it an attractive opportunity for businesses seeking secure and convenient storage solutions.

• Alternative Use

  Use

  Valuation

  Residential

  $26,090,646

  Hospitality

  $23,898,892

  Educational

  $19,883,598

  Medical

  $20,567,426

  Retail

  $30,930,040

Location Insight

City

Chattanooga

County

Hamilton

State

Tennessee

Latitude

34.9976

Longitude

-85.3204

CBSA code

16860

CBSA name

CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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