8037 Standifer Gap RdChattanooga, TN 37421
- Industrial properties
- 3,136 SF
Property Details for 8037 Standifer Gap Rd
- Year built
- 2008
- Lot size
- 1.40 AC
- Property size (Sq ft)
- 3,136 SF
- Zone code
- C3
- Property type
- Industrial properties
- Property subtype
- Other warehouses
- APN
- 149 011.02
- APU
- 14901102
Description
This exceptional Class A industrial property, located at 8037 Standifer Gap Rd, Chattanooga, TN 37421, presents a lucrative investment opportunity. The 8,000 square foot warehouse sits on a 1.781-acre lot and features a two-story building constructed of metal. The property boasts 8,000 square feet of net rentable space, currently 100% occupied under a gross lease with multiple tenants. The asking price is $1,595,000, with cash or conventional financing options available. The building offers a versatile layout, including approximately 1,000 square feet of office space. The warehouse features a ceiling height ranging from 9 to 12 feet and is equipped with HVAC. The downstairs area is currently fully leased, with a contract under negotiation to fully occupy the remaining upstairs space. The current monthly rent is $9,350. The property is zoned for commercial use and presents a strong, stable income stream. This is a rare opportunity to acquire a high-quality, fully occupied warehouse in a desirable Chattanooga location. The property's flexible layout and strong tenant occupancy make it an ideal investment for both seasoned and new investors. The property is situated in Hamilton County and is easily accessible.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $759,198
- Hospitality
- $695,421
- Educational
- $578,582
- Medical
- $598,481
- Retail
- $900,017
Location Insight
- City
- Chattanooga
- County
- Hamilton
- State
- Tennessee
- Latitude
- 35.0436
- Longitude
- -85.1165
- CBSA code
- 16860
- CBSA name
- CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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