5,394 SF Commercial Building on 2.19 Acres | C-3 Zoning
Versatile Commercial Shop with Yard Space Ideal for Contractors, Automotive, and Equipment Operation
Marketing description
Contractor Yard + 5,000 SF Shop | 2.19 Acres | 10%+ Pro Forma Cap Potential | Chattanooga Area
This commercial shop + yard property offers a rare opportunity for both owner-users and investors seeking a functional facility with strong income potential in the Chattanooga market.
Located in Rossville, GA just minutes from downtown Chattanooga, the property features a 5,000 SF (50×100) spray-foam insulated building with multiple grade-level roll-up doors, allowing trucks, trailers, and equipment to drive directly inside.
The site sits on 2.19 acres with a large graveled, gated yard, making it ideal for contractor yard use, towing operations, automotive services, equipment storage, fleet parking, or light industrial operations.
An additional 24×24 metal storage building with a roll-up door provides extra space for tools, materials, or secure storage.
The property also has access to three-phase power (per seller), supporting fabrication, welding, or industrial users.
Investment Highlights
- Projected lease rate: $7,500 – $9,500/month NNN
- Projected annual income: $90,000 – $114,000
- Estimated NOI: $81,000 – $102,600
- Pro forma cap rate: ~8.5% – 10.8%
- Strong demand for contractor yard / IOS properties
- Limited supply of yard + shop combinations in the market
Financials are pro forma estimates based on current market lease data.
Owner-User Opportunity
For owner-users, this property offers a turnkey setup with:
- Functional shop space and office
- Multiple drive-in doors for easy workflow
- Large yard for operations and storage
- Flexible C-3 zoning supporting a wide range of uses
- Room for expansion
Key Features
- 2.19 Acres
- 5,000 SF Commercial Building
- Spray-Foam Insulated
- Multiple Grade-Level Doors
- Large Graveled Yard
- Gated Access
- 24×24 Storage Building
- C-3 Commercial Zoning
- Three-Phase Power Available (per seller)
Asking Price
$950,000
Contact
Nathan Stoker
423-619-4788
Investment highlights
Property Overview
- Purchase Price: $950,000
- Building Size: 5,394 SF
- Land: 2.19 Acres
- Zoning: C-3 Commercial
- Property Type: Flex Industrial / Contractor Yard
Income Potential (Pro Forma)
Conservative Scenario
Monthly Rent: $7,500
Annual Rent: $90,000
Estimated NOI: $81,000
Cap Rate: 8.5%
Market Scenario
Monthly Rent: $9,000
Annual Rent: $108,000
Estimated NOI: $97,200
Cap Rate: 10.2%
Strong Scenario
Monthly Rent: $9,500
Annual Rent: $114,000
Estimated NOI: $102,600
Cap Rate: 10.8%
NOI assumes approximately 10% vacancy/expenses.
Investment Highlights
- Projected 9%–10%+ cap rate potential
- Suitable for NNN lease structure
- Strong demand for contractor yard / IOS properties
- Combination of shop space + yard is limited in market
- 2.19 acres provides expansion or redevelopment potential
- Located minutes from Chattanooga MSA
- Flexible C-3 zoning supports a wide variety of uses
- Prior approvals for towing, automotive, and building sales
Value Drivers
- Large graveled yard (highly desirable for contractors & equipment operators)
- Multiple grade-level roll-up doors
- Spray-foam insulated building
- Three-phase power available (per seller)
- Gated and secure site
- Additional 24×24 storage building
Ideal Tenant / Buyer Profile
- Contractor / construction companies
- Towing operations
- Automotive repair or sales
- Equipment rental or service companies
- Fabrication / welding shops
- Fleet-based businesses
Investment Positioning
This property offers a unique opportunity for both:
- Owner-users seeking a functional, ready-to-use facility
- Investors pursuing strong yield with lease-up potential
The combination of building improvements, yard space, and flexible zoning positions the asset well within the growing Industrial Outdoor Storage (IOS) sector.
Important Note
All financial figures are pro forma estimates based on current market lease data and are subject to verification.
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