East Tennessee Opportunity

Industrial for Sale
Catylist Listing ID: 30807816
Property Subtypes: Flex Space, Free-Standing, Manufacturing, Mixed Use, Light Industrial, Research & Development, Self Storage, Warehouse/Distribution
Building Size (RSF): 32,500 SF
Gross Land Area: 5.90 Acres
Sale Price: $2,800,000
Unit Price: $86.15 PSF
Ceiling: 40 ft.
Office SF: 500 SF
Drive In Bays: 2 Bays
Property Use Type: Investment
Building Name: Ask listing agent
Usable Size (USF): 32,500 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/29/2022

Overview / Comments

This offering includes approximately 5.9 acres of flat Industrial zoned land, a 32,500 sf heated building with 40' center ceilng height, and several pad ready building sites.

Because there is an ongoing business, please contact the listing agent regarding showings and possible operation of the business (this is not a requirement of the sale).

Attachments & Media

Additional Details

Nearest MSA: Knoxville
County: Knox
Taxing Authority: Knox County
Tax ID/APN: 090 12308
Zoning: INDUSTRIAL
Property Located Between: Middlebrook Pike and Oak Ridge Highway
Site Description: The property is flat with a corner portion encumbered by power lines. No structures can be built in this area, however parking, driveways, and recreational uses such as pickelball, tennis, and volleyball are allowed.
Area Description: Easy access from I-40, I-75, Pellissippi Parkway, Hardin Valley Rd. and Middlebrook Pike.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 32,000 SF
Property Condition: Good
Roof Type: Gable
Construction/Siding: Aluminum Siding
Parking Type: Surface
Eave Height: 16
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Ceiling Units
Lighting: LED
Zoning Description: This zone provides areas in which the principal use of land is for manufacturing, assembling, fabrication and for warehousing and other uses which have heavy impacts and adverse effects on surrounding property. These uses do not depend primarily on frequent personal visits of customers or clients, but usually require good accessibility to major rail, air, or street transportation routes. Such uses are not properly associated with, nor compatible with residential, institutional and retail commercial uses.
Water Service: Municipal
Sewer Type: Municipal
Easements: Electric Lines
Land Ownership: Corporate

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,211 38,569 109,008
Median Age: 37.74 37.4 38.26
Households: 2,177 15,943 45,921

Contact

Photograph of Listing Agent

John Griess CCIM

Holrob NETAR CMLS Member
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