Gray Town Center / Industrial Site

Industrial for Sale
Sale Pending/Contingent
Also listed as Shopping Center, Retail-Commercial
Catylist Listing ID: 2147586
Property Subtypes: Cold Storage, Flex Space, Industrial-Business Park, Manufacturing, Mixed Use, Light Industrial, Truck Terminal, Warehouse/Distribution, Other
Status: Pending/Contingent
Building Size (RSF): 97,000 SF
Gross Building Area: See Agent
Gross Land Area: 1 - 17 Acres
Sale Price: $2,650,000
Unit Price: $27.32 PSF
Ceiling: 24 ft.
Docks/Doors: 9 Docks
Office SF: 7,000 SF
Drive In Bays: 1 Bay
Property Use Type: Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/22/2018

Overview / Comments

Town center site with a warehouse on it. The warehouse is 97,000 SF with 24 FT Ceiling height 7,000 SF of office space, and 9 dock doors. A portion of this space is equipped with cold storage capabilities. Warehouse sits on 17 acres of prime retail or multi use property a short distance from Hwy 26. Property fronts on busy Bobby Hicks Hwy and Old Gray Station Road. One of last remaining developable locations in the highly desirable Gray TN location.

Additional Details

Nearest MSA: Johnson City
County: Washington
Taxing Authority: Washington County
Zoning: M-1
Market Type: Medium
Side of Street: Northwest
Road Type: Paved
Transportation: Rail, Highway, Airport
Highway Access: I-26, Hwy 75
Rail Access: Yes
Airports: Tri Cities Regional Airport
Site Description: 17 acre level site currently zoned M-1 (Light Industrial)
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 97,000 SF
Property Condition: Good
Year Built: 1975
Roof Type: Flat
Construction/Siding: Metal Siding, Steel Frame
Exterior Description: Steel Building Slab on Grade Industrial Building
Parking Type: Surface
Parking Description: Parking is asphalt and gravel mix.
Total Parking Spaces: 75
Heat Source: Central
Air Conditioning: Engineered System
Lighting: Fluorescent
Internet Access: Cable, DSL
Zoning Description: Light Industrial (M-1)

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,049 15,736 44,729
Median Age: 37.65 39.64 42.41
Households: 2,229 6,631 18,614


Photograph of Listing Agent

Stephen J Goodson, ChFC

Remax Checkmate, Commercial Division NETAR CMLS Member
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