1350 Phillips Road

Industrial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30577375
Property Subtypes: Warehouse/Distribution, Other
Status: Pending/Contingent
Building Size (RSF): 4,720 SF
Gross Building Area: See Agent
Gross Land Area: 0.63 Acres
Sale Price: $89,000
Unit Price: $18.86 PSF
Docks/Doors: 1 Door
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/1/2020

Overview / Comments

Business Opportunity in Jefferson County, TN! The Jefferson County tax assessor reports this all-steel building to measure 4,720 square feet under roof. The location has amazing exposure to I-81 traffic, with a traffic count of 42,300 cars per day according to TDOT. The property is zoned A-1, the most liberal zoning in the county, so a multitude of uses are possible. The building was the former location of Scalf's Wholesale Bait. Currently, the building houses block minnow tanks as well as a refrigerated cooler that kept bait cool. The tanks can be removed, or simply start the operation back up! The bait business was good to the Scalf Family, and for more than 30 years they made a living at this location. Phillips Road runs parallel with I-81, and the easiest and closest access is exit 4, less than two miles from the location. Feel free to drive by and look around the outside of the building. Please DO NOT enter the building without making an appointment with your REALTOR. Measurements and descriptions are taken from tax records. Buyers should measure, inspect, and verify. Some photos feature aerial photography.

Additional Details

Nearest MSA: Morristown
County: Jefferson
Taxing Authority: Jefferson County
Tax ID/APN: 037 051.02
Zoning: A-1
Highway Access: Less than 2 miles from Interstate 81 at exit 4.
Year Built: 1984
Construction/Siding: Concrete, Metal Siding, Wood Frame
Zoning Description: A-1
Lot Frontage: 143'

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 5,496 16,735
Median Age: 39.96 41.27
Households: 2,109 6,416

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