Schaad Rd Commercial and Retail For Sale
Retail-Commercial
for Sale
Sale Pending/Contingent
| Catylist Listing ID: |
30823105 |
| Property Subtypes: |
Garden Center, Other
|
| Status: |
Pending/Contingent |
| Building Size (RSF): |
910 SF
|
| Gross Building Area: |
See Agent |
| Gross Land Area: |
1.14 Acres
|
| Sale Price: |
$399,000 |
| Unit Price: |
$438.46 PSF |
| Property Use Type: |
Vacant/Owner-User |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Average Occupancy Rate: |
100 |
| Last Updated: |
2/28/2023 |
Overview / Comments
This property features a fully fenced in 1.14 acres with frontage on Schaad Rd. There is a 910 SF warehouse with a roll-up door and shop bay, office, and bathroom. The warehouse has a canopy for parking. The lot is flat with a gravel drive and property sits near the Schaad Rd and Oak Ridge Highway intersection. Current tenant has a water feature business and will be relocating. Property's prior use was a landscaping business. With the Schaad Rd expansion upcoming and the CA zoning, this property has a lot of potential for redevelopment with income production in the meantime. Please do not disturb tenant. All showings must have a 24-hour lead time.
There is a TDOT acquisition plan for the expansion of Schaad Rd that reduces the property to 1.049 acres. See TDOT Purchase Map in listing photos.
|
Financials
| Finance Data Year |
2021 |
| Real Estate Taxes - Annual($) |
$773.38 (Annual) |
Additional Details
| Nearest MSA: |
Knoxville |
| County: |
Knox |
| Tax ID/APN: |
079 02801 |
| Zoning: |
CA |
| Site Description: |
Level |
| Area Description: |
From I-640, take the Western Ave Exit. Head west onto TN-62 for 4.3 miles. Turn right onto Schaad Rd. Your destination will be 0.3 miles on the left. |
| Tenancy: |
Single Tenant |
| Total Number of Buildings: |
1 |
| Property Condition: |
Average |
| Year Built: |
1995 |
| Parking Type: |
Surface |
| Lot Frontage: |
135 |
| Lot Depth: |
388 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
6,204 |
48,317 |
138,669 |
| Median Age: |
35.38 |
36.28 |
36.3 |
| Households: |
2,488 |
19,858 |
59,953 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Knoxville Area Association of REALTORS® nor
Moody's assume any liability for errors or omissions.
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