Multiple Warehouse Buildings on 16+ Acres

Industrial for Sale
Catylist Listing ID: 30831586
Property Subtypes: Flex Space, Free-Standing, Industrial-Business Park, Manufacturing, Mixed Use, Truck Terminal, Warehouse/Distribution, Other
Building Size (RSF): 120,000 SF
Gross Building Area: See Agent
Sale Price: $999,900
Unit Price: $8.33 PSF
Property Use Type: Business
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 1/28/2023

Overview / Comments

RARE OPPORTUNITY to own 16+ acres with nearly 120,000 square feet of workspace UNDER ROOF! Some sections are in need of repair but most is functional with some TLC. Two buildings are currently leased. Whether you're in need of storage, factory space, mill work, auto repair/detailing, retail, etc. this property has potential galore. There are multiple garages & covered parking areas. High traffic count & easy highway access are added bonuses. The value of this property is primarily the commercial land and not the buildings. Refer to MLS #1207128 for an ADDITIONAL 10 ACRES for sale that is adjacent to this property.

Additional Details

Nearest MSA: Knoxville
County: Loudon
Tax ID/APN: 05308005400
Tenancy: Multiple Tenants
Property Condition: Poor
Year Built: 1950
Roof Type: Other
Parking Type: Surface
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 4,996 12,249
Median Age: 41.66 42.06
Households: 1,939 4,733
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