30,000 +/- SF Office/Warehouse - Summit Place

Industrial for Sale
Sale Pending/Contingent
Also listed as Special Purpose
Catylist Listing ID: 30314788
Property Subtypes: Industrial-Business Park, Manufacturing, Light Industrial, Office Showroom, Warehouse/Distribution
Status: Pending/Contingent
Building Size (RSF): 30,000 SF
Gross Building Area: See Agent
Gross Land Area: 15 Acres
Sale Price: $2,900,000
Unit Price: $96.67 PSF
Office SF: 5,000 SF
Property Use Type: Business
Building Name: Scientific and Technical Resource Building
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Short Sale/Bank-Owned: Yes
Last Updated: 6/15/2020

Overview / Comments

Incredible BANK-OWNED opportunity for a 30,000 +/- SF office/warehouse building. Concrete walls, perimeter fenced with electric gates. Approx. 5,000 +/- SF of offices, 10,000 +/- SF of HIGHLY secure vault storage (both temperature and humidity controlled environment), and 15,000 +/- SF of high bay warehouse storage, electronically secured with a Faraday Cage. Dedicated receiving room with elevated transfer dock and 14x14 roll up door. Pre-designed and graded for an additional 15,000 +/- SF high bay warehouse. Many power and HVAC redundancies, including industrial back-up power diesel generator.

Parcel includes approximately 15 acres in the heart of Oak Ridge. Only 15 minutes to West Knoxville. 2 entrances from Illinois Avenue (aka Pellissippi Parkway aka Highway 62) to Summit Drive. One entrance is the new flyover / clover leaf leading directly to site (Centrifuge Way exit and on ramp).

Adjacent to Rail spur.

May be combined with adjacent 85 acres of I-2 and O zoned and pad ready property. See KAARCIE #30314769.

Buyer to verify square footage and acreage.

Additional Details

Nearest MSA: Knoxville
County: Anderson
Taxing Authority: Oak Ridge
Tax ID/APN: 001106G A 00200
Zoning: I-2
Property Located Between: Oak Ridge and Knoxville
Highway Access: Highway 62 to Centrifuge Way
Rail Access: Yes
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Built: 2005
Roof Type: Flat
Construction/Siding: Concrete
Parking Type: Surface
Sprinklers: Wet
Zoning Description: I-2
Part of Planned Development?: Yes
Water Service: Municipal
Sewer Type: Municipal
Easements: Electric Lines, Ingress/Egress, Water Rights, Utilities

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,214 21,162 37,214
Median Age: 38.42 42.02 41.92
Households: 1,612 9,397 15,775
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