9,450 SF Warehouse on 16.56 Acres at I-40 Exit, Zoned C-2

Industrial for Sale
Also listed as Vacant Land
Catylist Listing ID: 30792244
Property Subtypes: Warehouse/Distribution
Building Size (RSF): 9,450 SF
Gross Building Area: See Agent
Gross Land Area: 16.56 Acres
Sale Price: $1,600,000
Unit Price: $169.31 PSF
Ceiling: 22 ft.
Docks/Doors: 1 Dock
Drive In Bays: 2 Bays
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/24/2022

Overview / Comments

9,450 SF Warehouse on 16.56 acres at I-40 Exit 415 in Dandridge, TN. Due to the shortage of industrial/warehouse properties along with this interstate exit location, this opportunity is rare. Additionally, the C-2 General Commercial Zoning presents multiple development options to compliment this property and location. Possible uses include self-storage development, industrial and hospitality. The property is visible from I-40, and the entrance is just 300 yards from the bottom of east bound exit ramp.

There are two roll-up doors on opposite ends of building along with loading dock at front. There is approximately 1,250 SF of office with restrooms. Also, 2 X 200 AMP electrical boxes. Eave heights are 16' and peak height is 22'. Square footage and acreage per public record, needs verification.

Financials

Finance Data Year 2020
Real Estate Taxes - Annual($) $2,879 (Annual)

Additional Details

Nearest MSA: Morristown
County: Jefferson
Tax ID/APN: 067 042.05
Site Description: Hilly
Area Description: I-40 Exit # 415 Dandridge. From east bound exit ramp, go right for 300 yards, and property is on right.
Total Number of Buildings: 1
Property Condition: Excellent
Year Built: 2012
Parking Type: Surface
Eave Height: 16

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 9,634 19,414
Median Age: 41.53 41.87
Households: 3,617 7,468
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