300 Hwy 25E South

Industrial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30599227
Property Subtypes: Cold Storage, Flex Space, Food Processing, Free-Standing, Manufacturing, Light Industrial, Office Showroom, Research & Development, Self Storage, Warehouse/Distribution
Status: Pending/Contingent
Building Size (RSF): 64,367 SF
Gross Land Area: 5.60 Acres
Sale Price: $1,100,000
Unit Price: $17.09 PSF
Ceiling: 20 ft.
Property Use Type: Vacant/Owner-User
Building Name: Brooks Furniture Manufacturing
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/22/2021

Overview / Comments

FIRST TIME EVER OFFERED FOR SALE! 65,000 SF Industrial Building located in Tazewell TN ready for IMMEDIATE OCCUPANCY. Plant 1 is 57,000 sq ft. Additional buildings are 7,000 sq ft. Tazewell is home to several major Industrial players including England Furniture (La Z Boy) DeRoyal Industries medical technologies, Clayton Homes a division of Berkshire Hathaway Company and many others. The large 5.6-acre tract is easily expandable and allows for plenty of parking, truck and or yard storage and can accommodate a wide variety of uses. The property is equipped with multiple dock and drive in doors to serve the buildings large footprint.
The property is well maintained and the roof is in good condition. With a trend and need for localized US manufacturing and distribution this property is ready for repurposing for your next business venture. INVESTOR OPPORTUNITY as well with high demand for storage and industrial properties in East Tennessee.

Additional Details

Nearest MSA: Knoxville
County: Claiborne
Submarket Type: Central Business District
Taxing Authority: Claiborne County
Tax ID/APN: 013096H B 00700
Property Located Between: Knoxville and Middlesboro
Highway Access: Hwy 25 and Hwy 33 access to I-75
Airports: McGhee Tyson
Site Description: Level graded 5.6 acre site with all municipal services including water, sewer, electric and natural gas.
Area Description: Located in the heart of Tazewell near the retail corrdior conveniently located manufacturing and industrial site less than half a mile from Hwy 33.
Tenancy: Single Tenant
Number of Stories: 1
Interior Description: The door height for the door that is ground level is 12’H and 12’W. The door height for the regular dock door is 10’H and 8’W. All of the main building is heated, but not cooled. The office is, of course, heated and cooled. The metal sheds are not heated nor cooled. There is a security system in all buildings.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 845 7,662 13,570
Median Age: 45.51 41.14 40.81
Households: 373 3,088 5,486

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