104 Meco Lane

Industrial for Sale
Sale Pending
Catylist Listing ID: 30653308
Property Subtypes: Flex Space, Free-Standing, Industrial-Business Park, Manufacturing, Light Industrial, Warehouse/Distribution
Status: Pending
Building Size (RSF): 15,000 SF
Gross Building Area: See Agent
Sale Price: $784,500
Unit Price: $52.30 PSF
Ceiling: 14 ft. / 12 ft. Clear
Docks/Doors: 2 Docks, 1 Door
Office SF: 4,000 SF
Drive In Bays: 1 Bay
Property Use Type: Investment, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 8/9/2021

Overview / Comments

Nice well maintained clear-span industrial building constructed as distribution facility. Currently used as mechanical service center offering environmental air conditioning along with air quality control systems. Has explosive/flammable vault constructed in isolated area of warehouse. One overhead drive-in door with capability to add another and two loading docks in place with levelers. Approximately 4,000 square feet of climate controlled administrative space with balance warehouse or assembly space.

Additional Details

Nearest MSA: Knoxville
County: Anderson
Taxing Authority: City of Oak Ridge; Anderson County TN
Tax ID/APN: 001094E A 00700
Zoning: INDUSTRIAL- 1
Property Located Between: Oak Ridge Turnpike and Melton Hill Lake
Highway Access: Oak Ridge Turnpike to Melton Lake Drive to Meco Lane.
Airports: McGhee Tyson and Island Home
Site Description: Graded to dock height above street level with ample paved front-door parking and fenced graveled lay-down yard.
Area Description: Newer private industrial park.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 15,000 SF
Property Condition: Excellent
Year Built: 1995
Year Renovated: 2020
Roof Type: Gable
Construction/Siding: Steel Frame
Exterior Description: Split faced concrete block and metal panels with standing-seam metal roof
Parking Ratio: 120 (per 1000 SF)
Parking Type: Surface
Parking Description: Paved striped front door with additional gravel overflow.
Total Parking Spaces: 25
Eave Height: 14
Column Spacing: Clear span
Sprinklers: Dry
Amps: 400
Volts: 208
X-Phase: 3
Heat Type: Natural Gas
Heat Source: Other
Air Conditioning: Engineered System
Lighting: LED
Internet Access: Cable
Interior Description: Approximately 4,000 square feet of hardwall office space with 3 restrooms and break room.
Zoning Description: Light to medium industrial uses allowing for R&D, machining and distribution as well as service related uses.
Lot Frontage: 205'
Lot Depth: 252'
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities
Easements Description: Sewer easement along rear property line.
Land Ownership: Partnership
Legal Description: Parcel 007.00 of Anderson County Tennessee Tax Map 094E, Group A

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,697 23,069 43,821
Median Age: 44.85 44.88 41.94
Households: 1,100 10,212 18,716

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