17,000 SF Industrial Bldg on 2.2 Acres for Sale

Industrial for Sale
Catylist Listing ID: 30801896
Property Subtypes: Free-Standing, Warehouse/Distribution
Building Size (RSF): 17,000 SF
Gross Building Area: See Agent
Gross Land Area: 2.20 Acres
Sale Price: $2,200,222
Unit Price: $129.42 PSF
Ceiling: 19.6 ft. / 17.4 ft. Clear
Docks/Doors: 2 Docks
Drive In Bays: 2 Bays
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/17/2022

Overview / Comments

Parcel 1 includes the totally renovated 17,000 SF industrial building, plus approximately 2.2 acres of land. The building is clear span with 17'4" eave heights with a 19'6" center height. Two roll-up doors on each end of the property and two dock doors. All of insulation is covered to prevent tearing. The property also has a large storage shed. Hanging gas heater, 3-Phase Power. The zoning is I-1. The owner has done significant grading along with environmental Phase I and Phase II reports that reveal a clean bill of health for the property. Public record indicates individual sewer source but owner states 2" sewer main with grinder/pump station at street. There are two water mains, 3/4", 2" and 2" gas line. 8" concrete floors and grease pit for changing oil and under mechanical work on vehicles.

Adjoining parcel 2 can be purchased as well. It has approximately 33 acres zoned I-1 and 3 storage sheds. Property lines shown are for reference only and can be redrawn to fit the buyer’s needs.

Financials

Finance Data Year 2019
Real Estate Taxes - Annual($) $705.87 (Annual)

Additional Details

Nearest MSA: Sevierville
County: Sevier
Tax ID/APN: 051 005
Zoning: I-1
Site Description: Level
Area Description: Highway 66 to left onto Walnut Grove, property on the right.
Tenancy: Single Tenant
Total Number of Buildings: 1
Year Built: 1983
Year Renovated: 2022
X-Phase: 3
Heat Type: Natural Gas

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 15,183 26,177
Median Age: 40.14 39.39
Households: 6,050 10,180
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