INCOME PRODUCING COMMERCIAL STORAGE UNITS & 2 OFFICE BUILDINGS

Industrial for Sale
Auction
Catylist Listing ID: 30815383
Property Subtypes: Office Showroom, Self Storage
Building Size (RSF): 4,000 SF
Gross Building Area: See Agent
Gross Land Area: 0.68 Acres
Sale Price: $1 - 1,000,000
Unit Price: $250 PSF
Office SF: 1,600 SF
Property Use Type: Vacant/Owner-User, Business
Sale Terms: Undisclosed
Up For Auction: Yes
Auction Type: Absolute
Auction License Number: 4498
Cap Rate: Undisclosed
Average Occupancy Rate: 98
Last Updated: 9/24/2022

Overview / Comments

ABSOLUTE ONLINE AUCTION
INCOME PRODUCING COMMERCIAL STORAGE UNITS & 2 OFFICE BUILDINGS
GO TO: WWW.DELOZIERAUCTIONS.COM FOR MORE INFO AND TO BID!!
BIDDING BEGINS TUEDAY SEPTEMBER 13TH 10:00AM
STARTS ENDING TUES. SEPTEMBER 20TH 2:00PM
224 HIGHWAY 70W
LENOIR CITY, TENNESSEE 37771
THE STORAGE UNITS: 13 UNITS TO INCLUDE 12- 10' X 20' UNITS BRINGING IN $100 EACH PER MONTH, 1 10' X 10' UNIT BRINGING IN $99 PER MONTH, STAND ALONE BUILDING BRINGING IN $600 PER MONTH, SPACIOUS FRONT OFFICE BUILDING WITH POTENTIAL FOR $2000 PER MONTH OR CLIMATE CONTROLLED STORAGE!!CURRENT OUTDOOR STORAGE INCOME $400 PER MONTH WITH ROOM FOR EXPANSION!!
APPROXIMATE TOTAL CURRENT MONTHLY INCOME: $2,389.00
POTENTIAL INCOME THE WAY IT IS: $5,489.00 PER MONTH
($55 PER OUTDOOR STORAGE X 20 OUT DOOR SPACES, $2000 PER MONTH OFFICE BUILDING IN FRONT)
.68 ACRE LOT ZONED COMMERCIAL
TOTAL YEARLY TAXES: $1341.57
GO TO: WWW.DELOZIERAUCTIONS.COM FOR MORE INFO AND TO BID!!

Additional Details

Nearest MSA: Knoxville
County: Loudon
Taxing Authority: Loudon County
Tax ID/APN: 053009LA03300
Zoning: C-2
Property Located Between: Interstate 40 & Interstate 75
Highway Access: Highway 321
Airports: Knoxville McGee Tyson Airport
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 1
Property Condition: Good
Construction/Siding: Metal/Glass
Parking Type: Surface
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Package Unit
Lot Frontage: 96 feet
Lot Depth: 289 feet
Water Service: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 13,763 24,465
Median Age: 41.33 40.81
Households: 5,584 9,456

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