2 Commercial Buildings totaling over 8000 sf total

Industrial for Sale
Also listed as Office, Retail-Commercial
Catylist Listing ID: 30817707
Property Subtypes: Industrial-Business Park, Manufacturing, Light Industrial, Office Showroom, Self Storage, Warehouse/Distribution, Other
Building Size (RSF): 5,410 SF
Gross Building Area: See Agent
Sale Price: $199,900
Unit Price: $36.95 PSF
Docks/Doors: 1 Dock, 2 Doors
Drive In Bays: 1 Bay
Property Use Type: Investment, Business
Building Name: 2 commercial Buildings and lots selling as one.
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 9/19/2022

Overview / Comments

This property is great for warehouse, retail, wholesale, office space, storage. Has loading dock. Completely fenced. Two pieces of property with 2 large buildings. commercial road frontage. Tax record shows flood zone but Seller said they have not had any issues with it. Only small puddling.

Additional Details

Nearest MSA: Knoxville
County: Roane
Taxing Authority: Roane County
Tax ID/APN: Parcel ID/Tax ID #054K F 004.00 Parcel ID/Tax ID #054K F 003.00
Property Located Between: south on 27 from I-40. Take right at Rathburn st. in Rockwood. Building at corner and large building next door..
Tenancy: Single Tenant
Total Number of Buildings: 2
Number of Stories: 1
Typical SF / Floor: 5,410 SF
Property Condition: Fair
Year Built: 1950
Roof Type: Arched
Construction/Siding: Block
Exterior Description: Block building, Metal roof
Parking Type: Other
Parking Description: Parking in front of building or along beside the building
Sprinklers: None
Interior Description: 1st Building could use cleaning and painting but solid with concrete floors. 2nd building has a large whole in the ceiling and will need repair. Both are in a great location and are fixable.
Zoning Description: Business area Retail Trade General, Light Industrial According to tax record, Property is in a flood zone. According to seller, there has been no flooding, only puddling.
In Flood Plain?: Yes
Lot Frontage: 125
Lot Depth: 180
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities, Other
Easements Description: Unknown
Land Ownership: Owned
Legal Description: City of Rockwood Block/Lot 56/5-9...District/Ward 05...Plat Book/Page 1/4 2nd Building Description Parcel 054K F 003.00..Block/Lot 56/1-4..District/Ward 05..Plat Book/Page 1/4

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,207 7,654 10,805
Median Age: 42.77 45 45.72
Households: 1,328 3,179 4,466

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