33 Acres Zoned I-1 Plus 19,633 SF of Industrial Storage

Industrial for Sale
Catylist Listing ID: 30801967
Property Subtypes: Free-Standing, Manufacturing, Warehouse/Distribution
Building Size (RSF): 19,633 SF
Gross Building Area: See Agent
Gross Land Area: 33 Acres
Sale Price: $1,500,000
Unit Price: $76.40 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/18/2022

Overview / Comments

This property consists of approximately 33 acres and 19,633 SF of covered industrial storage structures. The zoning is I-1 which allows for many uses including manufacturing, assembly, fabrication, warehousing and distribution of goods. All utilities are available at the property. Part of the property has been rough graded. The industrial storage is suitable for heavy equipment. Phase I and Phase II have been completed and show a clean bill of health.

Adjoining Parcel 1 can be purchased as well. It has approximately 2.2 acres zoned I-1 and a 17,000 SF completely renovated industrial building and 1 storage shed. 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($) $1,362 (Annual)

Additional Details

Nearest MSA: Sevierville
County: Sevier
Tax ID/APN: 051 005.01 and 051 005.00
Zoning: I-1
Site Description: Gently sloping
Area Description: Winfield Dunn Parkway to left onto Hwy 411 to left on Walnut Grove Road.
Tenancy: Multiple Tenants
Total Number of Buildings: 7
Year Built: 1978

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 15,183 24,390
Median Age: 40.14 40
Households: 6,050 9,552
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