5401 Pleasant Ridge Rd

Industrial for Sale
Catylist Listing ID: 30725933
Property Subtypes: Free-Standing, Mixed Use, Warehouse/Distribution, Other
Building Size (RSF): 3,660 SF
Gross Building Area: See Agent
Sale Price: $780,000
Unit Price: $213.11 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/23/2021

Overview / Comments

3,660 sf warehouse with office space on 2 acres. The property sits at the intersection of Pleasant Ridge and Merchant Dr. The warehouse is 36’ x 60’ (2,160sf) and features two 12’ x 12’ roll up doors, 11’ eave height, 13’6” center height, suspended gas heat, a storage / utility room, 300 sf conference room with full kitchen and a half bath.

The office area includes approximately 400sf of reception area, 308sf executive office, swirled epoxy floors and a restroom with shower.

There is a second building facing Pleasant Ridge Road that was a former gas station. The brick building is 20’ x 30’ (600sf) and is a shell.

The property 2.16 acres and is currently used for equipment storage and lay down yard. Great location next to a Dollar General and Northwest Middle School.

Additional Details

Nearest MSA: Knoxville
County: Knox
Tax ID/APN: 080JA007
Tenancy: Single Tenant
Total Number of Buildings: 2
Property Condition: Good
Year Built: 1972
Parking Type: Surface
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,816 61,028 176,434
Median Age: 37.63 34.3 34.54
Households: 4,193 26,592 74,460
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