20,000 SF Industrial Building for Sale

Industrial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30622278
Property Subtypes: Free-Standing, Light Industrial, Warehouse/Distribution
Status: Pending/Contingent
Building Size (RSF): 20,000 SF
Gross Building Area: See Agent
Gross Land Area: 2 Acres
Sale Price: $1,025,000
Unit Price: $51.25 PSF
Ceiling: 22 ft. / 17 ft. Clear
Docks/Doors: 2 Docks
Office SF: 2,070 SF
Drive In Bays: 3 Bays
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/12/2020

Overview / Comments

Great opportunity to own an industrial building in Sugar Limb Industrial Park. Block with metal building originally built as a 2 x 10,000 SF tenant building. However, the building has been used as a 1 tenant building. New roof with an 18-year warranty. There are [2] 8' docks at the rear of the building, [1] 8' drive-in door on the north side of the building and [1] 12' roll up door on the south side of the building. A metal skin with [1] 12' x 12' roll up door that separates the two sides. Warehouse has LED lighting. Column spacing is 24' 6" edge to edge and 49' to the outside wall. 8 mechanical roof vents. Storage mezzanine with a mezzanine office. Office area has 1 private office, kitchen, HVAC, cubicle area and conference/training room and 1 bathroom. Warehouse has 1 bathroom and a shipping desk/area. 2 electric meters and 2 gas meters. No heating in the warehouse. Small fenced-in area at the rear of the building.

Financials

Finance Data Year 2020
Real Estate Taxes - Annual($) $7,301 (Annual)

Additional Details

Nearest MSA: Knoxville
County: Loudon
Tax ID/APN: 053033 00900
Zoning: M-2
Site Description: Level
Area Description: I-75 to Sugar Limb Road to right on onto Hwy 11 to property on the right.
Total Number of Buildings: 1
Year Built: 1996
Roof Type: Gable
Construction/Siding: Block, Metal Siding
Parking Type: Surface
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Lighting: LED

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,683 13,559 31,474
Median Age: 41.67 41.06 44.26
Households: 1,019 5,285 12,875

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