Midland Towers

Office for Sale
Catylist Listing ID: 30045632
Property Subtypes: Office Building
Building Size (RSF): 15,000 SF
Gross Land Area: 0.73 - 0.75 SF
Sale Price: $899,900
Unit Price: $59.99 PSF
Property Use Type: Investment, Business
Class of Space: Class B
Usable Size (USF): 32,000 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/8/2018

Overview / Comments

This is a great find in Alcoa Tn. Just minutes from the airport. Commercial office complex is sitting at a 95% occupancy rate. The complex is called Midland Towers. Most of the units come with private bathrooms, and kitchenettes. This would make a great investment for anyone's portfolio.

Additional Details

Nearest MSA: Knoxville
County: Blount
Taxing Authority: Alcoa City, Blount County
Tax ID/APN: 046M E 046.00
Property Located Between: Alcoa and Maryville TN
Property Visibility: Excellent
Highway Access: Hwy 129 about 1.2 mile distance
Airports: Mghee Tyson Airport 2.6 Miles Away
Site Description: Paved Site, Excellent shape
Area Description: Business and retail district
Total Number of Buildings: 1
Number of Stories: 3
Typical SF / Floor: 15,000 SF
Year Built: 1978
Year Renovated: 2016
Roof Type: Flat
Construction/Siding: Block
Exterior Description: Block, Metal,
Parking Ratio: 3 (per 1000 SF)
Parking Type: Surface
Parking Description: Paved Lined Parking
Total Parking Spaces: 50
Heat Type: Electricity, Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable, DSL
Interior Description: 15 Individual Offices
Zoning Description: Commercial Retaill Business Services
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,972 43,253 69,972
Median Age: 35.06 39 40.4
Households: 3,487 17,774 28,016


Photograph of Listing Agent

Barry Counts

Keller Williams KAAR CIE Member
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