Summit Place Development / 100 +/- acres with 30k SF office/warehouse

Industrial for Sale
Sale Pending
Catylist Listing ID: 30314769
Property Subtypes: Free-Standing, Industrial-Business Park, Manufacturing, Mixed Use, Light Industrial, Office Showroom, Research & Development, Warehouse/Distribution
Status: Pending
Building Size (RSF): 30,000 SF
Gross Land Area: 100 Acres
Sale Price: $5,500,000
Unit Price: $183.33 PSF
Property Use Type: Business
Building Name: Scientific and Technical Resource Building
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 1/12/2021

Overview / Comments

Incredible BANK-OWNED opportunity for approximately 100 acres in the heart of Oak Ridge. Only 15 minutes to West Knoxville. Infrastructure, including roads, utilities, sitework, entrances, storm drainage, site lighting already installed. This ridge top development is pad ready with 360 degree views of the Smoky and Cumberland Mountains. Originally developed as a commercial & industrial park. Many other uses possible..... multi-family, senior living, retail, office, corporate center, and distribution hub. 2 entrances. One entrance is the new flyover / clover leaf leading directly to site (Centrifuge Way exit and on ramp).

30,000 SF office/warehouse building. Concrete walls, perimeter fenced with electric gates. Approx. 5,000 +/- SF of offices, 10,000 +/- SF of HIGHLY secure vault storage (both temperature and humidity controlled environment), and 15,000 +/- SF of high bay warehouse storage, electronically secured with a Faraday Cage. Dedicated receiving room with elevated transfer dock and 14x14 roll up door. Pre-designed and graded for an additional 15,000 SF high bay warehouse. Many power and HVAC redundancies, including industrial back-up power diesel generator.

Industrial and Office zoning.

Adjacent Rail spur.

Buyer to verify square footage and acreage.

Additional Details

Nearest MSA: Knoxville
County: Anderson
Taxing Authority: Oak Ridge
Tax ID/APN: 001106G A 00200
Zoning: I-2 AND O
Property Located Between: Oak Ridge and Knoxville
Rail Access: Yes
Tenancy: Single Tenant
Property Condition: Excellent
Year Built: 2005
Construction/Siding: Concrete
Parking Type: Surface
Zoning Description: I-2 and O
Water Service: Municipal
Sewer Type: Municipal
Easements: Pipelines, Electric Lines, Ingress/Egress, Water Rights, Utilities, Environmental

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,214 21,162 37,214
Median Age: 38.42 42.02 41.92
Households: 1,612 9,397 15,775
© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Knoxville Area Association of REALTORS┬« nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.