Hard to find 20M-25M for 3.5M after 5M upgrades.

Industrial for Sale
Catylist Listing ID: 30759433
Property Subtypes: Flex Space, Free-Standing, Manufacturing, Mixed Use, Light Industrial, Research & Development, Self Storage, Warehouse/Distribution
Building Size (RSF): 216,915 SF
Gross Building Area: See Agent
Gross Land Area: 17 SF
Sale Price: $3,500,000
Unit Price: $16.14 PSF
Property Use Type: Investment, Business
Usable Size (USF): 182,783 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/27/2021

Overview / Comments

This property offers an number of uses. Data center, distribution center, heavy or light industrial , storage or whatever the the buyer conceives . Initially used as a heavy industrial plant affiliated with internationally known aluminum company (has been cleared, environmental testing on file) , and was built to very high specifications including exceedingly deep concrete flooring , huge electrical power sources , many loading bays , cranes, and 28 ft ceilings plus access to State Hwys ,and two Interstates I-26 and I-81 . Then I-40 and I-75 this places all products or services produced at this facility within 600 miles of 50% of the USA . Also , those unfamiliar to East Tennessee will find extraordinary beauty in the creeks, hills, meadows, mountains, streams and four wonderful distinct seasons each year. Very hard working people who value their jobs ,and are dedicated plus loyal to company and family. Finally, substantial tax credits and incentives are offered not only by the state , local area , but city as well for qualified employers.

Additional Details

Nearest MSA: Johnson City
County: Carter
Taxing Authority: Carter County
Tax ID/APN: 049D B 00300 000049D
Property Located Between: Tri-Cities and Knoxville
Highway Access: Initially, I- 26 and I-81, then I-40 and I-75.
Property Condition: Average
Roof Type: Flat
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,830 20,607 37,023
Median Age: 37.77 42.5 41.81
Households: 2,001 8,720 15,400


Photograph of Listing Agent

J.Kelly Clancey

Century 21 Legacy KAAR CIE Member
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