Former Composite Manufacturing Facility

Industrial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30646857
Property Subtypes: Manufacturing, Research & Development, Warehouse/Distribution
Status: Pending/Contingent
Building Size (RSF): 66,555 SF
Gross Building Area: See Agent
Sale Price: $1,100,000
Unit Price: $16.53 PSF
Docks/Doors: 6 Doors
Office SF: 3,645 SF
In Opportunity Zone? Yes
Property Use Type: Investment, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/22/2021

Overview / Comments

Well maintained former composite manufacturing facility, improved with a 66,555 square foot building on 10.45 acres. Sea Ray Boats recently occupied the building and built fiberglass towers for their boats. The building has one long, 500' x 80', crane bay that is equipped with two (2) ten-ton bridge cranes. There is a second bay that has a five (5) ton bridge crane. The building has multiple drive-in doors and a large fenced lot behind the building that is paved. The property is zoned M-2, High Impact Use District which allows heavy industries and uses that create noise, odor, dust, and other objectionable conditions. The building is fully sprinkled, has heavy power, dust collection systems, and excellent lighting.

Additional Details

Nearest MSA: Greeneville
County: Greene
Tax ID/APN: 030086M A 00801
Site Description: Greene County is centrally located in the eastern portion of the United States and is easily accessible by Interstate 81. Situated at the foothills of the Great Smoky Mountains, Greene County is 70 miles northeast of Knoxville, 30 miles southwest of the Tri-Cities region of Johnson City/Kingsport/Bristol, and 54 miles northwest of Asheville, NC. The subject property is located on Highway 11E and is 15 minutes to I-81.
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 66,555 SF
Property Condition: Average
Year Built: 1962
Parking Ratio: 1.1 (per 1000 SF)
Parking Type: Surface
Total Parking Spaces: 72
Overhead Cranes: 3
Sprinklers: Wet
Zoning Description: M-2

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,988 17,428 28,924
Median Age: 39.86 42.03 41.51
Households: 1,609 7,434 11,975


Photograph of Listing Agent

Brian H. Tapp, CCIM

Avison Young KAAR CIE Member
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