Working Machine Shop

Industrial for Sale
Catylist Listing ID: 30833749
Property Subtypes: Industrial-Business Park, Light Industrial
Building Size (RSF): 4,600 SF
Gross Land Area: 154,202 SF
Sale Price: $650,000
Unit Price: $141.30 PSF
Docks/Doors: 3 Doors
In Opportunity Zone? Yes
Property Use Type: Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/27/2023

Overview / Comments

This property currently has a working machine shop in a 4600 square feet building. It is located in the Matlock Bend Industrial Park in Loudon County. It is a corner lot that borders Monterey Drive and Corporate Drive. TN Highway 72 access and Interstate 75 just a 3 minute drive away.

Additional Details

Nearest MSA: Knoxville
County: Loudon
Taxing Authority: Loudon County
Tax ID/APN: 031 076.00
Zoning: M-1
Property Located Between: Corporate Park Drive and Monterey Drive
Highway Access: Highway 72 and near Interstate 75.
Airports: Knoxville
Site Description: 4600 Square foot building, heated and cooled, on 3.54 acres of level and rolling land. Ample amount of parking.
Area Description: Busy Industrial park with several business/companies nearby. The TN National premiere gated lakefront community is also nearby.
Tenancy: Single Tenant
Total Number of Buildings: 2
Number of Stories: 1
Typical SF / Floor: 4,600 SF
Property Condition: Average
Year Built: 1987
Roof Type: Gable
Construction/Siding: Brick
Exterior Description: Rectangular design, brick building with metal roofing. Extra,12x16 storage building on the property.
Parking Type: Other
Parking Description: Parking in a gravel area.
Total Parking Spaces: 10
Heat Type: Electricity
Heat Source: Heat Pump
Air Conditioning: Engineered System
Lighting: Fluorescent
Internet Access: Other
Interior Description: 2 office spaces with 2 1/2 baths. Open area for machine shop or other business as needed.
Zoning Description: M-1
Lot Frontage: 308' and 275' (corner lot)
Lot Depth: 491'
Water Service: Municipal
Sewer Type: Municipal
Easements: Other
Easements Description: 25' strip of land conveyed to the roadway, dedicated to the county.
Land Ownership: Owned

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,201 2,201 18,507
Median Age: 37.89 37.89 42.22
Households: 831 831 7,244
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