HUGE 40,000 sq ft Warehouse

Industrial for Sale
Catylist Listing ID: 30823741
Property Subtypes: Flex Space, Food Processing, Free-Standing, Manufacturing, Light Industrial, Self Storage, Truck Terminal, Warehouse/Distribution, Other
Building Size (RSF): 45,000 SF
Gross Building Area: See Agent
Gross Land Area: 39.51 Acres
Sale Price: $2,750,000
Unit Price: $61.11 PSF
Docks/Doors: 6 Docks, 8 Doors
Office SF: 5,000 SF
Drive In Bays: 2 Bays
In Opportunity Zone? Yes
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/9/2022

Overview / Comments

Huge 40,000 sq’ industrial warehouse with 5,000 sq’ air conditioned office space attached. Front and rear entry gates to loading bays for semi trailers. Ideally located 45 minutes east of Knoxville on a major trade route (Hwy 25) and only minutes from interstate access (I-40) for international distribution access. Encompassing 3 separately zoned parcels this industrial site sits on 39 acres with portion of land benefiting by a slightly elevated ridge with amazing 360 degree views of the Smoky Mountains and valley surrounds. Warehouse has sprinkler system, plenty of power, natural gas, water and sewer with back up generator and pumps. Also has 75,000 gallon water silo to feed warehouse if need be. Perimeter security fence surround and security shed at front entry. Also has external maintenance garage. Site is ideal for most any form of light manufacturing, bulk distribution, storage facility, data centers, research facility, and numerous flex style operations.

Additional Details

Nearest MSA: Newport
County: Cocke
Taxing Authority: Cocke County
Tax ID/APN: 057 009.12 009.01 010.09
Highway Access: Just off Hwy 25. Interstate access (I-40) within 4 miles.
Site Description: Encompasses 3 x parcels. Parcel 1 is 6.38 and has warehouse as improvement. Parcel 2 is undeveloped 15.77 acres. Parcel 3 is undeveloped with 17 acres. Slight rise to cleared ridge on undeveloped parcels with 360 degree views of Smoky Mountains and valleys.
Tenancy: Single Tenant
Total Number of Buildings: 2
Number of Stories: 1
Typical SF / Floor: 40,000 SF
Property Condition: Good
Year Built: 1973
Year Renovated: 1997
Roof Type: Gable
Construction/Siding: Steel Frame
Exterior Description: Metal siding
Parking Type: Surface
Parking Description: Flat level parking area to front entrance. Semi Trailer parking/loading areas front and rear of building.
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Package Unit
Lighting: Fluorescent
Interior Description: Open insulated warehouse space Fit-out office space
Zoning Description: Light Industrial
Water Service: Municipal, Other
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,729 10,915 15,166
Median Age: 40.99 41.42 41.79
Households: 715 4,568 6,405


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