Industrial Warehouse | 1190 Old Asheville Hwy
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Industrial Warehouse 1190 Old Asheville Hwy
45,000 SF Industrial Building Newport, TN 37821 $3,800,000 ($84/SF)
Investment Highlights
- 200’ x 200’ 40,000 SF Warehouse/ 5,000 SF Office Space
- Public Utilities
- 4 Miles from Exit 435 Interstate 40
Executive Summary
Vacant 40,000 SF Sprinkled Warehouse (200’ x 200’) with 5,000 SF of Office on 6.83 +/- Acre Parcel. Located about 4 miles from Interstate 40 – Exit 435 (Newport/ Gatlinburg). 2.8 miles East of downtown Newport, TN.
There are two gated entrances to the property off Old Asheville Highway (8) loading docks, (2) Drive In Doors. Eleven Offices, Breakroom, Men’s and Women’s Restrooms. 75,000 Gallon Fire Suppression System located onsite and a 900 SF Out Building with (2) Overhead Doors.
Built in 1973 and Zoned Light Industrial 30’ Ceiling and 25’ Eaves.
There are two gated entrances to the property off Old Asheville Highway (8) loading docks, (2) Drive In Doors. Eleven Offices, Breakroom, Men’s and Women’s Restrooms. 75,000 Gallon Fire Suppression System located onsite and a 900 SF Out Building with (2) Overhead Doors.
Built in 1973 and Zoned Light Industrial 30’ Ceiling and 25’ Eaves.
Property Facts
| Price | $3,800,000 | No. Stories | 1 |
| Price Per SF | $84 | Year Built | 1973 |
| Sale Type | Investment or Owner User | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 0.24/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 30 FT |
| Building Class | C | No. Dock-High Doors/Loading | 6 |
| Lot Size | 39.15 AC | No. Drive In / Grade-Level Doors | 2 |
| Rentable Building Area | 45,000 SF | Opportunity Zone |
Yes
|
| Price | $3,800,000 |
| Price Per SF | $84 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 39.15 AC |
| Rentable Building Area | 45,000 SF |
| No. Stories | 1 |
| Year Built | 1973 |
| Tenancy | Single |
| Parking Ratio | 0.24/1,000 SF |
| Clear Ceiling Height | 30 FT |
| No. Dock-High Doors/Loading | 6 |
| No. Drive In / Grade-Level Doors | 2 |
| Opportunity Zone |
Yes |
Amenities
- Conferencing Facility
- Courtyard
- Fenced Lot
- Security System
- Yard
- Reception
- Storage Space
- Common Parts WC Facilities
- Air Conditioning
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $32,550 | Total Assessment | $32,550 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$32,550
Improvements Assessment
$0
Total Assessment
$32,550
zoning
| Zoning Code | I (zoned for industrial use) |
| I (zoned for industrial use) |
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Industrial Warehouse | 1190 Old Asheville Hwy
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