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201 Randolph St
Knoxville, TN 37917
UNDER CONTRACT - FIREPROOF STORAGE WAREHOUSE · Specialty Property For Sale
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133,200 SF
PROPERTY FACTS
| Property Type | Specialty | Building Size | 133,200 SF |
| Property Subtype | Self-Storage | No. Stories | 6 |
| Building Class | C | Year Built/Renovated | 1923/2022 |
| Lot Size | 0.54 AC | Tenancy | Single |
| Zoning | IMU | ||
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | C |
| Lot Size | 0.54 AC |
| Building Size | 133,200 SF |
| No. Stories | 6 |
| Year Built/Renovated | 1923/2022 |
| Tenancy | Single |
| Zoning | IMU |
ABOUT 201 RANDOLPH ST , KNOXVILLE, TN 37917
Owner seeking back up offers! Opportunity Zone - New Market Tax Credits - Possible TIF's. Opportunity Zone - Census tracts designated by State and Federal Government targeted for economic development by deferring capital gains taxes. New Market Tax Credits - designed to increase the flow of capital to lower income and distressed communities. Highly Desirable - Prominent 6 story building - built in 1923 • 135,000-sq-ft brick and concrete storage structure with 11-ft ceiling heights - massive concrete columns • Located in developing Magnolia Corridor at 201 Randolph St and Depot Ave • Visibility from Downtown - Interstate 40 and the James White Parkway • 4M dollar Magnolia Ave Streetscapes Project underway • Adjacent to proposed future home of The Knoxville Smokey's Baseball Stadium • Incredible panoramic views of Knoxville from the rooftop • 2 functioning freight elevators - 2 stairwells- sprinkler Unlimited potential for lofts - downtown storage - event center - artisan spaces - entertainment - etc. The building is currently being used as a storage facility with month-to-month leases, offering a developer income while planning a redevelopment or an investor the opportunity to boost occupancy and keep it as storage. Building plans available upon request. Get on I-40 E. Follow I-40 E to Hall of Fame Dr. Take Exit 389 from I-40 E and continue onto Hall of Fame Dr to Left onto E Magnolia. Turn Right onto E Depot Ave. Building is on right before railroad tracks.
PROPERTY TAXES
| Parcel Number | 095AM-014 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,800,000 |
PROPERTY TAXES
