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989 Industrial Park Rd

30,573 SF Industrial Building Dandridge, TN 37725 $1,400,000 ($46/SF)

Investment Highlights

  • Vacant Industrial Warehouse Situated on 2.86 Acres of Light Industrial Zoned
  • Ideal Opportunity for Owner User Looking to Expand Their Business in a Growing Industrial Market
  • Located Less than 1.5 Miles from I-40 Exit (67,000+ VPD) & Less than 31 Miles from Downtown Knoxville.
  • 8 Dock High Doors | 2 Drive in Doors | 19’ Clear Height
  • Value-Add Opportunity for an investor through Filling Vacancy or Redevelopment

Executive Summary

The AP Group of Marcus & Millichap is pleased to present the opportunity to acquire fee simple interest in the vacant industrial warehouse, strategically located at 989 Industrial Park Rd, Dandridge, TN 31105. The facility spans 30,573 square feet with 19' clear height, and boasts eight dock-high doors and two drive-in doors which is ideal for various industrial purposes. Situated on approximately 2.86 acres of industrial-zoned land, this property offers immense potential for an investor, or an owner-user looking to expand their business in a growing industrial area with easy access to major transportation routes such as Interstate 40 and Interstate 81.
The Knoxville metro area is centered in the eastern portion of Tennessee and is the state’s third-largest market, after Nashville and Memphis. The metro consists of nine counties: Anderson, Blount, Campbell, Grainger, Knox, Loudon, Morgan, Roane and Union. The local economy is fueled by the University of Tennessee and Great Smoky Mountains tourism. The city of Knoxville is the county seat of Knox County and is home to roughly 198,500 residents.

Data Room Click Here to Access

Property Facts

Price $1,400,000
Price Per SF $46
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Service
  • Industrial Distribution
  • Industrial Manufacturing
  • Industrial Warehouse
Building Class C
Lot Size 2.86 AC
Rentable Building Area 30,573 SF
No. Stories 1
Year Built/Renovated 1968/2019
Tenancy Single
Parking Ratio 0.49/1,000 SF
Clear Ceiling Height 20 FT
No. Dock-High Doors/Loading 8
No. Drive In / Grade-Level Doors 2

Amenities

  • Shallow Bay
  • Storage Space

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
068-010.01
Land Assessment
$21,240
Improvements Assessment
$257,680
Total Assessment
$278,920

zoning

Zoning Code M-1 (Light Industrial zoning)
M-1 (Light Industrial zoning)
  • Listing ID: 31071674

  • Date on Market: 2/28/2024

  • Last Updated:

  • Address: 989 Industrial Park Rd, Dandridge, TN 37725

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