Cross Park Building D First Floor Condo Unit D-125
Office
for Sale
| Catylist Listing ID: |
30844976 |
| Property Subtypes: |
Business Park, Office Building
|
| Condo? |
Yes |
| Building Size (RSF): |
6,105 SF
|
| Gross Building Area: |
See Agent |
| Sale Price: |
$661,080 |
| Property Use Type: |
Investment, Vacant/Owner-User |
| Building Name: |
Cross Park Plaza Building D |
| Class of Space: |
Class B |
| Usable Size (USF): |
5,509 SF |
| Sale Terms: |
Cash to Seller, Purchase Money Mortgage |
| Cap Rate: |
Undisclosed |
| Last Updated: |
9/28/2023 |
Overview / Comments
Whether you're an established business owner or an aspiring entrepreneur, this office condo unit is the ideal investment opportunity. Save on rent and build equity without the hassle of facility maintenance, which is all handled by the condo association (COA dues information available on request). Three first floor condo units, occupied through February 29, 2023, are currently being marketed for sale. These units can be purchased separately or together for a full-floor user, or you can own one/rent the other. Two of three units have undergone recent renovations. All units feature their own break room and private restrooms with a mix of office/open area and conference rooms.
Building D is located within the five-building complex known as Cross Park Plaza, home to AMS, and a variety of law firms and professional services. Convenient access off the Cedar Bluff exit in West Knoxville means you can be in Papermill or Farragut in 10 minutes. There is ample parking throughout the entire development, as well as covered spots and car-charging stations. Covered patios with picnic tables, a courtyard greenspace between the buildings, and walking trails throughout the complex provide plenty of spots for employees to take breaks. Within Cedar Bluff, this building is convenient to restaurants, hotels, banking, and the post office.
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Additional Details
| Nearest MSA: |
Knoxville |
| County: |
Knox |
| Taxing Authority: |
City of Knoxville/Knox County |
| Tax ID/APN: |
119 03312 |
| Is Condo?: |
Yes |
| Zoning: |
OP |
| Property Located Between: |
Park Village Rd and Cross Park Dr |
| Property Visibility: |
Excellent |
| Highway Access: |
Located two blocks from Interstate 40. |
| Airports: |
Less than 20 miles from McGhee Tyson Airport |
| Site Description: |
FROM I-40, EXIT CEDAR BLUFF ROAD NORTH, TURN RIGHT ONTO CROSS PARK DRIVE, CROSS PARK PLAZA ON THE LEFT. |
| Area Description: |
Convenient to both the Papermill and Farragut areas (both 10 min away) for easy commute with plenty of restaurant and retail amenities convenient for lunch breaks, meetings, shipping and mailing services, and supplies. |
| Total Number of Buildings: |
5 |
| Number of Stories: |
2 |
| Typical SF / Floor: |
25,000 SF |
| Year Built: |
1980 |
| Year Renovated: |
2021 |
| Roof Type: |
Flat |
| Construction/Siding: |
Stucco |
| Exterior Description: |
Two-story building with bright blue awnings covering exterior stairwells, mature landscaping and florals, electric charging stations, solar panels providing covered parking, and sidewalks throughout the development. |
| Parking Ratio: |
4 (per 1000 SF) |
| Parking Type: |
Surface |
| Sprinklers: |
None |
| Heat Type: |
Electricity |
| Heat Source: |
Central |
| Air Conditioning: |
Package Unit |
| Internet Access: |
Cable, Fiber Optic |
| Zoning Description: |
OP |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
6,812 |
72,126 |
136,344 |
| Median Age: |
33.28 |
38.07 |
37.93 |
| Households: |
3,355 |
31,004 |
56,672 |
|
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