80,000 SF Warehouse & Large Wholesale Mulch Business On 11 Acres

Industrial for Sale
Catylist Listing ID: 30791684
Property Subtypes: Cold Storage, Flex Space, Food Processing, Free-Standing, Industrial-Business Park, Manufacturing, Mixed Use, Light Industrial, Research & Development, Self Storage, Truck Terminal, Warehouse/Distribution, Other
Building Size (RSF): 79,450 SF
Gross Building Area: See Agent
Sale Price: $2,449,000
Unit Price: $30.82 PSF
Ceiling: 16 ft.
Docks/Doors: 5 Docks
Property Use Type: Investment, Vacant/Owner-User, Business
Building Name: Brooks Furniture
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 12/11/2023

Overview / Comments

Hard to find 80,000 SF warehouse and distribution with Multiple dock doors situated on 11.3 acres. New Tazewell is a Tennessee Business Friendly community offering business owners and operators some of the areas finest tranquil settings with access to outdoor water sports on the chain of nearby Norris Lake. Also included in this sale is a highly profitable Wholesale Mulch Business! Great for light manufacturing, warehousing and other. Historically the building has been owned and operated by Brooks Furniture as their large distribution center. In connection with the real estate is a highly profitable wholesale mulch business with trending year over year sales increases topping 20%. Large level concrete pad provides for a superior mulch product. The business is a very desirable operation with repurposing of pallets, timber and commodity supply at competitive costing. The property is also equipped with a service garage for all vehicle maintenance for the operation of the various entities. All of these attributes make this a very desirable manufacturing and industrial investment for business owners and investors.

Additional Details

Nearest MSA: Morristown
County: Claiborne
Taxing Authority: Claiborne County
Tax ID/APN: 013095 09500
Total Number of Buildings: 2
Number of Stories: 1
Property Condition: Good
Parking Type: Surface, Other

View FullscreenMap

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 7,662 12,609
Median Age: 41.14 41
Households: 3,088 5,072
© Copyright 2001-2023 Moody's. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither East Tennessee Realtors nor Moody's assume any liability for errors or omissions.