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.
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Additional Details
| Nearest MSA: |
Morristown |
| County: |
Claiborne |
| Taxing Authority: |
Claiborne County |
| Tax ID/APN: |
013095 09500 |
| Zoning: |
INDUSTRIAL |
| Total Number of Buildings: |
2 |
| Number of Stories: |
1 |
| Property Condition: |
Good |
| Parking Type: |
Surface, Other |
Demographic Statistics
| Proximity: |
3 miles |
5 miles |
| Total Population: |
7,662 |
12,609 |
| Median Age: |
41.14 |
41 |
| Households: |
3,088 |
5,072 |
|
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