2401 Dutch Valley DrKnoxville, TN 37918

  • Industrial properties
  • 117,200 SF
For Sale
$4,300,000 View listing

Property Details for 2401 Dutch Valley Dr

Lot size
4.36 AC
Property size (Sq ft)
117,200 SF
Property type
Industrial properties
Property subtype
Other warehouses

Description

This exceptional investment opportunity presents a +/- 117,200 square foot multi-tenant industrial building situated on a 4.359-acre lot in Knoxville, Tennessee. Located at 2401 Dutch Valley Dr, 37918, this property boasts excellent visibility from I-640, enjoying high traffic counts averaging 89,826 vehicles daily. The building is zoned Mixed-Use Industrial, offering considerable flexibility for future development or tenant diversification. Currently, a significant portion of the space is utilized as self-storage, complemented by a diverse tenant mix including a furniture warehouse, sports training facility, and a gym. The current blended occupied rental rate is $2.87 per square foot, significantly below the CoStar market rate of $8.33 per square foot, presenting a substantial opportunity to increase rental income and overall return on investment. The asking price is $4,300,000, translating to a land value of approximately $37 per square foot. This property offers a compelling combination of strong location, diverse tenancy, and significant upside potential for savvy investors seeking a high-return industrial asset in a thriving Knoxville market. The property's size and zoning provide ample room for expansion or redevelopment, catering to a wide range of potential uses.

2401 Dutch Valley Dr, Knoxville, Tennessee

Location Insight

City
Knoxville
County
Knox
State
Tennessee
Latitude
36.0173
Longitude
-83.9269

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].