204 Red RdMcMinnville, TN 37110

  • Industrial properties
  • 266,131 SF
For Lease
$6.95/SF/YR View listing

Property Details for 204 Red Rd

Year built
1959
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
20.00 AC
Property size (Sq ft)
266,131 SF
Property type
Industrial properties
Property subtype
Manufacturing properties
APN
089058P G 01700
APU
089058PG01700

Description

This exceptional 272,000-square-foot industrial property in McMinnville, Tennessee, presents a unique opportunity. Located at 204 Red Rd, zip code 37110, this single-tenant facility boasts a versatile layout ideal for flex, manufacturing, or warehouse operations. Currently, 32,550 square feet are available for lease, commencing February 1, 2025. The space includes a substantial 24,200-square-foot warehouse and 8,350 square feet of recently upgraded office space. Access is facilitated by one drive-in door and one loading dock. The property also features a significant one-acre lay-down yard, perfect for outdoor storage and equipment. Built in 1959 and extensively renovated in 2023, this property benefits from a new HVAC system, a new roof, energy-efficient LED lighting, and an upgraded wet sprinkler system. The building offers an impressive 18-foot ceiling height and ample parking with 626 spaces. The property sits on 20 acres of land and boasts substantial power capacity at 15,000 amps (heavy). This prime location offers easy access to major transportation routes, making it an attractive option for businesses seeking efficient logistics and operations. Don't miss this chance to secure a state-of-the-art industrial space in a thriving Tennessee market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $64,427,960
    Hospitality
    $59,015,664
    Educational
    $49,100,340
    Medical
    $50,788,976
    Retail
    $76,378,304
204 Red Rd, McMinnville, Tennessee

Location Insight

City
Mcminnville
County
Warren
State
Tennessee
Latitude
35.6926
Longitude
-85.7602
CBSA code
32660
CBSA name
MCMINNVILLE, TN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
0
-
$65,600
$1,487,360
$1,552,960
-
$164,000
$3,718,400
$3,882,400

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