104 Wheeler StPortland, TN 37148

  • Industrial properties
  • 32,597 SF
For Sale
$1,725,000 View listing

Property Details for 104 Wheeler St

Year built
1978
Lot size
5.02 AC
Property size (Sq ft)
32,597 SF
Property type
Industrial properties
Property subtype
Manufacturing properties
APN
083033A E 01001
APU
083033AE01001

Description

This exceptional Portland, TN property offers a substantial 37,305+/- square foot warehouse facility situated on a generous 5.02-acre lot. The building boasts 4,208+/- square feet of dedicated office space, perfectly complementing the expansive warehouse area. Recent upgrades include a modernized electrical service entrance (2021) featuring heavy power (3000A 480V with 3-phase electrical power), ensuring ample capacity for demanding operations. The warehouse itself is equipped for efficient material handling, featuring two 8'x8' and one 8'x9' dock doors, a 14'x14' drive-in door, mechanical levelers, and a 5-ton crane. Clearance height ranges from 17' to 20', providing ample vertical space. Climate control is ensured with existing HVAC in the warehouse. Further enhancing the property's functionality, a sewer upgrade to the street was completed in 2022. The property's zoning designation is IR, and its location within an Opportunity Zone presents potential tax advantages for qualified investors. Its strategic location offers easy access to Highway 109 and I-65, providing excellent connectivity for regional and national distribution. While ideally suited for an injection molding company seeking expansion, this versatile property also presents opportunities for machine shops and fabrication businesses. This is a rare opportunity to acquire a well-maintained, extensively equipped warehouse in a prime location. The asking price is $1,725,000.

104 Wheeler St, Portland, Tennessee

Location Insight

City
Portland
County
Sumner
State
Tennessee
Latitude
36.5825
Longitude
-86.5143
CBSA code
34980
CBSA name
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN 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
2023
$10,103
$73,880
$222,200
$296,080
-
$184,700
$555,500
$740,200

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