265 Warehouse RdMorrison, TN 37357

  • Other commercial real estate
  • 40,000 SF
For Sale
$2,280,000 View listing

Property Details for 265 Warehouse Rd

Year built
1999
Construction
FRAME
Lot size
5.62 AC
Property size (Sq ft)
40,000 SF
Property type
Other commercial real estate
APN
089097 00513
APU
8909700513

Description

This exceptional investment opportunity presents a 40,000-square-foot warehouse situated on a 4-acre lot in Morrison, Tennessee, at 265 Warehouse Rd, zip code 37357. Built in 2003, this vacant industrial property boasts two units and is zoned CI, offering significant flexibility for various uses. The warehouse features four loading docks and two dock-high doors, ensuring efficient loading and unloading operations. Ceiling heights vary, with 15,000 square feet offering 20-foot clearance and 25,000 square feet providing 24-foot clearance. This spacious layout is easily divisible, making it ideal for multiple tenants or a single large operation. The property's ample size and strategic location in Warren County, Tennessee, present a compelling investment opportunity for service, light industrial, or warehousing businesses. The asking price is $2,280,000. While previously leased, the property is currently vacant and ready for immediate occupancy.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $9,683,646
    Hospitality
    $8,870,167
    Educational
    $7,379,875
    Medical
    $7,633,680
    Retail
    $11,479,806
265 Warehouse Rd, Morrison, Tennessee

Location Insight

City
Morrison
County
Warren
State
Tennessee
Latitude
35.6164
Longitude
-85.8981
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
-
$22,480
$177,960
$200,440
-
$56,200
$444,900
$501,100

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