This exceptional 57,680-square-foot warehouse, situated in the Phipps Bend Industrial Park in Surgoinsville, Tennessee, presents a significant opportunity for businesses seeking a prime location. Built in 2011, this single-story building boasts a 22-foot ceiling height, providing ample vertical space for various industrial operations. The property features three dock-high doors and two drive-in doors, ensuring efficient loading and unloading capabilities. A robust 4000 amp service at 480 volts powers the facility. The warehouse sits on approximately 3.6 acres (parcel replatting in progress) within the second-largest industrial park in Northeast Tennessee, a thriving hub of manufacturing activity. Neighboring businesses include established national manufacturers such as Contour Glass, Miyake Forging North America, Cooper Standard Automotive, Techni-Glass, and Ware Manufacturing, along with several new multi-million dollar companies commencing construction. The convenient location also benefits from proximity to a Tennessee College of Applied Technology (TCAT) campus. This property is currently vacant and available for sale or lease (lease details available separately). The property is ideally suited for a variety of industrial uses. Please schedule a showing to explore this exceptional opportunity.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$31,411,734
Hospitality
$28,772,978
Educational
$23,938,780
Medical
$24,762,072
Retail
$37,238,104
Location Insight
City
Surgoinsville
County
Hawkins
State
Tennessee
Latitude
36.4772
Longitude
-82.8147
CBSA code
28700
CBSA name
KINGSPORT-BRISTOL-BRISTOL, TN-VA METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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