125 Industrial DrSurgoinsville, TN 37873

  • Manufacturing properties
  • 113,418 SF
For Sale
$2,499,000 View listing

Property Details for 125 Industrial Dr

Year built
1989
Construction
FRAME
Lot size
4.29 AC
Property size (Sq ft)
113,418 SF
Property type
Manufacturing properties
APN
037066 08003
APU
3706608003

Description

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

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
-
$17,160
$940,840
$958,000
-
$42,900
$2,352,100
$2,395,000

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