LARGE WAREHOUSE WITH RAIL AND NEAR INTERSTATE
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Property Type:
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Industrial
for Sale
Cold Storage, Flex Space, Food Processing, Free-Standing, Industrial-Business Park, Manufacturing, Mixed Use, Net Leased, Self Storage, Truck Terminal, Warehouse/Distribution, Other, General
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| Building Size (RSF): |
216,944 SF
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| Sale Price: |
$1,499,000 |
| Unit Price: |
$6.91 Per SF |
| Property Status: |
Existing |
| Total Land Size: |
8.4 Acres |
| Sale Terms: |
Cash to Seller, Other |
| Last Updated: |
9/2/2010 |
Property Description:
Former Cooke Manufacturing Building. This property is in the heart of the industrialized section of Cleveland, Tennessee. The total property is 8.4 acres with over 200,000 square feet for either manufacturing or distribution. Formerly serving as a furniture factory, it has three phase electric, wet sprinkler system, and 20 dock doors. The zoning is industrial heavy for almost limitless uses. On the north end of the main building are three acres that can be used to build another 100,000 square foot warehouse. Because property values are steadily increasing, it would be less expensive to build in the future because the vacant land is already available. In addition to the main building there is a large garage and shop for servicing vehicles. There is an additional three acres owned by the railroad company.
Location Description: It is less than 4 miles from Interstate 75 and Highway 11 and less than a mile from Highways 64 and 74. Interstate highways 24 and 59 are within 30 minutes and Interstate 40 is an hour away. Cleveland, Tennessee is less than a day' s drive from 60% of the U.S. population. % Office Space: 5% No. Dock High Doors: 20 Rail: Yes Trailer Parking: Yes Additional Types: Manufacturing Heating: gas Highlights " Zoned Industrial Heavy for versatile use " 200,000+ square feet of warehouse space. " Three phase electrical, 480 volt, 4000 amps " Rail spur (inactive, but easily activated) " Convenient to I-75, Highway 11, 74, 64 " Space can be easily subdivided if necessary.
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| Tenancy: |
Multiple Tenants |
| Percent Occupied: |
40% |
| Nearest MSA: |
Cleveland |
| County: |
Bradley |
| Submarket Type: |
Central Business District |
| Property Use Type: |
Investment, Vacant/Owner-User, Business |
| Zoning: |
M1 |
| Overhead Cranes: |
0 |
2000 CensusDemographic Statistics |
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
6,227 |
33,186 |
54,567 |
| Median Age: |
31 |
33 |
34 |
| Households: |
2,560 |
13,529 |
21,794 |
| Avg. Household Income: |
$25,991 |
$36,576 |
$41,573 |
| More Demographic Statistics |
For More Information, Contact… |
| Note: The information presented herein is provided as is, without warranty of any kind. Neither Tennessee Valley Commercial Listing Service nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.
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