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    124 Austin St Greeneville, TN 37745

    For Sale
    $1,525,000

    Spacious warehouse, 4+ acres, prime location.

    Property size:
    142,068 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional Greeneville, TN commercial property presents a significant investment opportunity. Boasting over 142,000 square feet of space on a 4.14-acre lot, this facility offers immense potential for various industrial uses, including manufacturing or warehousing. Previously a thriving operation, the property retains some existing equipment and industrial items. The expansive layout includes large storage rooms, multiple conference rooms, substantial floor space ideal for production or storage, and several private offices. Convenient access is provided by two loading docks (one at ground level) and a freight elevator, ensuring efficient material handling. The property benefits from three-phase electric service, primarily underground, enhancing reliability and safety. Its strategic location offers ingress from Jefferson Street and includes a deeded right-of-way on Luke Street, providing multiple access points. Further enhancing its appeal, this property is designated a Qualified HUB Zone. The sale will be conducted via a Special Warranty Deed, "as is," with all due diligence expenses to be borne by the buyer. This is a rare opportunity to acquire a substantial industrial property in a desirable location. The property's size, features, and location make it an attractive prospect for businesses seeking expansion or relocation.

    Property Features for 124 Austin St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    142,068 SF
    Lot Size
    180,338 SF

    Building Details

    Year Built
    1960
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    District Attorney General's ... District Attorney Greene County Child ... Social Services Organization Maxim Healthcare Services ... Nursing Agency

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Greeneville
    County
    Greene
    State
    Tennessee
    Longitude
    -82.81915
    Latitude
    36.17155

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    FAQs

    What type of property is this?
    Commercial real estate - Spacious warehouse, 4+ acres, prime location.
    Where is this commercial real estate located?
    The property is located at 124 Austin St Greeneville, TN.
    What is the asking price?
    The asking price for this property is $1,525,000.
    (423) 787-0040
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    124 Austin St Greeneville, TN 37745
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    Greeneville, TN 37745
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    124 Austin St Greeneville, TN 37745
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