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5907 Rutledge Pike Knoxville, TN 37924

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For Sale
$3,250,000

Commercial space with storage units and development opportunities on 10 acres.

Lot size:
10.00 Acres

Property Features for 5907 Rutledge Pike

General Information

Lot size
10.00 Acres

Source: Realty Executives Associates Agent Jerry J Headrick

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Versatile Commercial Property with Development Potential

This commercial property features a diverse range of opportunities, including a business center constructed by the owner. The property includes a total of 50 storage units housed in two buildings, one spanning 12,000 square feet and the other 4,000 square feet. These units have a history of continuous occupancy since their construction. Additionally, there is a vacant CB zoned lot available for immediate development. The property also includes 5.05 acres zoned RB, allowing for multi-family development at a density of 12 units per acre or more with planning commission approval. This zoning designation is no longer available, streamlining the development process. The location is just outside the city, offering the advantage of lower taxes. The property offers significant potential for various development projects.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Self storage facilities

Suggested Use

Restaurant Spa & Massage Building Supply Wholesale Shop Auto Repair Shop Auto Parts Store Department Store Skin Care Clinic Kitchen & Bath Food Market

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

Location Insight

  • Map
  • Local Demand
City
Knoxville
County
Knox
State
Tennessee
Longitude
-83.84767
Latitude
36.03108

FAQs

What type of property is this?
Self storage facility - Commercial space with storage units and development opportunities on 10 acres.
Where is this self storage facility located?
The property is located at 5907 Rutledge Pike Knoxville, TN.
What is the asking price?
The asking price for this property is $3,250,000.
What are key features of this property?
This property features: - Established business center with 50 storage units in two buildings (12,000 sq ft and 4,000 sq ft) with consistent rental history.; - 5.05 acres zoned RB (Residential Business) allowing for multi-family development at 12 units per acre without planning commission approval.; - Vacant CB (Commercial Business) zoned lot ready for immediate construction.
More about this property
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