Warehouse with Office
144 River Bend Rd, Sevierville, TN 37876
For Sale
Contact for pricing
Industrial warehouse with substantial office build-out, dock and drive-in loading, and fenced storage for operational flexibility.
Property Size37,875 SF
Price / SF$87.52
Days on Market158
Property Features for 144 River Bend Rd
General Information
Standard status
Size
Property subtype
Lease Type
Investment Type
Building Details
Year Built
Year Renovated
Buildings
Stories
Listing Agency:
Altum Commercial
Listed By:
David Stanley · License TN #333590
(865) 680-2003
Source:
Crexi
Added: Jun 9
Changed: Oct 26
Last Checked: Nov 12 at 5:57AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Altum Commercial
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Investment Insights
Based on property information with market context.
144 River Bend Road is a functional industrial property offering warehouse space supported by significant office build-out. The layout is designed to support everyday operations, with both dock and drive-in loading to accommodate a variety of shipping and receiving needs. In addition to the enclosed warehouse area, the property includes a fenced storage yard, providing an extra outdoor area for staging or storage as part of day-to-day activities. The building is presented as ready for immediate occupancy, supporting smooth transitions for qualified tenants or owner-users.
The asset is offered for lease or sale in the Sevierville / East Knoxville market. With loading, storage, and office space already in place, it can support businesses that require more than basic warehouse utility while still maintaining practical industrial functionality.
For tenants and buyers, this property fits well for industrial and distribution users who need a combination of warehouse operations and office space. The presence of dock and drive-in access can help streamline inbound and outbound logistics, while the fenced yard adds flexibility for operational workflows. The seller will consider owner financing or a lease-to-own structure for qualified buyers, which may reduce reliance on conventional lending requirements and broaden financing options.
The asset is offered for lease or sale in the Sevierville / East Knoxville market. With loading, storage, and office space already in place, it can support businesses that require more than basic warehouse utility while still maintaining practical industrial functionality.
For tenants and buyers, this property fits well for industrial and distribution users who need a combination of warehouse operations and office space. The presence of dock and drive-in access can help streamline inbound and outbound logistics, while the fenced yard adds flexibility for operational workflows. The seller will consider owner financing or a lease-to-own structure for qualified buyers, which may reduce reliance on conventional lending requirements and broaden financing options.
Key Highlights
- Industrial/warehouse building built in 1989
- Substantial office build‑out included with the industrial/warehouse space
- Dock and drive‑in loading for efficient receiving and distribution
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$230,491
Cap Rate
6.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,609,820
$4.6M
Cap Rate 7%
$3,292,729
$3.3M
Cap Rate 9%
$2,561,011
$2.6M
Market Conditions
NOI Build-Up for 37,875 SF
Gross rent
$377.2K $9.96/SF
− Vacancy
−$22.6K −$0.60/SF
EGI
$354.6K $9.36/SF
− OpEx
−$124.1K −$3.28/SF
NOI
$230.5K $6.09/SF
Area
Sevier County, TN
Vacancy
6.00%
Lease Rate
$9.96 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,609,820
Cap Rate 7%
$3,292,729
Cap Rate 9%
$2,561,011
Alternative Uses
Best Use
Warehouse
$6.33M
$5.54M – $7.39M
NOI $443,192 @ 7.0% cap · market cap 13.37%
Second Best
Industrial
$5.21M
$4.56M – $6.08M
NOI $364,982 @ 7.0% cap · market cap 11.01%
Theoretical Best
Office A
$15.97M
$13.98M – $18.63M
NOI $1,118,070 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
13
Businesses Nearby
Well-served
Demand for This Use
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Business Placement
Demographics for 37876, TN
32,866
Population
18,206
Households
1.8
Avg Household Size
45
Median Age
22%
College-Educated
89%
High-School Grad
186.8 sq mi
ZIP Area
176
Density / Sq Mi
$58,513
Median Household Income
$33,603
Median Earnings
$997
Median Rent
$257,800
Median Home Value
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Industrial warehouse with substantial office build-out, dock and drive-in loading, and fenced storage for operational flexibility.
Where is this flex space located?
The property is located at 144 River Bend Rd Sevierville, TN.
What is the asking price?
The asking price for this property is $3,315,000.
What are key features of this property?
This property features: Industrial/warehouse building built in 1989; Substantial office build‑out included with the industrial/warehouse space; Dock and drive‑in loading for efficient receiving and distribution
