Manufacturing Facility with Heavy
For Sale
$6,500,000
1709 Henry G Lane St, Maryville, TN 37801
Manufacturing facility with IND zoning, office space, loading access, and additional land on a substantial industrial site.
Property Size59,925 SF
Lot Size9.90 Acres
Price / SF$108.47
Days on Market49
Property Features for 1709 Henry G Lane St
General Information
Standard status
Active
Size
59,925 SF
Lot size
9.90 Acres
Property subtype
Industrial
Zoning
IND
Warehouse & Industrial
Clear Height
26 ft
Office Build-Out
5,000 SF
Dock-High Doors
3
Drive-In Doors
2
Heavy Power
Yes
Sprinkler System
Yes
Building Details
Building Size
59,925 SF
Year Built
1978
Listing Agency:
SVN I Wood Properties
Listed By:
Jack Jobe · License #TN #369212
(865) 206-6032
Source:
Svn
Added: Aug 20
Changed: Oct 5
Last Checked: Oct 7 at 10:45AM
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 SVN I Wood Properties
Investment Insights
Based on property information with market context.
The property comprises a 59,925-square-foot manufacturing facility on approximately 9.9 acres at 1709 Henry G Lane St in Maryville, Tennessee. Built in 1978, the building includes roughly 5,000 square feet of office space, ceiling heights ranging from 18 to 26 feet, wet sprinkler coverage, and heavy power. Loading infrastructure includes three dock-high doors and two drive-in doors.
The site is identified as IND zoning and includes additional land beyond the existing improvements. The property is located in Maryville within the Knoxville MSA, providing a substantial industrial footprint for manufacturing operations or warehouse-oriented use.
The site is identified as IND zoning and includes additional land beyond the existing improvements. The property is located in Maryville within the Knoxville MSA, providing a substantial industrial footprint for manufacturing operations or warehouse-oriented use.
Key Highlights
- 59,925‑square‑foot manufacturing facility on approximately 9.9 acres
- 18'-26' ceiling heights throughout the facility
- Heavy power and wet sprinkler system
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$313,233
Cap Rate
4.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,264,660
$6.3M
Cap Rate 7%
$4,474,757
$4.5M
Cap Rate 9%
$3,480,367
$3.5M
Market Conditions
NOI Build-Up for 59,925 SF
Gross rent
$388.3K $6.48/SF
− Vacancy
−$19.8K −$0.33/SF
EGI
$368.5K $6.15/SF
− OpEx
−$55.3K −$0.92/SF
NOI
$313.2K $5.23/SF
Area
Blount County, TN
Vacancy
5.10%
Lease Rate
$6.48 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,264,660
Cap Rate 7%
$4,474,757
Cap Rate 9%
$3,480,367
Alternative Uses
Best Use
Warehouse
$4.47M
$3.92M – $5.22M
NOI $313,233 @ 7.0% cap · market cap 4.82%
Second Best
Industrial
$3.69M
$3.22M – $4.30M
NOI $257,957 @ 7.0% cap · market cap 3.97%
Theoretical Best
Office A
$24.13M
$21.11M – $28.15M
NOI $1,688,792 @ 7.0% cap · market cap 25.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
26 ft
Clear height
3
Dock-high doors
2
Drive-in doors
Yes
Heavy power
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
229
Businesses Nearby
Explore this area
Business Placement
Demographics for 37801, TN
28,822
Population
12,254
Households
2.4
Avg Household Size
42
Median Age
25%
College-Educated
89%
High-School Grad
69.4 sq mi
ZIP Area
415
Density / Sq Mi
$70,814
Median Household Income
$45,296
Median Earnings
$1,061
Median Rent
$268,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Manufacturing property - Manufacturing facility with IND zoning, office space, loading access, and additional land on a substantial industrial site.
Where is this manufacturing property located?
The property is located at 1709 Henry G Lane St Maryville, TN.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: 59,925‑square‑foot manufacturing facility on approximately 9.9 acres; 18'-26' ceiling heights throughout the facility; Heavy power and wet sprinkler system
