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Self-Storage Facility with Land
New
For Sale
$1,250,000

176 Panda Dr, Morristown, TN 37814

The storage operation and undeveloped road-front parcel are available separately or as a combined property.

Property SizeContact for details
Lot Size3.20 Acres
Days on Market2

Property Features for 176 Panda Dr

General Information

Standard status Active
Lot size 3.20 Acres
Property subtype Land

Site & Location

Road Frontage 200 ft
Highway Access Yes
Road Access Yes

Land

Land Use undeveloped, commercial
Subdividable Yes

Amenities

storage facility

Building Details

Year Built 1983
Buildings 1
Listing Agency: NAI Koella RM Moore - Knoxville
Listed By: Justin Sterling · License #305457
Source: Koellamoore
Added: Oct 19 Last Checked: Oct 19 at 2:37PM

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 NAI Koella RM Moore - Knoxville

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Investment Insights

Based on property information with market context.

The property includes a self-storage facility built in 1983, with more than 45 units, alongside undeveloped land. The components may be purchased individually or together.

The front parcel encompasses approximately 1.8 acres and has roughly 200 feet of frontage on W Andrew Johnson Hwy. Behind it, approximately 1.4 acres contain the storage facility. Multiple access points serve the property, which is in Morristown.

Key Highlights

  • Self‑storage facility built in 1983 with over 45 units
  • Approximately 1.4 acres behind the front parcel contain the storage facility
  • Approximately 1.8 acres of undeveloped land at the front

Property Analytics

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Current Use

STOWBOX Storage Solutions ... Storage Facility

Suggested Use

Top Pick Dental Office Grocery & Convenience Store Furniture & Home Goods Carpet & Flooring Store Catering Service Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

167
Businesses Nearby

Demographics for 37814, TN

34,130
Population
15,287
Households
2.2
Avg Household Size
41
Median Age
22%
College-Educated
88%
High-School Grad
43.9 sq mi
ZIP Area
777
Density / Sq Mi
$51,083
Median Household Income
$35,062
Median Earnings
$859
Median Rent
$192,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Self storage facility - The storage operation and undeveloped road-front parcel are available separately or as a combined property.
Where is this self storage facility located?
The property is located at 176 Panda Dr Morristown, TN.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Self‑storage facility built in 1983 with over 45 units; Approximately 1.4 acres behind the front parcel contain the storage facility; Approximately 1.8 acres of undeveloped land at the front
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