Industrial Warehouse with
New
For Sale
Contact for pricing
200 S C St, Lenoir City, TN 37771
Drive-in and dock access, suspended gas heat, and a small rear yard serve a range of industrial operations.
Property Size8,500 SF
Price / SF$88.24
Days on Market6
Property Features for 200 S C St
General Information
Standard status
Active
Size
8,500 SF
Property subtype
INDUSTRIAL
Zoning
M-2
Site & Location
Highway Access
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Dock-High Doors
1
Drive-In Doors
1
Power
200 amps
Three-Phase Power
No
Conditioned Warehouse
No
Building Details
Building Size
8,500 SF
Listing Agency:
Furrow Strickland Real Estate Services
Listed By:
Wes Cate
(865) 521-7500
Source:
Moodyscre
Added: Oct 12
Changed: Oct 15
Last Checked: Oct 16 at 6:28AM
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 Furrow Strickland Real Estate Services
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Investment Insights
Based on property information with market context.
This 8,500 SF warehouse in downtown Lenoir City has an 18' center height, 16' eaves, a 6" concrete floor, and a 14' x 14' drive-in door. A 3' high dock is served by a 9' tall x 8' wide loading door. Electrical service is 200-amp single-phase, with potential to add three-phase power. Three suspended gas heaters provide heat; the building is not air conditioned. An elevated 14' x 8' room and a small rear yard round out the property’s features.
Zoned M-2 Heavy Industrial, the facility is described as suitable for manufacturing, fabrication, contractor operations, warehousing, distribution, and equipment storage. Its downtown location provides access to I-75, I-40, and Highway 321, connecting the property with Lenoir City, Loudon County, and West Knoxville.
Zoned M-2 Heavy Industrial, the facility is described as suitable for manufacturing, fabrication, contractor operations, warehousing, distribution, and equipment storage. Its downtown location provides access to I-75, I-40, and Highway 321, connecting the property with Lenoir City, Loudon County, and West Knoxville.
Key Highlights
- 8,500 SF warehouse zoned M‑2 Heavy Industrial
- 18' center height and 16' eaves
- 14' x 14' drive‑in door and 9' tall x 8' wide loading door at a 3' high dock
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,049
Cap Rate
7.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,140,980
$1.1M
Cap Rate 7%
$814,986
$815.0K
Cap Rate 9%
$633,878
$633.9K
Market Conditions
NOI Build-Up for 8,500 SF
Gross rent
$86.7K $10.20/SF
− Vacancy
−$5.2K −$0.61/SF
EGI
$81.5K $9.59/SF
− OpEx
−$24.4K −$2.88/SF
NOI
$57.0K $6.71/SF
Area
Loudon County, TN
Vacancy
6.00%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,140,980
Cap Rate 7%
$814,986
Cap Rate 9%
$633,878
Alternative Uses
Best Use
Warehouse
$1.05M
$921.7K – $1.23M
NOI $73,738 @ 7.0% cap · market cap 9.83%
Second Best
Industrial
$815.0K
$713.1K – $950.8K
NOI $57,049 @ 7.0% cap · market cap 7.61%
Theoretical Best
Office A
$2.11M
$1.84M – $2.46M
NOI $147,370 @ 7.0% cap · market cap 19.65%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
1
Dock-high doors
1
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
356
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 37771, TN
16,822
Population
7,573
Households
2.2
Avg Household Size
40
Median Age
19%
College-Educated
86%
High-School Grad
50.1 sq mi
ZIP Area
336
Density / Sq Mi
$62,338
Median Household Income
$33,330
Median Earnings
$946
Median Rent
$236,700
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
Similar Off Market Nearby
- Bank St.Storage — Nelson St, Lenoir City, TN 37771
- Storage Wizard — 315 US-321, Lenoir City, TN 37772
Frequently Asked Questions
What type of property is this?
Warehouse - Drive-in and dock access, suspended gas heat, and a small rear yard serve a range of industrial operations.
Where is this warehouse located?
The property is located at 200 S C St Lenoir City, TN.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 8,500 SF warehouse zoned M‑2 Heavy Industrial; 18' center height and 16' eaves; 14' x 14' drive‑in door and 9' tall x 8' wide loading door at a 3' high dock
