Flexible Warehouse-Production
2409 Sycamore Dr Knoxville, TN 37921
2409 Sycamore Dr, Knoxville, TN, 37921
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For Sale
Contact for pricing
Heated and cooled flex warehouse-production facility with heavy electrical, sprinklers, and multiple loading and service doors.
Property Size26,200 SF
Price / SF$100
Days on Market136
Property Features for 2409 Sycamore Dr
General Information
- Standard status
- Active
- Size
- 26,200 SF
- Property subtype
- INDUSTRIAL
Listing agency
Wallace Commercial
(865) 660-0975
Listed by
Jim Simpson, CCIM
(865) 660-0975
Source
Moodyscre
Added: Mar 10 Updated: Jul 22 at 12:37PM Checked: Jul 22 at 12:37PM
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 Wallace Commercial
Investment Insights
Based on property information with market context.
This flexible warehouse-production facility is fully heated and cooled throughout. The building is equipped with heavy electrical service and is fully sprinklered, with ceiling heights ranging from 12' to 22'. Loading and access include an 8' x 12' drive-in door, an 8' x 8' dock high door, and a 7' x 12' (wide) service door, along with upper level storage areas. A conference/training area is also included.
The industrial park location is convenient to I-640, I-40, and I-75. Tenant must verify all measurements and other statements.
The industrial park location is convenient to I-640, I-40, and I-75. Tenant must verify all measurements and other statements.
Key Highlights
- Heated and cooled warehouse‑production facility throughout
- Heavy electrical service and fully sprinklered for fire protection
- Ceiling heights range from 12' to 22'
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $377.3k | $14.40 |
| − Vacancy | −$26.4k | −$1.01 |
| EGI | $350.9k | $13.39 |
| − OpEx | −$122.8k | −$4.69 |
| NOI | $228.1k | $8.70 |
26,200 SF · lease $14.40/SF/yr · vacancy 7.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$3.26M
$2.85M – $3.80M
NOI $228,066 @ 7.0% cap · market cap 8.70%
Second Best
Warehouse
$3.25M
$2.84M – $3.79M
NOI $227,288 @ 7.0% cap · market cap 8.68%
Theoretical Best
Office A
$6.49M
$5.68M – $7.57M
NOI $454,245 @ 7.0% cap · market cap 17.34%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Carbon Rivers, Inc.
Research And Product Development
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Similar Off Market Nearby
- Firehouse Subs Northwest Plaza — 4419 Western Ave #101, Knoxville, TN 37921
FAQs
What type of property is this?
Flex space - Heated and cooled flex warehouse-production facility with heavy electrical, sprinklers, and multiple loading and service doors.
Where is this flex space located?
The property is located at 2409 Sycamore Dr Knoxville, TN.
What is the asking price?
The asking price for this property is $2,620,000.
What are key features of this property?
This property features: Heated and cooled warehouse‑production facility throughout; Heavy electrical service and fully sprinklered for fire protection; Ceiling heights range from 12' to 22'
