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Harriman Industrial Property with Yard
For Sale
$349,000

325 Fairchild Street, Harriman, TN 37748

Industrial property with fenced yard and vehicle storage area.

Property Size2,480 SF
Days on Market320

Property Features for 325 Fairchild Street

General Information

Standard status Active
Size 2,480 SF
Property subtype Industrial

Building Details

Building Size 2,480 SF
Year Built 1967
Listing Agency: NAI Koella RM Moore - Knoxville
Listed By: Sam Tate, CCIM · License #TN #207699
Source: Koellamoore
Added: Nov 21, 2025 Changed: Oct 7 Last Checked: Oct 7 at 8:48AM

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

Investment Insights

Based on property information with market context.

This industrial property, occupied by AT&T since 1967, features a large, fenced yard area on 2.31 total acres. The property includes a 4,368 square foot metal canopied vehicle storage area, a 1,000 square foot detached rear shed with a truckwell and leveler, a 2,080 square foot brick masonry office building (52' x 40'), and a 400 square foot brick masonry supply warehouse (20' x 20'). The property is located on Fairchild Street off Roane Street in Harriman, Tennessee.

Key Highlights

  • Long‑term tenant: AT&T has occupied the premises since 1967.
  • Large, fenced yard area on 2.31 total acres.
  • Substantial vehicle storage: 4,368 SF metal canopied area.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,514
Cap Rate
6.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$430,280 $430.3K
Cap Rate 7%
$307,343 $307.3K
Cap Rate 9%
$239,044 $239.0K
Market Conditions
NOI Build-Up for 2,480 SF
Gross rent
$26.8K $10.80/SF
− Vacancy
−$1.5K −$0.59/SF
EGI
$25.3K $10.21/SF
− OpEx
−$3.8K −$1.53/SF
NOI
$21.5K $8.68/SF
Area
Roane County, TN
Vacancy
5.50%
Lease Rate
$10.80 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$430,280
Cap Rate 7%
$307,343
Cap Rate 9%
$239,044

Alternative Uses

Best Use
Warehouse
$307.3K
$268.9K – $358.6K (±1% cap)
NOI $21,514 @ 7.0% cap · market cap 6.16%
Second Best
Industrial
$237.8K
$208.1K – $277.4K (±1% cap)
NOI $16,645 @ 7.0% cap · market cap 4.77%
Theoretical Best
Office A
$614.2K
$537.5K – $716.6K (±1% cap)
NOI $42,997 @ 7.0% cap · market cap 12.32%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Warehouses

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Building Supply Storage Facility Garden Center

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

Location Intelligence

Trade Area within ½ mile

164
Businesses Nearby
Balanced
Demand for This Use

Demographics for 37748, TN

17,227
Population
8,208
Households
2.1
Avg Household Size
45
Median Age
20%
College-Educated
87%
High-School Grad
106.6 sq mi
ZIP Area
162
Density / Sq Mi
$58,649
Median Household Income
$40,155
Median Earnings
$760
Median Rent
$173,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Similar Off Market Nearby

  • Security Storage System — 1019 S Roane St, Harriman, TN 37748

Frequently Asked Questions

What type of property is this?
Warehouse - Industrial property with fenced yard and vehicle storage area.
Where is this warehouse located?
The property is located at 325 Fairchild Street Harriman, TN.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: Long‑term tenant: AT&T has occupied the premises since 1967.; Large, fenced yard area on 2.31 total acres.; Substantial vehicle storage: 4,368 SF metal canopied area.
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