Industrial Facility with Drive-In
For Sale
Contact for pricing
3275 Newport Hwy Suite 5, Sevierville, TN 37876
I-1 zoned industrial building offers warehouse efficiency plus two-story office space on 0.8 acres.
Property Size14,800 SF
Price / SF$121.55
Days on Market207
Property Features for 3275 Newport Hwy Suite 5
General Information
Standard status
Active
Size
14,800 SF
Property subtype
INDUSTRIAL
Listing Agency:
CBRE, Inc.
(865) 719-5703
Listed By:
Brian H. Tapp, SIOR, CCIM · License #351092
(865) 719-5703
Source:
Moodyscre
Added: Jan 6
Changed: Jul 31
Last Checked: Jul 31 at 8:04AM
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 CBRE, Inc.
Investment Insights
Based on property information with market context.
This 14,800 SF industrial facility combines warehouse efficiency with office flexibility. The building includes 8,400 SF of warehouse space with ceiling heights of 19'–22'10", five drive-in doors, and 600-amp, 3-phase power. A 6,400 SF, two-story office component supports administrative, sales, or training use.
The property is situated along Newport Highway between Sevierville and Newport. It sits on 0.8 acres and is zoned I-1, offering a layout suited to owner-occupancy within Sevier County’s industrial market.
Overall, the mix of warehouse area, multiple drive-in doors, and a dedicated two-story office footprint supports operations that benefit from on-site staff and functional space separation.
The property is situated along Newport Highway between Sevierville and Newport. It sits on 0.8 acres and is zoned I-1, offering a layout suited to owner-occupancy within Sevier County’s industrial market.
Overall, the mix of warehouse area, multiple drive-in doors, and a dedicated two-story office footprint supports operations that benefit from on-site staff and functional space separation.
Key Highlights
- 14,800 SF industrial facility with 8,400 SF warehouse and 6,400 SF two‑story office
- Warehouse ceiling heights of 19'–22'10"
- Five drive‑in doors
Financial Insights For Industrial
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 | $213.1k | $14.40 |
| − Vacancy | −$9.4k | −$0.63 |
| EGI | $203.7k | $13.77 |
| − OpEx | −$61.1k | −$4.13 |
| NOI | $142.6k | $9.64 |
14,800 SF · lease $14.40/SF/yr · vacancy 4.40% · expense 30.00%
Alternative Uses
Best Use
Office B
$3.00M
$2.62M – $3.50M
NOI $209,710 @ 7.0% cap · market cap 11.66%
Second Best
Warehouse
$2.47M
$2.16M – $2.89M
NOI $173,181 @ 7.0% cap · market cap 9.63%
Theoretical Best
Office A
$6.24M
$5.46M – $7.28M
NOI $436,896 @ 7.0% cap · market cap 24.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
38
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 37876, TN
32,866
Population
18,206
Households
1.8
Avg Household Size
45
Median Age
22%
College-Educated
89%
High-School Grad
186.8 sq mi
ZIP Area
176
Density / Sq Mi
$58,513
Median Household Income
$33,603
Median Earnings
$997
Median Rent
$257,800
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - I-1 zoned industrial building offers warehouse efficiency plus two-story office space on 0.8 acres.
Where is this flex space located?
The property is located at 3275 Newport Hwy Suite 5 Sevierville, TN.
What is the asking price?
The asking price for this property is $1,799,000.
What are key features of this property?
This property features: 14,800 SF industrial facility with 8,400 SF warehouse and 6,400 SF two‑story office; Warehouse ceiling heights of 19'–22'10"; Five drive‑in doors
