Industrial Warehouse with
3319 E Governor John Sevier Hwy Knoxville, TN 37914
3319 E Governor John Sevier Hwy, Knoxville, TN, 37914
Contact for pricing
For Sale
Contact for pricing
Warehouse facility with mezzanine office rooms, multiple garage doors, and fenced yard on nearly two acres.
Property Size4,000 SF
Lot Size1.96 Acres
Price / SF$198.75
Days on Market51
Property Features for 3319 E Governor John Sevier Hwy
General Information
- Standard status
- Active
- Size
- 4,000 SF
- Lot size
- 1.96 Acres
- Property subtype
- INDUSTRIAL
Listing agency
Greenbrier Real Estate Advisors
(865) 206-0180
Listed by
Josiah Glafenhein · License #313481
(865) 206-0180
Source
Moodyscre
Added: Jun 1 Updated: Jul 20 at 5:20PM Checked: Jul 21 at 6:49AM
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 Greenbrier Real Estate Advisors
Investment Insights
Based on property information with market context.
This 4,000 SF +/- industrial warehouse includes 3 finished office rooms, an entrance area, and two bathrooms. The warehouse features two large garage doors (10x10’ and 8x12’) and a mezzanine floor running the length of the building, with smaller rooms underneath. Warehouse ceiling height is approximately 16–17’. The property also offers two exterior open-air covered bays, plus a large concrete pad surrounding the building.
The site is located on E Governor John Sevier Highway in Knoxville, Tennessee, near the Forks of the River industrial park. The property is fenced and has two gate entrances, providing controlled access and yard space. With 1.96 acres +/- available, the parcel offers additional development opportunities under Industrial zoning.
Overall, the building is configured for industrial use with on-site office space and direct overhead door access, supported by covered bays, enclosed office areas, and an expanded fenced yard.
The site is located on E Governor John Sevier Highway in Knoxville, Tennessee, near the Forks of the River industrial park. The property is fenced and has two gate entrances, providing controlled access and yard space. With 1.96 acres +/- available, the parcel offers additional development opportunities under Industrial zoning.
Overall, the building is configured for industrial use with on-site office space and direct overhead door access, supported by covered bays, enclosed office areas, and an expanded fenced yard.
Key Highlights
- 4,000 SF +/- industrial warehouse building on 1.96 acres +/- on E Governor John Sevier Highway in Knoxville, TN
- Warehouse includes 16‑17' ceiling height and a mezzanine floor along the length of the building with small rooms underneath
- Interior layout features 3 finished office rooms, an entrance area, and 2 bathrooms
Local Financial Insights For Office B
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 | $84.0k | $21.00 |
| − Vacancy | −$13.4k | −$3.36 |
| EGI | $70.6k | $17.64 |
| − OpEx | −$17.6k | −$4.41 |
| NOI | $52.9k | $13.23 |
4,000 SF · lease $21.00/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$756.0K
$661.5K – $882.0K
NOI $52,920 @ 7.0% cap · market cap 6.66%
Second Best
Warehouse
$495.7K
$433.8K – $578.3K
NOI $34,700 @ 7.0% cap · market cap 4.36%
Theoretical Best
Office A
$990.7K
$866.9K – $1.16M
NOI $69,350 @ 7.0% cap · market cap 8.72%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
C & C X-RAY ...
Medical Supply Store
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FAQs
What type of property is this?
Warehouse - Warehouse facility with mezzanine office rooms, multiple garage doors, and fenced yard on nearly two acres.
Where is this warehouse located?
The property is located at 3319 E Governor John Sevier Hwy Knoxville, TN.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: 4,000 SF +/- industrial warehouse building on 1.96 acres +/- on E Governor John Sevier Highway in Knoxville, TN; Warehouse includes 16‑17' ceiling height and a mezzanine floor along the length of the building with small rooms underneath; Interior layout features 3 finished office rooms, an entrance area, and 2 bathrooms
