Industrial Building on Middlebrook
5300 S Middlebrook Pike Knoxville, TN 37921
5300 S Middlebrook Pike, Knoxville, TN, 37921
$1,245,000
For Sale
$1,245,000
6,925 SF industrial building with I-G zoning for sale.
Property Size6,925 SF
Price / SF$179.78
Days on Market237
Property Features for 5300 S Middlebrook Pike
General Information
- Standard status
- Active
- Size
- 6,925 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1982
Listing Agency
NAI Koella RM Moore - Knoxville
(865) 806-6517
Listed by
Sam Tate, CCIM · License #TN #207699
(865) 806-6517
Source
Naiglobal
Added: Nov 22, 2025 Checked: Jul 17 at 5:10 am
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 6,925 SF building, originally constructed in 1982 for a construction equipment leasing business, is currently occupied by Borden Dairy under a month-to-month lease. Situated on a 0.9-acre site with 368' of road frontage on S Middlebrook Pk, the property offers prominent visibility and easy crossover to westbound traffic. The I-G zoning permits a broad spectrum of uses including industrial, retail, office, restaurant, equipment rental, and service. The property is located in the Middlebrook industrial corridor on the south side of S Middlebrook Pike, across from Henson Road. It is easily accessible from I-40, I-75, and I-640 from either direction, making it a strategically located property for various business operations.
Key Highlights
- I‑G zoning permits multiple uses including industrial, retail, office, restaurant, and equipment rental/service.
- Prominent visibility with 368' road frontage on S Middlebrook Pk.
- Easy access to I‑40, I‑75, and I‑640.
Local Financial Insights For Warehouse
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 | $74.8k | $10.80 |
| − Vacancy | −$4.1k | −$0.59 |
| EGI | $70.7k | $10.21 |
| − OpEx | −$10.6k | −$1.53 |
| NOI | $60.1k | $8.68 |
6,925 SF · lease $10.80/SF/yr · vacancy 5.50% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$858.2K
$750.9K – $1.00M
NOI $60,075 @ 7.0% cap · market cap 4.83%
Second Best
Industrial
$664.0K
$581.0K – $774.6K
NOI $46,478 @ 7.0% cap · market cap 3.73%
Theoretical Best
Office A
$1.72M
$1.50M – $2.00M
NOI $120,063 @ 7.0% cap · market cap 9.64%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Borden Dairy Company
Production Facility
Similar For Sale Nearby
Similar Off Market Nearby
- Iron Mountain — 1706 Louisville Dr, Knoxville, TN 37921
- Gouffon Moving & Storage — 1520 Amherst Rd, Knoxville, TN 37909
- Allied Van Lines — 4013 Henson Rd #20, Knoxville, TN 37921
- Carey Moving & Storage of Knoxville — 4013 Henson Rd, Knoxville, TN 37921
FAQs
What type of property is this?
Warehouse - 6,925 SF industrial building with I-G zoning for sale.
Where is this warehouse located?
The property is located at 5300 S Middlebrook Pike Knoxville, TN.
What is the asking price?
The asking price for this property is $1,245,000.
What are key features of this property?
This property features: I‑G zoning permits multiple uses including industrial, retail, office, restaurant, and equipment rental/service.; **Prominent visibility with 368' road frontage on S Middlebrook Pk.**; Easy access to I‑40, I‑75, and I‑640.
