Fenced Industrial Warehouse
6055 AIRLINE RD Arlington, TN 38002
6055 AIRLINE RD, Arlington, TN, 38002
$3,900,000
For Sale
$3,900,000
Industrial land with three warehouse buildings, offices, multiple drive-in doors and loading equipment, plus fenced access and electric gate.
Property Size43,306 SF
Lot Size4.84 Acres
Price / SF$90.06
Days on Market17
Property Features for 6055 AIRLINE RD
General Information
- Standard status
- Active
- Size
- 43,306 SF
- Lot size
- 4.84 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 1977
Listing agency
(901) 237-2606
Listed by
Will Bowling
(901) 237-2606
Source
Fayetterealtyllc.idxbroker
Added: Jul 6 Updated: Jul 21 at 5:43AM Checked: Jul 22 at 2:23AM
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 Will Bowling
Investment Insights
Based on property information with market context.
This fenced industrial property includes a main warehouse and office building plus two additional warehouse buildings on 4.838 acres of total land (2 tax parcels). Reported improvements include a renovation completed in 2021 with upgraded fire suppression, a new Duro-Last roof (15-year warranty), and new warehouse heaters. The campus features automated gates, three multi-person offices, two cranes, 11 drive-in doors across the three buildings, two truck ramps, and one dock leveler, along with a commercial security camera system.
A portion of the land is gravel (about 1.3 acres), and the property is completely fenced with an electric gate. A railroad spur is available if needed.
The facility is currently occupied, with the option for a purchaser to buy as an empty facility or negotiate to keep some tenants if desired.
A portion of the land is gravel (about 1.3 acres), and the property is completely fenced with an electric gate. A railroad spur is available if needed.
The facility is currently occupied, with the option for a purchaser to buy as an empty facility or negotiate to keep some tenants if desired.
Key Highlights
- 1977 industrial property on 4.838 acres (2 tax parcels) with three warehouse buildings totaling approx. 31,607 SF plus office space
- Warehouse sizes include 31,607 SF in the main building, 7,293 SF in the second building, and 4,406 SF in the third building
- Fenced property with electric gate and automated gates, plus gravel area of about 1.3 acres
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 | $426.1k | $9.84 |
| − Vacancy | −$35.4k | −$0.82 |
| EGI | $390.8k | $9.02 |
| − OpEx | −$58.6k | −$1.35 |
| NOI | $332.1k | $7.67 |
43,306 SF · lease $9.84/SF/yr · vacancy 8.30% · expense 15.00%
Alternative Uses
Best Use
Office B
$6.08M
$5.32M – $7.09M
NOI $425,611 @ 7.0% cap · market cap 10.91%
Second Best
Warehouse
$4.74M
$4.15M – $5.54M
NOI $332,148 @ 7.0% cap · market cap 8.52%
Theoretical Best
Office A
$8.77M
$7.67M – $10.23M
NOI $613,629 @ 7.0% cap · market cap 15.73%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Arlington Station RV ...
Storage Facility
iXORP
Freight Service
Port Alliance Logistics ...
Corporate Office
PCG Global Trade
Corporate Office
H.Saga International Inc
Loan Service
Similar For Sale Nearby
Similar Off Market Nearby
- Arlington Self Storage — 5925 Airline Rd, Arlington, TN 38002
- Americold Logistics — 5855 Jetway Dr, Arlington, TN 38002
- Lineage — 5855 Jetway Dr, Arlington, TN 38002
- Lineage Logistics — 11420 Gulf Stream Rd, Arlington, TN 38002
- Arlington Climate Controlled Storage — 6001 Airline Rd, Arlington, TN 38002
FAQs
What type of property is this?
Warehouse - Industrial land with three warehouse buildings, offices, multiple drive-in doors and loading equipment, plus fenced access and electric gate.
Where is this warehouse located?
The property is located at 6055 AIRLINE RD Arlington, TN.
What is the asking price?
The asking price for this property is $3,900,000.
What are key features of this property?
This property features: 1977 industrial property on 4.838 acres (2 tax parcels) with three warehouse buildings totaling approx. 31,607 SF plus office space; Warehouse sizes include 31,607 SF in the main building, 7,293 SF in the second building, and 4,406 SF in the third building; Fenced property with electric gate and automated gates, plus gravel area of about 1.3 acres
