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    9905 Sherrill Blvd Knoxville, TN 37923

    Sponsored
    For Lease
    $31 SF/Yr ($18,747 /Mo)

    7,050 SF Warehouse on 11.7 Acres

    Lot size:
    7,050 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity presents a 7,050-square-foot warehouse situated on a substantial 11.7-acre lot. The property boasts a strong annual net lease of $225,000. The warehouse features two offices, two spacious storage areas, three convenient drive-in doors, and a loading dock, ensuring efficient operations. Gas heat is provided for the warehouse. The property benefits from excellent accessibility, with easy access to the I-40/75 and Pellissippi Parkway interchange at Cedar Bluff. A significant portion of the land is paved, providing ample space for maneuvering and storage. The property is zoned CH. High traffic counts are observed on nearby I-40/I-75 (170,970), I-140 (76,983), and N. Cedar Bluff Road (20,108). Strong demographics support this location, with populations within 3, 5, and 7 miles totaling 55,132, 138,105, and 201,650 respectively, and average household incomes ranging from $106,920 to $122,080. This property offers a compelling combination of size, location, and income potential, making it an ideal addition to any investment portfolio.

    Property Features for 9905 Sherrill Blvd

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,050 SF
    Total Rate
    18747.13

    Unit(s) available at that property

    Space
    Size
    7,050 SF
    Rate per SF
    $31

    HighLights

    • 7,050 SF building on 11.7 acres.
    • $225,000 annual NNN lease.
    • Features two offices, two large storage areas, three drive‑in doors, and one loading dock with gas warehouse heat.
    • Excellent access to I‑40/75 and Pellissippi Parkway interchange at Cedar Bluff.
    • Large paved area.
    • CH Zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Hair Salon Dental Office Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Knoxville
    County
    Knox
    State
    Tennessee
    Longitude
    -84.1128964
    Latitude
    35.9140162

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    FAQs

    What type of property is this?
    Distribution property - 7,050 SF Warehouse on 11.7 Acres
    Where is this distribution property located?
    The property is located at 9905 Sherrill Blvd Knoxville, TN.
    What is the lease rate?
    The lease rate is $31 SF/Yr.
    What are key features of this property?
    This property features: 7,050 SF building on 11.7 acres.; $225,000 annual NNN lease.; Features two offices, two large storage areas, three drive-in doors, and one loading dock with gas warehouse heat.
    Request Owner's contact information
    9905 Sherrill Blvd Knoxville, TN 37923
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    9905 Sherrill Blvd Knoxville, TN 37923
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