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    233 Kirby Dr Portland, TN 37148

    Sponsored
    For Sale
    $6,987,500

    Class A warehouse, 43,000 sq ft, 8 docks, 2024 construction.

    Property size:
    43,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Class A warehouse, located at 233 Kirby Dr, Portland, TN 37148, offers 43,000 square feet of net rentable space. Constructed in 2024, this property sits on a generous 9.49-acre lot and boasts impressive features ideal for various industrial uses. The building features eight loading docks, all equipped with dock-high doors, ensuring efficient and seamless operations. Ceiling heights range from 24 to 28 feet, providing ample vertical space for storage and operations. The property is zoned IND, allowing for a wide range of industrial applications. Currently, 3,000 square feet of office space is planned, providing comfortable administrative areas. The building is equipped with three-phase power, a necessity for many industrial businesses. Furthermore, the property offers significant expansion potential, with the possibility of increasing the building size to up to 70,000 square feet. This expansion could accommodate additional warehouse space, outdoor storage areas, or ample trailer parking. This property presents a rare opportunity to acquire a modern, high-quality warehouse in a desirable location. The asking price is $6,987,500. The expected completion date is January/February 2025.

    Property Features for 233 Kirby Dr

    General Information

    Property type
    Distribution properties
    Square Feet
    43,000 SF
    Class
    A
    Lot Size
    413,384 SF

    Building Details

    Year Built
    2024

    HighLights

    • 43,000 SF Class A warehouse on a 9.49‑acre lot in Portland, TN.
    • New construction (2024), with an expected completion date of January/February 2025.
    • Eight dock‑high loading docks.
    • 24‑28' ceiling heights.
    • IND zoning.
    • 3,000 SF of planned office space.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Restaurant Building Supply Wholesale Shop Auto Repair Shop Auto Parts Store Skin Care Clinic Department Store Kitchen & Bath HVAC Service Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Sumner
    State
    Tennessee
    Longitude
    -86.5173992
    Latitude
    36.5974143

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    FAQs

    What type of property is this?
    Distribution property - Class A warehouse, 43,000 sq ft, 8 docks, 2024 construction.
    Where is this distribution property located?
    The property is located at 233 Kirby Dr Portland, TN.
    What is the asking price?
    The asking price for this property is $6,987,500.
    What are key features of this property?
    This property features: 43,000 SF Class A warehouse on a 9.49-acre lot in Portland, TN.; New construction (2024), with an expected completion date of January/February 2025.; Eight dock-high loading docks.
    Request Owner's contact information
    233 Kirby Dr Portland, TN 37148
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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
    233 Kirby Dr Portland, TN 37148
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