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    128 Pawnook Farm Rd Lenoir City, TN 37771

    Sponsored
    For Lease
    $9 SF/Yr

    Class A industrial space, ideal for distribution.

    Lot size:
    431,378 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity presents two state-of-the-art Class A distribution centers totaling 431,378 square feet, situated within the Roane Regional Business and Technology Park in Lenoir City, Tennessee. Located at 128 Pawnook Farm Rd and Sam Rayburn Pkwy, these facilities offer a combined 431,378 square feet of leasable space, with a minimum divisible unit of 40,000 square feet. The property boasts a total of two buildings, each featuring a single story and impressive 32-foot ceiling heights, perfect for efficient warehousing and logistics operations. The site encompasses approximately 72 acres of land, zoned I-2 (Medium Industrial), and includes ample trailer and auto parking, with future plans for additional outside storage. Both buildings are scheduled for completion in 2025

    Property Features for 128 Pawnook Farm Rd

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    431,378 SF
    Class
    A
    Total Rate
    323533.5

    Building Details

    Year Built
    2025
    Buildings
    2
    Stories
    1

    Unit(s) available at that property

    Space
    Phase II
    Size
    222,128 SF
    Rate per SF
    $9
    Space
    Phase III
    Size
    209,250 SF
    Rate per SF
    $9

    HighLights

    • 32‑foot clear height ceiling.
    • 52' x 50' column spacing with tilt‑up construction.
    • ±2 acres of future outdoor storage (Phase II).
    • 49 dock‑high positions (Phase II), 40 dock‑high positions (Phase III).
    • 129 auto parking spaces (Phase II), 282 total auto parking spaces (Phases II & III).
    • 32 trailer parking spaces (Phase II), 82 total trailer parking spaces (Phases II & III).
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Building Supply Auto Repair Shop Wholesale Shop Department Store Food Market Grocery Store Discount Store Plumbing Service Supermarket

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

    Location Insight

    • Map
    • Local Demand
    City
    Lenoir City
    County
    Roane
    State
    Tennessee
    Longitude
    -84.3472438
    Latitude
    35.8902401

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    FAQs

    What type of property is this?
    Distribution property - Class A industrial space, ideal for distribution.
    Where is this distribution property located?
    The property is located at 128 Pawnook Farm Rd Lenoir City, TN.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: 32-foot clear height ceiling.; 52' x 50' column spacing with tilt-up construction.; ±2 acres of future outdoor storage (Phase II).
    Request Owner's contact information
    128 Pawnook Farm Rd Lenoir City, TN 37771
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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
    128 Pawnook Farm Rd Lenoir City, TN 37771
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