1820 Us-31W White House, TN 37188
This exceptional 12,000-square-foot industrial building, situated on 2.42 acres in White House, Tennessee, presents a prime investment opportunity. Completed in 2024, this Class B property boasts a single-story design with 16-foot ceilings and features nine individual units: three 1,000-square-foot units and six 1,500-square-foot units. The building is currently vacant and ready for immediate occupancy, with an anticipated occupancy date of October 16, 2024. Conveniently located just three miles from I-65, this property offers easy access to major transportation routes. The property includes ample parking, with a ratio of 3 spaces per 1,000 square feet. Large 12' x 14' grade-level doors facilitate efficient loading and unloading. Zoned for heavy commercial use, this versatile space is ideal for a variety of businesses, including distributors, HVAC companies, or electricians. The asking price is $2,700,000. The property's APN is 009-009.02. This is a rare opportunity to acquire a brand-new, strategically located industrial building in a thriving market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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