305 Greenway Dr Ridgely, TN 38080
- Warehouses
- 21,386 SF
Current Use by Public Records
- Warehouses
Property Details for 305 Greenway Dr
- Year built
- 1976
- Property size
- 21,386 SF
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
This exceptional investment opportunity in Ridgely, Tennessee, presents a 21,386-square-foot warehouse situated on a 3.32-acre lot (144,619.2 sq ft). Built in 1976, this single-story structure boasts multiple storage areas, 12-foot side walls, and convenient access via a private road. Features include a loading dock, two 10-foot roll-up doors, and multiple bathrooms. The property also includes living quarters and the potential for 3-phase electric service. Its strategic location offers proximity to major transportation routes and the Port of Cates Landing. The area is experiencing significant economic growth, fueled by projects like the Ridgely Solar initiative (over 1,300 acres) and the recently launched Sinova silicon metal processing plant ($150 million investment). This property presents substantial upside potential for a variety of uses. Public utilities service the site. The asking price is $399,900.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ridgely
- County
- Lake
- State
- Tennessee
- Longitude
- -89.5309
- Latitude
- 36.1971
