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Property profile & analytics
OFF-MARKET
Warehouses

305 Greenway Dr Ridgely, TN 38080

21,386 SF Built 1976
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Warehouses
Year built 1976
Total area 21,386 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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