2401 Dutch Valley Dr Knoxville, TN 37918

This exceptional investment opportunity presents a +/- 117,200 square foot multi-tenant industrial building situated on a 4.359-acre lot in Knoxville, Tennessee. Located at 2401 Dutch Valley Dr, 37918, this property boasts excellent visibility from I-640, enjoying high traffic counts averaging 89,826 vehicles daily. The building is zoned Mixed-Use Industrial, offering considerable flexibility for future development or tenant diversification. Currently, a significant portion of the space is utilized as self-storage, complemented by a diverse tenant mix including a furniture warehouse, sports training facility, and a gym. The current blended occupied rental rate is $2.87 per square foot, significantly below the CoStar market rate of $8.33 per square foot, presenting a substantial opportunity to increase rental income and overall return on investment. The asking price is $4,300,000, translating to a land value of approximately $37 per square foot. This property offers a compelling combination of strong location, diverse tenancy, and significant upside potential for savvy investors seeking a high-return industrial asset in a thriving Knoxville market. The property's size and zoning provide ample room for expansion or redevelopment, catering to a wide range of potential uses.