540 Broadway St Newport, TN 37821
This exceptional 477,205-square-foot industrial facility, located at 540 E Broadway St, Newport, TN 37821, presents a unique owner-user investment opportunity. Classified as a Class B property, this multi-tenant building boasts a versatile design suitable for distribution, manufacturing, or warehouse operations. The property sits on a substantial 20.78-acre lot (APN: 047N D 01500P 00) and is zoned for industrial use. Key features include 27 loading docks and ceiling heights reaching up to 35 feet, providing ample space for efficient operations. The facility benefits from convenient access to major transportation arteries, including I-40 and I-81, and shares railway access with Highway 73. Nine on-site railcar positions enhance logistical capabilities. Further enhancing its appeal, the property includes a robust water treatment infrastructure and is secured by a perimeter fence with controlled access gates. This food-grade manufacturing facility offers a compelling combination of size, location, and infrastructure, making it an ideal choice for businesses seeking a strategic foothold in East Tennessee. The building was constructed over varying years. The lease type is NNN. Inquire for detailed specifications and pricing.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.