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Property profile & analytics
OFF-MARKET
Warehouses

9520 State Route 78 Ridgely, TN 38080

1,393,920 SF 32 ac lot
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity encompasses a sprawling 32-acre site in Ridgely, Tennessee, boasting a substantial 1,393,920 square feet of industrial space. The property is ideally situated at 9520 S State Route 78, in Lake County, zip code 38080 (36.2411493, -89.4791423). Currently configured with warehouse and commercial space, this versatile property offers a multitude of development possibilities. The existing structures include substantial warehouse space suitable for various industrial uses, along with additional storage units and office areas. A duplex is also present on the property, adding to its diverse income potential. The sheer size of the land and existing buildings presents a unique chance for expansion, redevelopment, or repurposing to suit a wide range of business needs. This property is primed for an investor seeking a significant footprint in a growing market. The scale of this offering presents a rare opportunity to acquire a substantial industrial complex with significant upside potential. The existing infrastructure provides a solid foundation for immediate use or extensive future development. Contact us today to explore the full potential of this remarkable property.

Property profile
Verified
Property type Warehouses
Total area 1,393,920 SF
Lot 32 ac (1,393,920 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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