9520 State Route 78 Ridgely, TN 38080
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.
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
Similar Nearby for Sale
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.