23100 Austin Whitt Rd Ardmore, TN 38449
- Commercial real estate
- 16,020 SF
- 2.00 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 23100 Austin Whitt Rd
- Year built
- 2001
- Construction
- FRAME
- Lot size
- 2.00 lot acres
- Property size
- 16,020 SF
- Property type
- Commercial real estate
- APN
- 028181 01611
- APU
- 2818101611
Description
This exceptional 15,300-square-foot industrial property, built in 2001 and extensively renovated in 2024, offers a versatile single-tenant space ideal for distribution, warehousing, or light manufacturing. Situated on two acres of land with 215 feet of frontage, the building boasts a 14-foot ceiling height, providing ample vertical space for storage and operations. Access is convenient, located approximately one mile from Tennessee exit 1 on I-65, ensuring efficient transportation logistics. The property features one loading dock equipped with two dock-high doors, plus two additional drive-in overhead doors, facilitating seamless loading and unloading. Power is robust, with a 600 AMP, 277/480 V service. Ample paved parking is available for trucks, and there's additional space for potential lot expansion or outdoor storage. The building includes 1,030 square feet of well-maintained office space, providing comfortable administrative areas. The entire building benefits from a modern HVAC system and recently installed energy-efficient LED high-bay lighting, contributing to both comfort and cost savings. This property presents a rare opportunity to acquire a well-maintained, strategically located industrial space with significant operational advantages.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $335,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $255,000
- 6.5%
- $265,000
- 7%
- $265,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $210,000
- Geo Method
- $240,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $270,000
- Retail
- $280,000
- Mixed-Use
- $225,000
- Hospitality
- $255,000
- Educational
- $280,000
- Residential Income
- $265,000
- Energy
- $245,000
- Income-Based Land
- $275,000
- Food Service
- $255,000
Location Insight
- Map
- Local Demand
- City
- Ardmore
- County
- Giles
- State
- Tennessee
- Longitude
- -86.8584
- Latitude
- 34.9992