Property profile

233 Kirby Dr Portland, TN 37148

FOR SALE
Warehouses
Property ID
US80-2680203
43,000 SF 9.49 ac lot Built 2024
Entity Owned 3-yr Hold
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233 Kirby Dr, Portland, TN 37148 For Sale
Contact for pricing 43,000 SF
233 Kirby Dr, Portland, TN 37148
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Property summary

AI-generated overview

This exceptional Class A warehouse, located at 233 Kirby Dr, Portland, TN 37148, offers 43,000 square feet of net rentable space. Constructed in 2024, this property sits on a generous 9.49-acre lot and boasts impressive features ideal for various industrial uses. The building features eight loading docks, all equipped with dock-high doors, ensuring efficient and seamless operations. Ceiling heights range from 24 to 28 feet, providing ample vertical space for storage and operations. The property is zoned IND, allowing for a wide range of industrial applications. Currently, 3,000 square feet of office space is planned, providing comfortable administrative areas. The building is equipped with three-phase power, a necessity for many industrial businesses. Furthermore, the property offers significant expansion potential, with the possibility of increasing the building size to up to 70,000 square feet. This expansion could accommodate additional warehouse space, outdoor storage areas, or ample trailer parking. This property presents a rare opportunity to acquire a modern, high-quality warehouse in a desirable location. The asking price is $6,987,500. The expected completion date is January/February 2025.

Property profile

Verified
Property type Warehouses
Year built 2024
Total area 43,000 SF
Lot 9.49 ac (413,384 SF)
UPID US80-2680203

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

233 Kirby Dr Portland, TN 37148
Portland metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2023
5 recorded transactions
2024
Price N/A
2023
Price N/A
2020
Price N/A
2019
Price N/A
2018
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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