23470 Rhea County Hwy, Spring City, TN 37381-4921
This 9,066 square foot multi-use building presents a compelling investment opportunity in Spring City, Tennessee. Located on a 0.72-acre lot at 23470 Rhea County Hwy, 37381, this Class B property boasts excellent visibility due to its prime location on Rhea County Highway. Built in 2009, the single-story structure features a 10-13 foot ceiling height, one ground-level roll-up door ideal for truck deliveries, and updated LED lighting. A large parking lot ensures easy ingress and egress. The property includes a walk-in refrigeration/freezer unit. The flexible C-4 zoning allows for a wide range of uses, including retail, office, fitness center, climate-controlled storage, warehousing, light manufacturing, and restaurants. The property is vacant and being sold "as is, where is." This strategically located building offers easy access to both the Chattanooga and Knoxville Metropolitan Statistical Areas. The asking price is $650,000, with a price per square foot of $71.70. The property's APN is 031 017.00. This is a rare opportunity to acquire a versatile commercial property in a growing area.
Cap rate
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Comparables
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Property description
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Costs & Benchmarks
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Risks
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