3319 Cosby Hwy Cosby, TN 37722-2839
This 7,290-square-foot industrial warehouse, built in 1967 and renovated in 2024, sits on a 2.6-acre lot in Cosby, TN (37722), at 3319 Cosby Hwy. The single-story Class C building features three loading docks, a 12-foot ceiling height, and ample parking for over 20 vehicles, including RV and standard carports. Inside, you'll find 400-amp, 240-volt electrical power, a commercial air compressor piped throughout, air-conditioned office space, and a full bathroom with shower plus a half bath. Recent upgrades include a new roof and conversion of an adjacent area into climate-controlled storage. The property is strategically located on high-traffic Hwy 321, directly across from Cosby High School and Cosby Elementary, offering excellent visibility and accessibility. Importantly, this property remained unaffected by recent flooding in Cocke County, providing a secure investment. Priced at $399,000 ($54.73/sq ft), it also offers a lease option at $3,000 per month NNN, making it ideal for owner-users or investors seeking diverse income streams. The unzoned land presents opportunities for expansion or additional development, such as RV, boat, or vehicle storage. The versatile layout is suitable for various uses, including manufacturing, distribution, warehousing, retail, or service businesses. This property offers immediate occupancy.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.