425 Gtwy Ave Rockwood, TN 37854-2336
This exceptional Rockwood, Tennessee industrial property, located at 425 N Gateway Ave, 37854, offers 129,538 square feet of immediately available warehouse space within a larger 247,460 square foot building. The property boasts a prime location in Roane County, strategically situated between Knoxville and Crossville with convenient highway access. Built in 1905 and renovated in 1924, this Class C building features a two-story design with an 18'2" ceiling height. Recent improvements include a new roof, energy-efficient LED lighting, a newly paved parking lot complete with a heavy-duty truck court, and a fresh coat of paint throughout the interior. The space is fully sprinklered for safety and includes five dock-high doors equipped with awnings and levelers, along with two drive-in doors to facilitate efficient loading and unloading. The property also includes substantial power capacity, designated as "Heavy Power". The building is zoned M-1 and sits on a 9.26-acre lot. The layout includes 57,309 square feet of warehouse space and 7,370 square feet of office space on the main level, and an additional 64,679 square feet of warehouse space on the lower level. This versatile space is perfect for various manufacturing, distribution, or warehousing operations.
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Albahealth, an Encompass Group, LLC Company Industrial Manufacturer Production Facility
The intent of the M-1, Light Industrial District is to provide areas for manufacturing, warehousing and similar light industrial uses, such areas should be located where there is good road access and where adequate utilities are available, they should also be located where allowed uses will not adversely affect residential districts and uses
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
M-1 · Rockwood, TNThe intent of the M-1, Light Industrial District is to provide areas for manufacturing, warehousing and similar light industrial uses, such areas should be located where there is good road access and where adequate utilities are available, they should also be located where allowed uses will not adversely affect residential districts and uses
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.