INDUSTRIAL WAREHOUSE FOR SALE ON 13 ACRES IN PALESTINE

Industrial for Sale
Catylist Listing ID: 30354560
Property Subtypes: Industrial-Business Park, Mixed Use, Warehouse/Distribution
Building Size (RSF): 9,296 SF
Gross Land Area: 13.68 Acres
Sale Price: $335,000
Unit Price: $36.04 PSF
Office SF: 3,200 SF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/1/2019

Overview / Comments

Buildings are in decent condition, interior shows heavy use, is old and needs remodeling. Front Office building is 3200 sf, the warehouse building to its left is 3600 sf, 4 additional buildings in the rear together total almost 2500 sf., property has 2 wash bays and is fenced. Property was used for a Oil Drilling Company, shows extensive use but is still usable and is a good deal for 9,200+ sf on 13+ acres of land and 440' of HWY Frontage. Radio Tower on property has a permanent Lifetime easement. (All building measurements are approximate) See attachment for more detailed building sizes.

Attachments & Media

Additional Details

Nearest MSA: Palestine
County: Anderson
Taxing Authority: ANDERSON COUNTY
Tax ID/APN: 0367-0839-1200-0000
Property Located Between: FRANKSTON AND PALESTINE
Highway Access: 440' FRONTAGE ON HWY 155
Site Description: LEVEL AND SLOPING
Tenancy: Single Tenant
Total Number of Buildings: 3
Number of Stories: 1
Property Condition: Fair
Year Built: 1984
Roof Type: Other
Construction/Siding: Other
Exterior Description: WAREHOUSE
Parking Type: Surface
Parking Description: OPEN, FENCED, GRAVEL
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Other
Zoning Description: INDUSTRIAL
Water Service: Municipal
Sewer Type: Septic
Easements: Other
Easements Description: Radio Tower on property has a permanent Lifetime easement. (All building measurements are approximate) See attachment for more detailed building sizes.
Land Ownership: OWNED
Legal Description: A0367 Hinds, Peter SR, Block 839, Tract 12 & 12A

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 6,619 17,785
Median Age: 38.85 35.54
Households: 2,517 6,697

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