488 Municipal Dr, Jefferson City, TN, 37760

488 Municipal Dr Jefferson City, TN 37760

488 Municipal Dr, Jefferson City, TN, 37760
488 Municipal Dr, Jefferson City, TN, 37760 488 Municipal Dr, Jefferson City, TN, 37760 488 Municipal Dr, Jefferson City, TN, 37760 488 Municipal Dr, Jefferson City, TN, 37760 488 Municipal Dr, Jefferson City, TN, 37760 488 Municipal Dr, Jefferson City, TN, 37760 488 Municipal Dr, Jefferson City, TN, 37760 488 Municipal Dr, Jefferson City, TN, 37760 488 Municipal Dr, Jefferson City, TN, 37760 488 Municipal Dr, Jefferson City, TN, 37760 488 Municipal Dr, Jefferson City, TN, 37760 488 Municipal Dr, Jefferson City, TN, 37760 488 Municipal Dr, Jefferson City, TN, 37760
FOR SALE
Property Type:
Factory
Amount:
$2,500,000
Last Verified:
Nov 17, 2023


Description

41,500 square foot industrial building located on 10.5 acres of industrial zoned land in the Jefferson City Industrial Park in Jefferson City, TN (+/- 30 miles east of Knoxville, TN).
The footprint of the building is 39,300 square feet (150’ x 262’), has 75’ x 25’ column spacing, ceiling heights of 20’ – 23’, 4,400 SF of office on 2 levels (+/- 2,200 SF on each floor), 3 loading docks with levelers, 3 drive-in doors, and a pre-graded pad on north side of building for expansion. The building is fully heated and cooled, has 3-phase electric (480y/277, 1200 amp), and mostly LED lighting.

Jefferson City Industrial Park in Jefferson City, TN.

Building Size: 41500sq ft
Lot Size: 10.5 acres

Map of 488 Municipal Dr, Jefferson City, TN, 37760

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.