Hwy 36 Salvage Yard Property on 5 Acres

Retail-Commercial for Sale
Sale Pending
Also listed as Vacant Land
Catylist Listing ID: 30333766
Property Subtypes: Free-Standing Building, Mixed Use, Vehicle Related, Other
Status: Pending
Building Size (RSF): 7,006 SF
Gross Building Area: See Agent
Gross Land Area: 4.90 Acres
Sale Price: $315,000
Unit Price: $44.96 PSF
Property Use Type: Vacant/Owner-User
Building Name: Former Midway Auto Salvage
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/11/2019

Overview / Comments

Large 5 Acre MOL property just off Hwy 36 near Gray, TN. This former auto salvage property consists of 3 parcels with frontage on Dogwood Lane and public easement from Hwy 36. Property has two large buildings, main building is 4,606 sq ft two story parts, service and auto garage. Second newer building is 2,400 sq ft 3 bay prefab metal garage built in 2013. Property has been cleared of all vehicles. All necessary environment precautions have been in practice by previous business and Phase One environmental assessment has been completed.

Possible continued use as salvage business if within one year with existing business license permit in place. No new permits are being issued by the State of Tennessee for this use. Other possible uses include auto repair shop or other service business desiring large garage facility. Possible rezoning for mutli-family or residential development. Contact agent for further property details including building specs and to discuss options.

Additional Details

Nearest MSA: Johnson City
County: Washington
Taxing Authority: Washington County, TN
Tax ID/APN: 005J E 009.00; 005J E 012.00; 005J E 012.01

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,744 17,876 42,693
Median Age: 38.21 41.62 41.69
Households: 2,062 7,449 17,582


Photograph of Listing Agent

Cassie Petzoldt

TCI Group - Jerry Petzoldt Agency
The information presented herein is provided as is, without warranty of any kind. Neither Northeast Tennessee Association of REALTORS® nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.