5240 Schaad Rd - Flex FOR SALE


Knoxville, TN 37931- Westside
$775,000 USD
865-770-8870
5240 Schaad Rd, Knoxville, TN for Sale
$775,000 USD
Flex - FOR SALE
1/3
null | Request Cap Rate

5240 Schaad Rd
Knoxville, TN 37931
Westside


HIGHLIGHTS

  • 1.25-acre cleared and level lot with paved county road frontage.
  • Convenient access to State Route 62 and major Knoxville corridors.
  • Includes a 3,200 SF insulated metal building with water and gas suitable for warehouse or storage use.

OVERVIEW

3,200 SF Warehouse/Office on 1.25 Acres | Immediate Occupancy This versatile industrial/commercial property offers 1.25 acres of cleared, level land improved with a well-constructed 3,200-square-foot warehouse/shop building in Knoxville's growing west side corridor. The building is vacant and available for immediate occupancy, making it an ideal opportunity for an owner-user, investor, contractor, or service business seeking functional space with room to grow. Conveniently located near State Route 62, the property provides excellent connectivity to I-40, I-75, downtown Knoxville, and McGhee Tyson Airport, supporting efficient regional distribution and easy access throughout East Tennessee. The site features paved county road frontage, ample parking, generous outdoor storage potential, and additional space for future improvements or expansion. The existing building is well suited for light warehouse operations, professional offices, equipment storage, distribution, service businesses, or a variety of commercial applications. The combination of a functional building, level site, and strategic location provides flexibility for both immediate occupancy and long-term investment. Future Development Potential Knox County is currently finalizing its Unified Development Ordinance (UDO). Under the current draft, the property is identified within the proposed MR-2 (Mixed Use Residential 2) district, which would expand future development opportunities by allowing additional neighborhood-serving commercial uses. Potential uses identified in the draft include office and professional services, financial services, personal services, child care facilities, and, through the conditional use process, eating and drinking establishments, educational facilities, laundry and dry cleaning services, and other compatible commercial uses. The proposed UDO remains under review and has not yet been adopted but is in the final stages. Buyers should independently verify the status of the proposed ordinance and any future land use opportunities. Knoxville continues to experience strong residential and commercial growth driven by manufacturing, transportation, healthcare, and logistics. Positioned within one of East Tennessee's most active development corridors, this property offers an excellent opportunity to acquire a flexible commercial asset with immediate usability and significant long-term upside.

FOR SALE DETAILS

PRICE

$775,000 USD

PRICE/SF

$242 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

ADD'L SUBTYPES

Bank, Health Club, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2011

UTILITIES

-

CLEAR CEILING HT

18 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.25

LAND SF

54,450

ZONING

-

APN/PARCEL ID

091-18617

ASK ABOUT THIS PROPERTY

Justin FordCDF InvestmentsMore Info
865-770-8870

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Justin FordCDF InvestmentsMore Info
865-770-8870

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.