5240 Schaad Rd 3,200 SF Flex Building Knoxville, TN 37931 $1,080,412 CAD ($337.63 CAD/SF)

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.